Declining Confidence in Economy Jeopardizes Obama’s Reelection
According to a Rasmussen Reports survey, Americans do not have confidence in the economy, and their continued pessimism puts Obama’s reelection in serious jeopardy.
The survey found that consumer confidence fell to the lowest level it has ever been this year. Most Americans believe the economy and their personal financial situation are getting worse — only 25% surveyed believed the economy was getting better while 22% believed their personal finances were improving.
According to the survey, “the lows of 2012 aren’t nearly as bad as they were in the previous three years,” the “trend is discouraging” and is “clearly taking a toll on the American people.”