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Vast Majority of Americans Worried About Inflation

mergotroid Wrote: Nov 12, 2012 7:23 PM
Stock market performance under George W. Bush compared to Obama's tenure. ------------DJIA-----NASDAQ-----S&P500 1/20/01---10,588-----2,770-------1,343 1/20/09----7,949----1,441---------805 10/18/12--13,319-----3,046-------1,428 Please take a look at the Destruction of Wealth under George W. Bush and the Republican Party. DJIA -25%, NASDAQ -48%, S&P500, -40%. First three years of Obama. DJIA +65%, NASDAQ +106%, S&P500 +77%. YES, as a retired investor, I AM better off today than almost four years ago.

Adding the overall gloomy picture of how Americans view the economy, the vast majority are concerned about inflation according to a new Rasmussen Report.

Most Americans remain concerned about inflation but are beginning to express a little more trust in the Federal Reserve Board’s ability to control it.

A new Rasmussen Reports national telephone survey finds that 76% of American Adults are at least somewhat concerned about inflation, including 48% who are Very Concerned.  Twenty-two percent (22%) are Not Very or Not at All Concerned.

This feeling comes as the Federal...