Despite touting from the White House that the economy is roaring back to life, the majority of Americans believe it is still suffering. According to a new Fox News poll, 59 percent of Americans believe the economy has somewhat improved, but believe it still has a long way to go.
Although the unemployment rate is down, it should be noted there are a record number of people who aren't participating in the labor force.The 59 percent of voters who think the economy is hurting includes 22 percent who say the country is still in recession and 37 percent who say it’s in an economic downturn, but not a recession.
The 59 percent of voters who think the economy is hurting includes 22 percent who say the country is still in recession and 37 percent who say it’s in an economic downturn, but not a recession.
The silver lining is that’s a significant improvement over the 67 percent who felt the economy was in bad shape a year ago. And it’s light years away from three years ago when 83 percent felt that way (41 percent recession and 42 percent downturn, 2012).
A record high (though still lackluster) 38 percent think the economy is doing okay, up from 30 percent a year ago.