A new Gallup poll shows that Americans aren't at all optimistic about the economy. Nearly 7 in 10 feel that the economy is getting worse. This is the most negative reading in almost six years. Gallup adds: "For the first time this year, a majority of Americans are negative about the employment market, saying it is a bad time to find a quality job."
Other findings: only one in three believe that the economy is good or excellent and the percentage who believe that the economy is getting better fell from 28% to just 23%.
"When asked about the most pressing financial problems their family faces today, Americans mention healthcare costs, lack of money or low wages, and oil and gas prices," Gallup reports. "Healthcare costs are mentioned by 16% of Americans while 13% say low wages and 11% say oil and gas prices. These percentages are virtually unchanged from last month."
The survey was performed June 11-14.
You may hear all the fluff on TV about the rising stock market, tax cuts and the supposed 'robust economy' but in reality, average Americans are not benefiting from this economic model.
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