Recession Takes Its Toll on Household Wealth
The net worth of households in the U.S. fell sharply from 2005 to 2009, declining by 28%. But the drop in household wealth affected minorities disproportionately.
Economic Conditions
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Economic Conditions
Publications
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Jobs vs. Deficit — Where the Public Stands
When President Obama goes before a joint session of Congress on Thursday to lay out a plan for spurring jobs creation, one of the political and policy dynamics at work will be the tension that animated the debate in Washington all this year: the push to reduce federal spending and the government’s deficit competing against […]
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Few See Job Proposals Having Much Effect
When asked which economic issue worries them most, nearly twice as many Americans cite the job situation as the federal budget deficit (43% to 22%). There is less clarity in the public’s views about ideas to address the job situation – many are seen as helping at least a little, but no specific proposal emerges […]
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Public Sees Budget Negotiations as “Ridiculous”, “Disgusting”, “Stupid”
From liberal Democrats to Tea Party Republicans, there is broad public consensus that the budget negotiations of recent weeks can be summed up in words such as ridiculous, disgusting, stupid, and frustrating. Nationwide, 72% describe the recent negotiations in negative terms such as these; while very few offer a positive (2%), or even neutral (11%), […]
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Obama Draws More Confidence than Boehner, McConnell or Cantor on Debt Ceiling
The public expresses far more confidence in President Obama than it does in congressional leaders of both parties when it comes to the debate over the debt ceiling. Nonetheless, only about half of Americans (48%) have even a fair amount of confidence in Obama to do the right thing when it comes to dealing with […]
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Public Split Evenly on Urgency of Debt Limit Debate
Overview While administration officials project an economic catastrophe if the debt limit is not raised by Aug. 2, many Americans do not see this deadline as a major problem. Four-in-ten (40%) say that, from what they’ve read and heard, it is absolutely essential that the federal debt limit be raised by Aug. 2 to avoid […]
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The Debt Ceiling Showdown – Where the Public Stands
The nation is headed toward a possible government default on Aug. 2 if no agreement is reached to raise the debt ceiling. The public is still coming to grips with this complex issue, but recent Pew Research Center surveys show that opinions are beginning to take shape: The Bottom Line. The public has grown more […]
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Public Now Divided on Debt Limit Debate
As the debate over the nation’s debt and deficit continues, the public has grown more concerned that failing to raise the debt limit would force the government into default and hurt the economy. Despite this change, however, about as many Americans are concerned by the consequences of raising the nation’s debt limit as by the […]
