Economic Conditions

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.

When the real estate market melted down, those hit hardest by the sharp drop in household wealth were blacks and Hispanics. But even while their wealth was being decimated, the political reaction among the nation's minorities has been surprisingly muted.

Overview The public overwhelmingly favors a compromise in the debt ceiling standoff. And even as negotiations aimed at resolving the issue show little progress, a majority thinks that Barack Obama and congressional Republicans will reach a deal before the Aug. 2 deadline on a possible government default. Fully 68% say that lawmakers who share their […]

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 […]

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 […]

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 […]

Overview As policymakers at the state and national level struggle with rising entitlement costs, overwhelming numbers of Americans agree that, over the years, Social Security, Medicare and Medicaid have been good for the country. But these cherished programs receive negative marks for current performance, and their finances are widely viewed as troubled. Reflecting these concerns, […]