The recession officially ended in July 2009. A few years later, the US has had 43 months of 8%+ unemployment, real wages and savings are down, GDP resembles a 2nd world nation, people are abandoning the jobs market in record numbers, personal debt is high, and the US debt is now over $16 trillion. People do not feel that the recession ever ended
(Fox News) Less than two months before Election Day, most likely voters think the country is still in a recession, and a majority thinks the economy will improve faster if the country changes course rather than stays the course.
That’s according to a Fox News poll released Wednesday.
Fully 80 percent of likely voters believe the recession continues — that includes 44 percent who think things are nevertheless getting better and 36 percent who say things could get worse.
Eighteen percent of voters think the recession is over, but that includes 10 percent who think another could be coming. Â All in all, eight percent of voters believe the recession is over and the economy is recovering.
Don’t worry, though, because “the private sector is doing fine.” The one you didn’t build
Meanwhile, by a 55-33 percent margin, likely voters say — regardless of which candidate wins the election — the economy will rebound faster if we “change course†rather than “stay on our current course.â€
Not surprisingly, 93 percent of those who want to stay the course back President Obama in this year’s presidential election. Of those who say the country needs to change course, 73 percent support Mitt Romney.
Almost all Republicans (91 percent), over half of independents (53 percent) as well as a quarter of Democrats (25 percent) think the economy will recover faster by changing course.
I’m amazed that the numbers aren’t higher in favor of changing course. After 4 years of Obamanomics, it’s quite clear that Obama’s polices, along with those of his Democrat compatriots, have failed miserably.
The American people have a choice come November 6th: continue on this path of malaise or vote to try something different. Unfortunately, there are a ton of people who are beholden to the government for their livelihood and lives.
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years.†― Alexis de Tocqueville
