Family finances, woman paying bills Though the U.S. economy by most measures is improving, a majority of Americans remain wary, fearful that the worst is yet to come, a new poll shows.

The nationwide survey, conducted by Marist College in Poughkeepsie, N.Y., showed that 53% of those polled think the U.S. will see more economic hardship ahead. Eight percent were unsure, while 39% felt the worst of the fallout from the 2008 financial crisis had come and gone.

"The public clearly does not think we've turned the economic corner," said Lee M. Miringoff, director of the Marist College Institute for Public Opinion, in a statement releasing the survey's findings. "Their frustration over financial matters continues."

Poor Prospects for Household Finances

Americans' dismal view of the economy was bolstered by findings that show 79% think the nation is in recession. A small number, 2%, were unsure, while only 18% said they didn't believe the U.S. was still enduring an economic downturn.

The new poll, conducted during the first week of December, showed little change from a similar survey last month. Results then showed that 51% said the worst was ahead, while 45% thought they had passed. At that time, 5% were unsure.

Just as telling were perceptions of Americans' own personal finances. A majority -- 52% -- said they expected their household finances to remain static during the coming year, while nearly three in 10 anticipated their family finances will get better. Nineteen percent foresaw them worsening.

Those findings are little changed from September, when the same question revealed that 52% of poll respondents believed their household finances would remain the same, 30% thought they would improve and 18% expected their finances to worsen, Marist noted.

Not surprisingly, Americans who thought the worst of the nation's economic problems are over were more optimistic than were those who believed the worst is yet to come. Among those who are more positive, the poll found, 44% expected their family finances to improve.

However, just 18% of those who said the worst of the country's economic conditions are yet to come believed their money matters will get better.

The telephone survey, which interviewed 1,029 adults, has an error rate of plus or minus 3%.

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the government wouldn't admit there was a recession in progress a couple years ago when it was evident to most everyone that we were already in one. now they say that the economy is revving up when, again, most people would totally disagree with that statement.

is it any wonder congress has an approval rating below 30% ?

i'm sick of this crap they lie to us about.

they live by the adage,"tell a lie big and tell it often?"

December 18 2010 at 6:16 PM Report abuse +4 rate up rate down Reply

Free America died when JFK was ambushed...

December 17 2010 at 7:33 PM Report abuse +1 rate up rate down Reply


December 17 2010 at 7:05 PM Report abuse +1 rate up rate down Reply

The recession is over for Wall Street. The recession is still on for Main Street.

December 17 2010 at 6:20 PM Report abuse +6 rate up rate down Reply
Robert & Lisa

Obsma and the Demoncrats in power=George Soros's puppets.

December 17 2010 at 6:05 PM Report abuse +4 rate up rate down Reply
1 reply to Robert & Lisa's comment

I think we've finally found out what the boogie man's proper name is -- George Soros.

December 20 2010 at 6:33 AM Report abuse rate up rate down Reply
Robert & Lisa

It's so simple, reward the producers and you get more production. The average person's standard of living goes up. Reward the non-producers and you have non-production. The average person's standard of living goes down. George Soros's puppets strike again.

December 17 2010 at 6:03 PM Report abuse +5 rate up rate down Reply
2 replies to Robert & Lisa's comment

everything is so simple for those like you. which is why we're all going to hell in th not so distant future. excepting of course your very wealthy friends; I assume you have these rich friends because you do all their bidding while they hang back in their tropical backgrounds. what a friend!

December 17 2010 at 10:00 PM Report abuse +1 rate up rate down Reply

You can't do that in a unionized society. You have to compensate both the producers and non producers equally or they will shut you down. That's one of the reasons the importers are eating our lunch.

December 19 2010 at 5:46 PM Report abuse rate up rate down Reply
Robert & Lisa

As long as the evil, ultra rich men like George Soros are running Obama and the Demoncrat thugs in power, poverty will increase and the ultra-rich will prosper. Dem's, why do you think the ultra-rich support the Demoncrats? For their own selfish interests or you?

December 17 2010 at 5:59 PM Report abuse +2 rate up rate down Reply

Why should anything change for the better? The tax policies from the past eight years helped get us where we are right now. American middle class workers are slowly being bled to death. Manufacturing jobs are gone and are not coming back.
Politicans from both sides of the aisle and greedy manufacturers are to blame.
Thev race to the bottom is the only race we will win.

December 17 2010 at 12:32 PM Report abuse +7 rate up rate down Reply

the US is a wussified country now and too many gays. just wait till we get hit by a nuke by one of the terrorists our muslim set free.

December 17 2010 at 12:15 PM Report abuse -3 rate up rate down Reply

Most Amercicans are correct.
Jobs are gone for good
This little blip of a recovery is because of gov't spending
A few billion here a few billion there and you got all the growth
in GDP if NOT MORE. In other words if you take out the Gov't deficit spending
we are still in NEGATIVE GROWTH But what the heck The COOL-AID tastes great.
Now lets add in the factor of a millions of Americans upside down in their homes
upside down on their Autos and HUGE shadow inventory of Bank Owned Homes and the
perverse fact that many cannot refiance at lower rates because if the value
of their home fell their equity is below 20% and you have a very very robust
Gas prices going up, interest rates going up, LOVE THAT COOL-AID
This country is going to implode
The top 1% own 25% and in a few years it's going to be 40%
Can't afford bread well then buy some cake and wash it down with some of that
good old fashioned COOL-AID
I get a kick out of all the Hate-Radio guys convincing the poor
that living on 40,000 a year is do able while they earn 100,000 a week
and Laugh their asses off behing closed doors.

December 17 2010 at 11:43 AM Report abuse +8 rate up rate down Reply