It appears the optimism that often accompanies the beginning of a new year has permeated the American consciousness -- at least when it comes to the economy. The majority of Americans believe the worst of the nation's economic woes are over, according to a national poll conducted by Marist College in Poughkeepsie, N.Y.

Fifty-four percent of Americans said the country has put the worst of the recession behind it, according to the poll, released Wednesday. Still, a sizable chunk -- 39% -- said they expect the worst is yet to come, while 7% were unsure. The poll has a margin of error of 3%.

The latest findings are a stark contrast to those Marist released just a month ago, when 53% thought more bad economic times were ahead, 39% thought the worst had passed and 8% were unsure.

Light at the End of the Tunnel

"Americans are beginning to see the light at the end of the economic tunnel," said Lee M. Miringoff, director of the Marist College Institute for Public Opinion, in a written statement. "But, they still think there's a long way to go."

Most Democrats (74%) and a majority (58%) of independents said the worst of the country's troubling economic times are over. But a slight majority of Republicans (52%) still see difficult times ahead, while 43% of GOP voters are positive about the country's economic future.

The poll also found that despite their views on the future of the U.S. economy, 71% of those polled believe the nation is still in recession. Of the remainder, 24% said they don't believe America is in recession and 5% were unsure. A month ago when Marist asked the same question, 79% thought the country was in a recession, 19% said it wasn't and 2% were unsure.

The Marist poll also showed good news for President Obama. Fewer Americans now disapprove of the president's approach to the economy compared to November, when Marist last asked the question. The latest findings show that 48% disapprove of Obama's handling of the economy, 44% approve, and 8% are unsure. In Marist's previous survey, a majority (55%) disapproved, 42% approved and 4% were unsure.

Not surprisingly, 60% of voters who believe the worst of the nation's economic woes are over approve of the president's handling of the economy, while 75% of those who think there is more bad news to come disapprove of Obama's performance.

The Marist poll, which surveyed more than 1,000 adults earlier this month, showed that most still don't blame Obama for the country's economic troubles. Sixty-three percent of registered voters said Obama inherited them from his predecessor, while 25% said they were a result of his own policies. Twelve percent were unsure.

When Marist last reported on this question in its Nov. 29 survey, similar proportions held these views: 65% thought the president inherited the nation's economic conditions, 28% attributed them to the president's policies and 8% percent were unsure.




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kevin

Not trying to be ultra-negative, but....the U.S. hasn't even started any austerity programs yet, the "true, unmanipulated" interest rates don't exist out there (yet) and our military (and overseas presence i.e. contractors etc) hasn't even been cut back yet. Sometimes you can forget you're falling until you hit the ground. We have such a long way to go.....and think about it.....we still have to deficit spend our asses off just to maintain our current situation!!

January 20 2011 at 11:43 AM Report abuse rate up rate down Reply
americandoo

"THINKING OUT OF THE BOX TO STIMULATE AMERICA'S HOUSING MARKET & ECONOMY"

"A VERY VIABLE IDEA & DOOABLE IDEA ! ! ! ! ! "


Why Not Kill 4 Birds With One Stone..

BANKS THAT OWN FORECLOSURES WOULD INSTALL NEW SOLAR SYSTEMS ON FORECLOSED HOMES NATION WIDE.

THESE SOLAR SYSTEMS HAVE TO BE MADE IN THE USA & BE INSTALLED BY AMERICAN'S WHO ARE UNEMPLOYED AND HAVE BEEN RETRAINED TO INSTALL SOLAR SYSTEMS AND THEY WOULD HAVE TO BE WORKING FOR; LICENSED SOLAR CONTRACTORS.

This Program would be offered to HOME OWNERS WHO LOST THEIR HOMES AND HAD GOOD OR EXCELLENT CREDIT BEFORE THEY LOST THEIR HOMES & ALSO FOR FIRST TIME BUYERS ONLY ! !


Independent Appraisers who have no interest in these foreclosed homes could place a value on these homes before the installation of these systems, this would insure that the banks could not pad the Price of the homes and other guidelines would have to be put in place, but this could work to help Stimulate the Economy, be Great for the Environment, Home Buyer's & Banks. "A WIN WIN FOR ALL"


1. This would give Investors and private individuals an extra incentive to buy
these homes thus stimulating the housing economy instantly.

2. This would put more Americans Back to work manufacturing more solar systems.

3. This would cut down on Pollution.

4. This would save money for the owners buying these homes on utilities.

Due to the initial expense of solar systems part of the cost would be added to the home loan, part would be paid by the bank and the government would give the

bank and the homeowner a tax break or whatever details that would be needed to work this out for everyone ! ! THINK POSITIVE THINK AMERICANDOO ! !

This IDEA could be duplicated World Wide putting AMERICA BACK ON THE FAST TRACK.. LEADING THE WAY AGAIN IN NEW INNOVATIVE IDEAS TO STIMULATE THE ECONOMY, PUT UNEMPLOYED TO WORK & HELP OUR ENVIRONMENT AT THE SAME TIME ! ! WINNER WINNER CHICKEN DINNER ! !


Thank You Respectfully, Michael V Caldwell, Always Striving To Be Part Of The Solution Using Respect, Common Sense & Ameri-Can Do Attitude ! !

January 20 2011 at 11:09 AM Report abuse rate up rate down Reply
scottee

what poll would that be???? we still have a trillion dollar national debt and our dollar is based on NOTHING.

January 20 2011 at 9:11 AM Report abuse rate up rate down Reply
Samir semaan

While the economy is improving for the last quarter americans are upbeat regarding the new data and the housing market is looking for the end of forclosures so they can build new homes or remodel the old ones and that what market giant Warren Buffett said is the american consumers will drive the force of this economy and this is the beginning.The administration has to lower the deficit by half of last year even if it is painful and drastic change of the past, it is not the time to spend more money you don't have so it is the wisdom not to go for big things till you get the deficit under control.

January 19 2011 at 9:33 PM Report abuse rate up rate down Reply
Ted Plemon

Well that is some what of a relief; But look out folks the bottom is weak and foreboding.
Stupid teenagers having, no education and having babies. Grat for our wefare system.. leaves to wonderful of them born of stupid parents. breeds stupidity. Does any one know why the price of a barrel of oil keeps going up..and up. Why don't we drill more on the eastern side of the rockies for OUR OIL.
If Russia and China, lack confidence in the USA Dollar. then what. OUR presitiage and Finanical system collapes. What of the young with babies.
Buy more guns and ammo, keep you powder dry.

canyonbear91351@yahoo.com or TED Plemon

January 19 2011 at 8:50 PM Report abuse rate up rate down Reply
chris1011

HCR has been repealed - woo woo woo! better put on your hard hats 'cause now jobs shall rain down from heaven. So... where can I sign up for Boehner care?

January 19 2011 at 8:46 PM Report abuse +1 rate up rate down Reply
1 reply to chris1011's comment
scottee

how about the Physicians for a National Health Program....HR676...look it up...sounds like a good alternative to me.

January 20 2011 at 9:12 AM Report abuse rate up rate down Reply
AreDubya

who was the people being interviewed? that's right wall street investment firms and big oil CEO's and of course AOL also who helps spread the bullshit lies about everything. i said it once before its just a matter of time cause the country can not afford to pay 3 a gallon for gas and once it gets to 3.50 per gallon people are gong to cut back and not spend. i already started when it got to 2.50 a gallon im not giving my money away period and if you really want to see the economy take off reg. $ 1.80 med grade 1.90 high test 2.00 a gallon everybody WINS and everybody will have a JOB. more money in my pocket to spend which hepls the econmy period.

January 19 2011 at 7:11 PM Report abuse +1 rate up rate down Reply
1 reply to AreDubya's comment
Ted Plemon

YOUR correct Dubya: Did you see the senate interviewing the CEO's of the OIL Companys.. they were, like try to tell US what to do...They don;t care. But they have familes also and they some day will see what has happened.

I totally agree get t he prices down, so every one can afford to go to work,,,Like Agentina or Brazil .10 cents a gallon.

TED Plemon

January 19 2011 at 9:04 PM Report abuse rate up rate down Reply
darkhrse4011

The must have conducted this poll in West Palm beach or Beverly Hills , what an absolute joke!

January 19 2011 at 6:28 PM Report abuse +3 rate up rate down Reply
stonehw

We need an energy policy. We need to reduce imported oil outside of North America by 2 million barrels per day.At the current price of 90 per barrel that would save americans 180 million dollars per day. i feel that we coud do this in 3 easy steps.
1. the federal goverment uses the most energy, So the first to go would be transportation. all federal, state, county, and local transportation should convert to cng. This would jump start an american industry, help the auto industry without giving a handout and make the process a lot cheaper for the rest of America.
2. convert all goverment buildings to a geo thermal heating and cooling system. place solar panels to reduce electric use across america.
3. Finally put a 10 dollar import fee on all oil imported from outside North America. use 50% of the fee to pay for goverment, reducing taxes by that amount, 25% would be used to reduce the national debt. and the final 25% used as a rebate check in December for all Americans that filed and income tax return.

January 19 2011 at 6:15 PM Report abuse rate up rate down Reply
swampangel51

Polls are a joke, the economy sucks and everybody knows it, but the liberals try to say the opposite!

January 19 2011 at 4:58 PM Report abuse +9 rate up rate down Reply
1 reply to swampangel51's comment
scottee

yep...we need smaller government, fewer taxes and free markets. both parties in Washington are the problem...not the solution.

January 20 2011 at 9:13 AM Report abuse rate up rate down Reply