The Guardian - Twice as many Americans believe their financial security is getting worse than better, according to an exclusive new poll conducted for the Guardian, and they are increasingly blaming the White House.
The poll, conducted by Harris, will be a further blow to Donald Trump’s efforts to fight off criticism of his handling of the economy and contains some worrying findings for the president.
Nearly half (45%) of Americans said their financial security is getting worse compared to 20% who said it’s getting better.
57% of Americans said the US economy is undergoing a recession, up 11% from a similar poll that was conducted in February.
The US is not experiencing a recession, which is typically defined as two quarters of negative growth. And last week, the US posted far stronger than expected economic growth figures for the summer months.
But the pessimism underscores an economically tumultuous year. Americans have reported feeling shaken by Trump’s tariffs, mass government layoffs and a crackdown on immigration. The Conference Board’s measure of consumer confidence has dropped for five consecutive months.
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