An extensive study conducted by Gallup offers a not-so-subtle clue as to why the U.S. economy is in dire straits: The people running the show are the only ones in the entire Nation who believe government’s economic policies are making things better.
Gallup surveyed 86,492 people spread throughout all 50 States and Washington, D.C., asking two questions:
- Is the economy getting better or worse?
- Are current economic conditions “excellent,” “good,” “only fair,” or “poor.”
In all 50 States the economic confidence index gleaned from the answers to the two questions was negative. In Washington, D.C., however, it was positive: 70 percent of respondents reported that the economy was getting better.
By contrast, people in nearby West Virginia had the worst opinion of the U.S. economy. In that State, 68 percent believe the economy is getting worse.