A Rasmussen Reports national telephone survey shows that 67% of Political Class voters believe the United States is generally heading in the right direction. (Source)
However, things look a lot different to Mainstream Americans. Among these voters, 84% say the country has gotten off on the wrong track. (Source)
With a gap that wide, it’s not surprising that 68% of voters believe the Political Class doesn’t care what most Americans think. (Source)
Some “report card” statistics about the U.S. economy (Source):
- According to a new survey, 28% of U.S. households have at least one member that is looking for a full-time job.
- There are 9.2 million Americans that are unemployed but that are not receiving an unemployment insurance check. [That’s 5.9% of the entire 155 M US work force–who are no longer counted as “unemployed” according to US Govt statistics.]
According to a poll taken in 2009, 61 percent of Americans “always or usually” live paycheck to paycheck. That was up significantly from 49 percent in 2008 and 43 percent in 2007.
- The FDIC’s deposit insurance fund now has negative 20.7 billion dollars in it, which represents a slight improvement from the end of 2009.
- For the first time in U.S. history, more than 40 million Americans are on food stamps, and the U.S. Department of Agriculture projects that number will go up to 43 million Americans in 2011.
Meanwhile, looking a little beyond the immediate situation:
- Robert Novy-Marx of the University of Chicago and Joshua D. Rauh of Northwestern’s Kellogg School of Management recently calculated the combined pension liability for all 50 U.S. states. What they found was that the 50 states are collectively facing $5.17 trillion in pension obligations, but they only have $1.94 trillion set aside in state pension funds. That is a difference of 3.2 trillion dollars. (Source)