Americans Economic Outlook: Gloomy

Americans Economic Outlook: Gloomy

According to a Time Magazine article, a vast majority of Americans remain gloomy over the future of the nation’s economy.  Over 70% believe the country is on the wrong track while a large number, 43%, believe the unemployment rate will rise in the next year. 

This is hardly welcoming news for President Obama and his reelection campaign team.  “If [Republican Presidential hopeful Mitt] Romney and Obama were going head to head at this point in time I would probably move to Romney,” said Dale Bartholomew, a manufacturing equipment salesman from Marengo, Illinois.

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