With supply chain issues and inflation impacting daily life, a new poll has found that Americans have grown extremely pessimistic about the United States economy.
The poll, conducted by the Wall Street Journal and NORC, found that Americans currently have the highest level of economic dissatisfaction seen in years.
Almost 83% of respondents described the current economy as poor or not so good, and 35% reported that they are not satisfied with their current financial situation.
When it comes to how Americans view their future, only 27% think they have a good chance of improving their standard of living, which NORC reported was 20 points lower from last year, as 46% said they don’t.
On top of that, 38% of respondents shared that their financial situation had gotten worse in the past few years, the first time since 2007-09 that more than 10% of respondents felt they were worse off financially.
When it comes to the American dream and how respondents felt about achieving their goals, 60% felt pessimistic about it.
Even with unemployment at a 50-year low, sitting at 3.6%, many Americans still feel that high inflation leaves nothing to be proud of.
The poll also asked how Americans felt about national unity and partisanship, to which 86% said they felt the nation was greatly divided on essential values, with another half saying they expect the division to worsen by 2027.
The Journal and NORC poll was conducted from May 9 to May 17, with 1,071 adults participating. It has a margin of error of plus or minus four percentage points.
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