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Jobs, Debt, and Economic Decline Worry Americans Most

In a poll released yesterday, Gallup said, “Americans name jobs, the national debt, continuing economic decline, outsourcing, and politicians' bickering -- including President Obama and Congress -- when asked to say what worries them most about the national economy at this time.”

The Gallup organization said that “economic concerns remain the dominant response when Americans are asked to name the most important problem facing the country. Gallup included this open-ended question in its Jan. 5-8 survey to find out more about the underlying nature of Americans' economic concerns as this election year begins.” The top five responses were:

  1. Jobs/unemployment -- 26%
  2. National debt/federal budget deficit -- 16%
  3. Continuing economic decline/economic instability -- 10%
  4. Outsourcing of jobs overseas/Create jobs here in U.S. -- 6%
  5. Obama not doing a good job/No plan/Lack of leadership -- 5%

Both Republicans and Democrats worry almost equally about jobs. According to Gallup, “Republicans and Democrats worry most about jobs. But Republicans, including Republican-leaning independents, are significantly more likely than Democrats and Democratic-leaning independents to say that the deficit worries them most. Republicans are also more likely to say that Obama's handling of the economy worries them.”

Gallup also provides the top five economic worries by annual household income. In addition, the “divide between rich and poor” ranked 18th, a concern of only two percent of those who responded. Among  several implications, Gallup wrote:

“Obama's focus on inequality and the lack of a fair chance in today's economy for middle- and low-class Americans does not reflect Americans' top economic concerns, at least as measured by Gallup's open-ended question. But, a small percentage of Americans mention the unhealthy power of big business or corporations or the rich.”

Take a few moments to read the entire Gallup survey.

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