Shocking Poll Results: Half of Americans Reveal Financial Misery
Jose Nino
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Per a Gallup poll released on February 8, 2023, half of Americans indicated that their personal financial situation has deteriorated over the last year. This is the highest number since the Great Recession in 2008 and 2009
35% of Americans signaled that they’re financially better off than they were over the last year. According to Gallup’s findings, the percentage of respondents who signaled they are “better off” during times of economic turmoil is lower than it is this 2023, comparing it to the end of the 1970s and early 1980s, the early 1990s, and 2008 through 2012 as several examples.
In those periods, more respondents indicated that their finances were “the same” as the prior year. For comparison, only 14% of respondents gave that same answer. 61% of Americans of the lower class told Gallup that their financial situation has deteriorated in the last year.
As for the political affiliations of the people who said their personal finances worsened, 61% were Republicans and 37% were Democrats. By contrast, 70% of Democrats and 60% of independents believe their financial situation will be better this time in 2024. By contrast, only 49% of Republicans expressed similar sentiments.
Democrats are generally optimistic since most of their constituencies are tied to the managerial state and woke mega-corporations that extract tremendous amounts of economic benefits. However, working class people, who tend to hold right-wing populist views, are generally shut out from these economic benefits. So they’re naturally going to be shut out from the benefits of the woke, digitized economy.
Such divisions will only magnify as wokism grows stronger throughout the US.
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