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U.S. Standard of Living Index Climbs to Highest in 7 Years; reached a new high of +50 in December 2014.

Posted in Uncategorized with tags , , , , , , , , , , , , , , , , , on January 9, 2015 by sheriffali

WASHINGTON, D.C. — Gallup’s Standard of Living Index reached a new high of +50 in December, the best score found in seven years of tracking the index. Americans’ improved perspective on their personal standard of living comes as they spend more money and begin to view the national economy positively.

 

The index has labored through a long recovery from its recession-era slump, with lows of +14 in both October and November of 2008, when the global economic crisis erupted. But the latest ratings exceed even pre-crisis levels in 2008, illustrating a remarkable turnaround in how Americans view their standard of living.

 

The year 2014 started off with better standard of living readings than practically all other monthly readings before, with a +41 in January and February. From March to November, it improved further, but remained in a narrow range of +44 to +47. The +50 rating for December brings the index to an unprecedented level in its seven-year trend.

 

Gallup’s Standard of Living Index is a composite of Americans’ responses to two questions: one asking whether they are satisfied with their current standard of living, and the other asking whether their standard of living is getting better or worse. The index has a theoretical maximum of 100 (if all respondents say they are satisfied with their standard of living and say it is getting better) and a theoretical minimum of -100 (if all respondents are dissatisfied with their standard of living and say it is getting worse). The current score of +50 indicates Americans are quite positive about their standard of living, but even at its lows in the fall of 2008, Americans evaluated their standard of living positively overall.

 

Both dimensions of the index have improved by roughly five points over the past year – however, since the nadir of these perceptions in 2008, people’s outlook for their standard of living going forward has improved much more than their current satisfaction with it.

 

Four in Five Americans Satisfied with Their Current Standard of Living

 

A consistent majority of Americans have expressed satisfaction with their standard of living over the past seven years, ranging from 69% in late 2008 to 81% today. However, after fluctuating in an even narrower seven-point range from 2009 through 2013, it rose from 76% at the end of 2013 to 81% at the end of 2014.

 

Twitter @sheriffali

 

http://www.gallup.com/poll/180449/standard-living-index-climbs-highest-years.aspx?

AMERICANS STANDARD OF LIVING DEC 2014

 

When it comes to President Obama, just who are the Pollsters Polling? CNN prior to the Mid-Term was told by their god “Money” that the world was ending with Ebola and ISIS. Fox News was told by their god “Benghazi” “Hate” and “Racism,” that the world was also ending. Since the end of the Mid-Term, Ebola, ISIS, Benghazi seemed to have vanished! Why?

Posted in Uncategorized with tags , , , , , , , , , , , , , , , , , , , , , , on December 23, 2014 by sheriffali

Honolulu (CNN) — Improving views of the economy have helped hike President Barack Obama’s approval rating to a 20-month high, a new CNN/ORC poll showed Tuesday, as markets climbed to record levels at news of an economy in overdrive.

 

 

More Americans still disapprove of the job Obama is doing as President. But at 48%, Obama’s approval rating is at its highest point in CNN polling since May 2013.

 

 

The gains were driven by newfound backing among women, independents and millennials — groups where Obama’s approval numbers jumped 10 percentage points from a month ago.

 

 

Meanwhile, Obama’s approval numbers ticked down among men, Republicans and Americans between 35 and 49 years old.

 

 

The approval jump follows a late-quarter jolt in Obama’s governing agenda, which gained momentum after unilateral actions on immigration and relations with Cuba. Separate surveys have showed those moves popular among the American people.

 

 

It all amounts to some welcome good news for Obama, whose unpopularity — despite consistently improving economic conditions — led to widespread losses for his party in November’s midterm elections.

 

 

Tuesday’s poll still reflected pervasive disaffection for Obama: 56% of respondents said the President has fallen short of their expectations, and 49% said his policies would take the country in the wrong direction.

 

 

The steady economic recovery has posed a conundrum for the White House, which wants some credit for decisions that helped pull the country from last decade’s recession. To the frustration of Obama and his aides, polls until recently showed Americans largely pessimistic about the country’s financial state, despite solid job growth and a bull market on Wall Street.

 

 

In public remarks — even those unrelated to the economy — Obama has touted the latest positive economic sign. But even as the unemployment rate dipped below 6%, a large portion of Americans were still gloomy about the economy.

 

 

That’s because of how people felt about their own economic standing, which for many still includes stagnant wages or jobs in low-paying service fields.

 

 

Twitter @sheriffali

 

BARACK OBAMA POLLING DEC 23 14