Most Americans aren't too happy with how things have gone since the Obama Administration took power, according to a recent Bloomberg poll. The survey found that two-thirds of those questioned think the country is headed in the wrong direction and just over half think their personal situation has deteriorated.

This doesn't surprise us too much. With unemployment continuing to hover close to 10%, it's hard to feel too rosy about the economy. We doubt all of this is the Obama Administration's fault, but we can leave that up to the droves of political commentators out there to figure out.

Interestingly enough, the poll ties holiday sales to Americans' overall economic situation under Obama. It found that 46% of those surveyed plan to spend less this holiday season than last year. Only 12% are spending more.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.