Rasmussen: For the past two years, optimism about the overall economy has been higher than optimism about personal finances. Prior to March 2009, however, the reverse was true. Currently, just 24% believe their own personal finances are getting better while 31% believe that the U.S. economy was improving.
So why is that? Why would personal finances improve why the economy arround us is crumbling? Hummm, let’s think about that. Could it be because people are spending less (in turn paying off credit)? Yet note that is only 24%, figure the rest are hoping they still have a job tomorrow.
The Rasmussen Consumer Index reached its highest level ever at 127.0 on January 6, 2004. The all-time low was reached on March 10, 2009 at 54.7.
The Rasmussen Investor Index reached its highest level ever at 150.9 on January 7, 2004. The lowest level ever measured was 52.5 on March 9, 2009.
The baseline for the Rasmussen Consumer Index was established at 100.0 in October 2001. At 82.4, overall levels of economic confidence are significantly lower today than they were in the aftermath of the 9-11 terrorist attacks.
Notice the highest Consumer & Investor Index was in 2004, the lowest was just 2 months after Obama entered office.
Another interesting item.. Obama’s approval has plummeted again. Do you think this is due to the events in Wisconsin?
Rasmussen Reports: Presidential Approval Index rating of -20. That’s the lowest level of Strong Approval yet recorded for President Obama and the lowest Approval Index rating since November.