That’s not really news. is it?
Still, that’s what the AP-GfK Poll indicates. I suppose other people will put a different spin on it, but…
- Nearly half of lower-income Americans describe their own household financial situation as “poor”, compared to just 17% of other Americans.
- Moreover, only 21% with lower income agree the economy improved over the past month, compared to 38% of Americans reporting at least $50,000 in annual household incomes.
- Lower income Americans are also less optimistic that unemployment will ease in the next 12 months – only 26% versus 43% of other Americans.