Chart of the Day: The Economy Still Sucks
Here's the latest from Greenberg Quinlan Rosner. It shows the number of people who have experienced various kinds of economic distress over the past year. In their latest poll, 44% have seen reduced wages, 41% have lost their job, 28% have lost their health insurance, and 22% have fallen behind on their mortgages. Every single one of these numbers is up since the beginning of the year.
And the political result? About what you'd expect: a year ago people trusted Democrats over Republicans by 14 points to manage the economy and by 9 points to manage the deficit. Today they trust Republicans by 13 points and 18 points respectively. I'm still willing to go out on a limb and say that Democrats will retain control of the House in November, but polls like this don't do anything for my confidence.