In 2007, Mood Just Beginning to Sour, Democrats Better Regarded

Dec 20, 2011

Four years ago, as voters were about to cast the first ballots in the 2008 election, the public’s mood was not very good, but still a lot better than it is today.

In late 2007, the economic recession was gaining strength and the public’s view of the economy had grown more negative. Only about a quarter (27%) were satisfied with national conditions, not much higher than the current measure of 17%.

In some ways, however, the economic picture looked much brighter. Roughly four-in-ten (41%) said jobs were plentiful in their local community, nearly three times the number from earlier this year (14%). The unemployment rate was 5%, an enviable figure in today’s climate.

Still, the public sensed that the economy was about to take a turn for the worse. In January 2008, 26% said, presciently as it turned out, that the economy would be worse in a year, compared with 20% who said the economy would be better. In a Pew Research Center survey released last week, more said the economy will be better than worse a year from today (28% vs. 18%).

Read the full analysis, In 2007, Mood Just Beginning to Sour, Democrats Better Regarded, on the Pew Research Center for the People & the Press Web site.

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