American Satisfaction Reaches 10-Month High–Gallup

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By Douglas A. McIntyre Published
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Americans are more satisfied with their lives than they have been since last summer, a new Gallup poll shows. The news is not all good. Satisfaction rates are still low compared to historic numbers. It may be that the improvement in unemployment has helped fuel the improvement, or the renewal of tax cuts, or news in the media that the economy has improve. However, a number of national polls show that many Americans believe that the latest recession never ended. That must be particularly true for the unemployed, the under-employed and people who have not gotten raises for years.

Gallup reports,

Twenty-six percent of Americans are now satisfied with the way things are going in the country, up from 22% in February and 18% in January. Satisfaction has not been this high since last May when it previously hit 26% — buoyed by the death of Osama bin Laden — and before that, April 2010 when it was 27%.

And

The recent increase in Americans’ satisfaction with the country mirrors improvement in public confidence in the economy, with the Gallup Economic Confidence Index rising from -25 in late February and early March to -18 last week. Likewise, President Barack Obama’s overall job approval rating has moved into the high 40s in recent Gallup Daily tracking.

It is not a shock that the poll shows a concern about rising gas prices, which by themselves could turn the Gallup numbers back downward

Methodology: Results for this Gallup poll are based on telephone interviews conducted March 8-11, 2012, with a random sample of 1,024 adults, aged 18 and older, living in all 50 U.S. states and the District of Columbia.

 

 

 

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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