Does this [Emphasis is mine throughout]
Twenty-six percent (26%) of American voters say the nation is moving in the right direction, while 66% say it is heading down the wrong track, according to the latest Rasmussen Reports national telephone survey.
The number of voters who think America is moving in the right direction is down slightly from last week’s high of 29%, but it marks the third straight week in which over a quarter of voters share that opinion despite increasing bad economic news.
The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, fell to a new record low for the second straight day on Thursday. Just two days after Treasury Secretary Tim Geithner’s presentation of the White House financial rescue plan, the Consumer Index fell to 56.2, surpassing the all-time low set the day before. During 2008, record lows for consumer confidence were recorded on a regular basis. Consumer confidence is down two points from a week ago and one point from a month ago.
Rasmussen pegs the low to Geithner’s presentation of the rescue plan, but couldn’t it simply be the downturn/recession/depression that’s making folks nervous and causing low approval ratings?
I suppose we won’t know until we start to pull out of this mess.