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"Young People And Minorities Are Brimming With Optimism — Republicans Are Totally Miserable"
Young People And Minorities Are Brimming With Optimism — Republicans Are Totally Miserableby Walter Hickey at Business Insider
http://www.businessinsider.com/poll-young-people-and-minorities-are-optimistic-republicans-are-totally-miserable-2013-2
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A new poll from Gallup investigating how people perceive their standard of living found that, in recent years, young people and minority groups have never been as optimistic as they are today.
In 2013, 61 percent of Democrats say that their standard of living is improving. Only 39 percent of Republicans agree, and a larger number — 41 percent — believe it is getting worse.
In fact, groups that typically lean Democratic are much more optimistic than their Republican counterparts.
A whopping 80 percent of 18 to 29 year olds believe that their standard of living is getting better and merely 12 percent believe it is getting worse. Racial and ethnic minorities also see their own situation improving as well — 68 to 71 percent of Hispanics, Asians and Blacks agree their situation is getting better
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5 replies
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= new reply since forum marked as read
Most people I know (since I'm older) have less money but feel more sure about it and are happier with the way things are going, even though there's no time to rest. I have always wanted to see the day when everyone in this country participate and their lives improve. I lived long enough to see my dream come true. No perfection, just good.
Racial and ethnic minorities are also much more optimistic about their standard of living than are whites. About seven in 10 non-Hispanic blacks, Hispanics, and Asians say their standard of living is getting better. Non-Hispanic whites, by contrast, are more split on their future prospects -- 45% believe their living standards are getting better, while 35% believe things are getting worse.
Implications
Americans are as likely now as at any time in the last five years to believe their standard of living is getting better, a positive sign that overall faith in the economy is improving. If Americans are right and their living standards are indeed on the upswing, then it is possible that consumer spending may soon follow, thereby expanding economic output.
The full study is here.
