Majority rates economy 'good' for first time in 7 years, poll finds | CNN/ORC

A majority of the public rates the country's economy as "good" for the first time in seven years, according to a CNN/ORC poll released Tuesday.

The poll finds that 51 percent of adults rate the economy as either "somewhat good" or "very good," while 49 percent rate it as either "somewhat poor" or "very poor."


The last time that more than 50 percent rated the economy as "good" was in 2007, before the worst of the 2008 economic collapse and the long road to recovery.
The higher rating comes amid a string of good economic news. The Commerce Department announced on Tuesday that the economy grew at a 5 percent rate from July to August, the fastest pace in 11 years.

The economy added 321,000 jobs in November, surpassing expectations and giving 2014 the highest job growth since 1999.

President Obama is seeking to take credit for the improving economic picture.

"The steps that we took early on to rescue our economy and rebuild it on a new foundation helped make 2014 the strongest year for job growth since the 1990s," Obama said at his end-of-year press conference last Friday.

The CNN/ORC poll finds that the country's rating of the economy has recently climbed steeply. In the most recent previous poll, in October, 38 percent rated the economy as "good," 13 points lower than the new level.



In September 2011, only 10 percent of respondents said the economy was "good."



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http://thehill.com/blogs/blog-briefing-room/227980-poll-majority-says-economy-good-for-first-time-in-7-years

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"Thanks Obama". Truly.