WASHINGTON, D.C. -- Recent polling by Scott Rasmussen has indicated that a majority of voters believe that cutting government spending is good for the economy, while a far lesser minority believe it would benefit the economy. A majority of voters also believe that cutting government spending leads to less inflation. A minority of Americans are also confident that they will have enough money to last throughout their retirement years.
WASHINGTON, D.C. -- A national survey conducted by Scott Rasmussen from June 7-8 reveals key insights from voters about their perceptions of the economy, how they have been impacted by inflation, and their financial literacy levels.
The economic news for the Biden administration keeps going from bad to worse. It’s now a growing possibility voters will head into the midterms with the economy in or near a recession.
As concerns about rising inflation are compounded by painful stock and bond market downturns, expect anxiety about savings, investments, and a stable financial future to increase.
In 1935, Ernest Hemingway authored "Notes on the Next War," an article gleaned from his life's experiences. The piece expresses his contempt for the horrors of war and contains unusually prescient observations which are even appropriate to today.
A few years ago, the Federal Reserve estimated that one in four American families did not have enough savings to take care of an unexpected $400 expense.
Three decades of ups and downs in the financial industry can certainly teach important lessons about keeping a cool head when facing chaos and being able to, sooner rather than later, recognize the ominous signs of a bad investment.