Optimism on Economy Drops

August 10, 2012

Optimism on Economy Drops

A new CNN/Opinion Research poll finds optimism about how things are going in the country now at 36% -- down seven points from April -- with 63% saying things are going poorly.

In addition, the number of people who say that the economy is starting to recover has dropped five points since April, from 24% to 19%, while the number who say that the economy is still in a downturn is up six points to 39%.

However, the Washington Post reports "a flurry of fresh data suggest key sectors of the economy might be gaining traction, just as the battle for the White House enters the final round."

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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-- Arianna Huffington, founder of The Huffington Post

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-- Glenn Reynolds, founder of Instapundit

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August 10, 2012