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For many Americans, it is getting harder to afford some of life's most basic necessities. As was the case earlier this year, majorities now say it is difficult to afford gasoline (68%), retirement savings (59%), and taxes (52%). In addition, nearly half of the public says it is difficult to afford home heating and electric bills (49%) and health care costs (46%). While most Americans still say it is easy to afford food, the percentage saying this is difficult for them has risen dramatically since February. Currently 38% say it is difficult to afford food, up from 27% in February. |
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A solid majority of Americans (56%) now rate their personal financial situations as only fair or poor, compared with 42% who say they are in excellent or good shape financially. In January, as many people rated their finances positively as viewed them negatively (49% each). |
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The 2008 U.S. Economy - The public continues to be extremely downbeat about the national economy. Just 10% say the economy is in good shape, while 72% say the economy is either in a recession (54%) or a depression (18%). On a personal level, concerns about rising prices have surged. Beyond widespread anxiety about energy costs, a growing number of Americans say it is difficult for them to afford food. |
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There are 4 types of American middle class; Each is different from the others in its attitudes, outlook and financial circumstance sometimes in ways that defy traditional stereotypes of the middle class, according to an analysis of a recent national survey conducted by the Pew Research Center Social and Demographic Trends Project. |
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