Friday, 04 Apr, 2008 Politics

80 Percent of Americans Think US is on the Wrong Track

The US survey revealed that 80 percent of Americans think that their country is moving in the wrong direction.

The poll conducted by The CBS News-New York Times showed that most Americans are dissatisfied with the situation in the country, which became worse and "things have pretty seriously gotten off on the wrong track." That was the highest percentage since the beginning of the 1990s.

People of different ages, with different political views and educational level, men and women agree that United States is headed in the wrong direction. Almost 78 percent of respondents agreed that the situation is worse than 5 years ago.

The results of the survey showed that two in three Americans agree that economy is in recession and only 21 percent believed that economic condition is good enough.

However, the rating of President George W. Bush did not change much with 28 Americans approving his job.

According to the findings, people think that government officials are responsible for housing crisis even more than banks, home buyers or other borrowers. Americans also think that financial institutions should not be rendered assistance in mortgage crisis. Most respondents explained that they wouldn't want the government to help banks even in case it could slow down temporary depression in economy.

As much as 53 percent of people said that government should take some measures to help those whose interest rates were rising.

The survey included 1,368 US respondents and was conducted from March 28 to April 2.

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