While most Americans continue to believe the economy is in rough shape, Democrats are far more likely than Republicans or independents to believe things will improve significantly in 2010, according University of Iowa Hawkeye Poll results released Tuesday.
Seventy percent of Democrats believe the economy will be good or very good in a year, compared to only 45 percent of independents and 33 percent of Republicans. Not surprisingly, respondents with a rosier view of the current economy are more satisfied with how President Barack Obama is handling his job. Eighty-one percent of those who think the economy will be very good in a year approve of Obama, and 88 percent of those who believe it will be doing very poorly disapprove of him.
All told, 51 percent of those polled think the economy will remain in poor condition next year, while 49 percent expect it to turn around.
“Americans are cautiously optimistic about the future of the economy,” said Nathan Darus, a doctoral candidate in political science and member of the UI Hawkeye Poll team. “Although only 49 percent think the economy will be good or very good, 57 percent expect slight improvement over the next year.”
The random, national phone survey of 772 adults had an overall margin of error of plus or minus 3.5 percent.