'There's a fair number of people in the nation who look at things like the record low unemployment rate' and other positive indicators and 'feel as if the boasting of those things is not consistent with their experience,' Mark Hamrick, senior economic analyst at Bankrate, told Newsweek.
last month found that 38 percent of Americans are focused on paying bills, and 19 percent were primarily concerned with paying off or paying down debt. While 29 percent were focused on saving money, more wealthy individuals indicated that this was their primary economic concern.
It also found a partisan divide, with 54 percent of Republicans saying their economic situation was better since Trump took office, while seven percent said it had worsened. Twenty-one percent of Democrats said their situation had improved, with 24 percent of Independents holding the same view. A majority of Republicans were also credited Trump for the expansion, while a plurality of Democrats credited former President Barack Obama.
"When we dig down into some of these issues, there is the fact that many Americans see things through a political prism these days given the fractious environment in which we live,"Traders and financial professionals work at the closing bell on the floor of the New York Stock Exchange on October 11.
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