The Great Unwind: Signs and Portents

Americans See More Money Coming Their Way – Rasmussen Reports™

More Americans than ever are optimistic that in one year’s time they will be earning more money.

A new Rasmussen Reports national telephone survey finds that 50% of Employed Adults believe they will be making more money a year from today. That’s up two points from June’s previous high of 48% and the highest finding in over five years of regular tracking.
Just eight percent (8%) expect to earn less next year. Thirty-five percent (35%) think they’ll be making about the same amount, the lowest finding since April 2009. (To see survey question wording, click here).

This sort of confidence is sometimes a sign of frothiness in the economy.  My guess is that if you run the same poll a year from now, you’ll see a far different result.

About Bill Quick

I am a small-l libertarian. My primary concern is to increase individual liberty as much as possible in the face of statist efforts to restrict it from both the right and the left. If I had to sum up my beliefs as concisely as possible, I would say, "Stay out of my wallet and my bedroom," "your liberty stops at my nose," and "don't tread on me." I will believe that things are taking a turn for the better in America when married gays are able to, and do, maintain large arsenals of automatic weapons, and tax collectors are, and do, not.

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