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Poll: Economy, Deficit Top Americans' Worries

Service : Economy
TEHRAN, March 23 (ICANA) – There's a lot to be worried about these days but Americans are in near agreement about what the top two concerns should be.
Wednesday, March 23, 2011 2:10:22 PM
Poll: Economy, Deficit Top Americans' Worries

In a poll taken before the multi-disaster in Japan and the new military action in Libya, U.S. respondents told Gallup pollsters that the economy and the federal deficit rank the highest on their anxiety chart, far exceeding other worries.

About 70 percent of Americans say they fret about the economy "a great deal," while 22 percent admit being fairly concerned.

As for the budget shortfall that's expected to be around $1.5 trillion this year, almost two-thirds say they are greatly worried about it, while almost a quarter were fairly worried.

Unemployment, still a major problem in the U.S, is also a major worry, with 57 percent greatly anxious about the number of people still out of work.

These concerns cross party lines, with Republicans, Democrats and independent all ranking the economy, the deficit and unemployment as one, two and three on their list of things to be nervous about these days. ABC News Radio

Each year since 1969, Congress has spent more money than its income. federalbudget.com

The Obama administration estimates that the United States deficit will rise to 10.6 percent of gross domestic product in the current fiscal year, the highest since 1946. federalbudget.com

The Congressional Budget Office says the U.S. budget deficit will reach $1.6 trillion in 2011. federalbudget.com

In FY2010, the Treasury Department spent $414 billion of taxpayers' money on interest payments to the holders of the National Debt. Compare that to NASA at $19 billion, education at $93 billion, and Department of Transportation at $78 billion. federalbudget.com

The "Economic Stimulus" is shifting Americans from an economic crisis to a debt crisis. federalbudget.com

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