Economics - AP-NORC

Negative views of the direction of the country and the national economy persist

Only 33% approve of how President Biden is handling the economy and 76% describe the national economy as poor.

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Few are following the debate closely, but most want Congress to increase the debt limit with deficit reduction conditions

Two-thirds of adults are concerned about the impact on the national economy if the debt limit is not increased and the government defaults on it loans, although only 20% are very familiar with the debate.

Younger generations are not confident that Social Security or Medicare will be there for them

Most adults oppose cutting entitlement benefits and support tax increases for the wealthiest Americans.

Many dissatisfied with the government’s spending priorities

Education, health care, Social Security, infrastructure, assistance to the poor, and Medicare top a long list of public policy issues that the public says the government is spending too little on.

For many, their personal finances are a source of major stress

Four in ten adults say their personal finances are a major source of stress, as household expenses go up and savings go down.

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