I Can't Get No Satisfaction

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Published : August 13th, 2013
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( 5 votes, 3.8/5 ) , 2 commentaries
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Category : Opinions and Analysis

Following several months of 30% readings (not that 30% is anything to brag about), U.S. Satisfaction Sinks to 22% in August

U.S. satisfaction suffered a setback this month, after a two-month upswing. Twenty-two percent of Americans say they are satisfied with the direction of the country, down from 28% in July and 27% in June. Three-quarters of Americans are now dissatisfied with the nation's course, up from 68% in July.

In general, are you satisfied with the way things are going in the Unites States at this time?



Given the decline, America's mood is now on par with the lowest readings seen since early 2012, including March of this year, when 21% were satisfied.



Democrats maintain higher satisfaction than either political independents or Republicans, a pattern seen throughout President Barack Obama's White House tenure. Nevertheless, their satisfaction fell seven percentage points this month (from 44% to 37%), consistent with the six-point drop among Republicans (from 14% to 8%), and slightly greater than the four-point drop among independents (from 25% to 21%).
Gallup expressed the opinion the drop in satisfaction levels was political rather that economic. I suggest otherwise, but it's hard to say given the up and down fluctuation this year.

Regardless, it's time for a musical tribute.



Link if video does not play: Rolling Stones: "Satisfaction!"

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
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"Democrats maintain higher satisfaction than either political independents or Republicans, a pattern seen throughout President Barack Obama's White House tenure."

Given that democrats have poured billions into social and welfare programs, paying out to the riff raff who would rather spend time cruising Walmart in Leopard tights and a beige nighty than being a productive human being (tip of the hat to those who really deserve welfare and wish they could be productive) I'm sure these recipients are ecstatic with the democrats. Ad Obamacare to this over whelming amount of money being lavished upon those that don't deserve it and a Phd isn't required to understand why the democrats are popular. They have created for themselves a huge base of predictable voters that will keep bringing them back in, no matter what the cost.
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Right. The tipping point was the last election: no matter what Obama had done, even the Benghazi betrayal, he wasn't going to lose the election. If the Democratic immigration bill passes it will give then millions more voters (dependents) and control of the House next year.

The Republicans? As my good buddy Kuntsler would say "forgitaboutit." They not only fear voter retribution for the next 50 years but, secretly, would like to entice 'those that live off other people's money' into their own camp. Rand Paul is one of the prominent few who see the danger and isn't afraid to speak out.
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Right. The tipping point was the last election: no matter what Obama had done, even the Benghazi betrayal, he wasn't going to lose the election. If the Democratic immigration bill passes it will give then millions more voters (dependents) and control of  Read more
Jim C. - 8/13/2013 at 10:32 PM GMT
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