7 out of 10 people think they’ll be better off financially next year

Gallup did see some differences depending on political affiliation.

Democrats were more likely, at 37 percent, to say they were worse off financially this year. In comparison, 32 percent of them said they were better off.

“But this is less pessimistic than we’ve seen the opposing party in prior years when economic conditions were poor,” Saad said.

Republicans were more optimistic, with 68 percent saying they feel better off. Only 10 percent of Republicans said they were worse off financially this year.

“The same factors cited above — low unemployment, reasonable economic growth, moderate gas prices, an improving stock market — would explain this for both parties,” Saad said. “The major economic cues are telling Americans that the economy is fairly healthy, or at least not facing imminent problems.”

More from Personal Finance
A new proposal would snatch your student loan bills from your paycheck
Do these 5 things to get the raise you think you deserve
How to save thousands with credits and deductions on your 2018 tax return

Be the first to comment

Leave a Reply

Your email address will not be published.


*