Economic Officials Foresee Another Crisis Within 10 Years
Highest ranking economic officials from both parties foresee another U.S. economic crisis within 10 years unless the country takes immediate action on structural deficit.
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Highest ranking economic officials from both parties foresee another U.S. economic crisis within 10 years unless the country takes immediate action on structural deficit.
NEW YORK — Americans maintain strongly negative attitudes about our nation’s fiscal challenges, according to the Peter G. Peterson Foundation’s latest Fiscal Confidence Index, a monthly measure of public attitudes about the nation’s long-term debt and the efforts elected leaders are making to address the problem.
NEW YORK — Americans continue to show high levels of concern about our nation's long-term debt, even as economic and near-term fiscal indicators show signs of improvement, according to the Peter G. Peterson Foundation’s latest Fiscal Confidence Index, a monthly measure of public attitudes about the nation’s long-term debt and the efforts elected leaders are making to address the debt.
FOR IMMEDIATE RELEASE
Contact: Sarah Stipicevic, Press Secretary
(212) 542-9265 sstipicevic@pgpf.org
The September 2013 Fiscal Confidence Index, Modeled after the Consumer Confidence Index, is 43 (100 is Neutral); Tenth Straight Month of Strongly Negative Public Sentiment
Peter G. Peterson Foundation Launches New "Fiscal Confidence Index" To Measure Public Opinion About America's National Debt
A newly released poll by the Peter G. Peterson Foundation shows that voters overwhelmingly support bipartisan action to reduce our national debt, and are willing to make personal sacrifices to help achieve that goal. These responses paint a stark contrast with the political gridlock and polarizing rhetoric that we have seen in Washington recently — and are likely to see during the 2012 election cycle.
Even party extremes want bipartisan progress: 93% of Liberal Democrats and 85% of Tea Party supporters strongly agree that both parties should work together to solve our long-term fiscal and economic problems.
67% of registered voters strongly agree that "I am willing to do my part to reduce the national debt, as long as other people also do their part."
NEW YORK — The Peter G. Peterson Foundation’s final Fiscal Confidence Index for 2013 shows that American voters hold deep concerns about the nation’s long-term fiscal health, continuing a consistent 12-month trend.