Only 10% of the U.S population believes the economy is good

WASHINGTON, Sept. 30 (UPI) — Nine out of 10 U.S. residents describe economic conditions as poor and just over half blame Republicans, a CNN poll released Friday indicated.

The number of people who say the economy is in the doghouse has grown since a similar poll in June,  CNN reported. Three months ago, 81 percent described the economy as poor.

The poll conducted by ORC International for CNN found 52 percent blaming President George W. Bush’s administration, while 32 percent say President Obama and the Democratic Party are to blame.

ORC also asked respondents about Ben Bernanke, who was appointed chairman of the Federal Reserve by Bush and reappointed by Obama, and billionaire Warren Buffett, who has become an advocate for higher taxes for the rich.

Only 42 percent said they knew enough about Bernanke to have an opinion, and only 25 percent view him favorably. Bernanke and the Fed have been attacked recently by many Republican presidential candidates.

Buffett has more fans with 43 percent saying they view him favorably, 33 percent with no opinion and 24 percent who do not like him. Both Bernanke and Buffett are more popular with Democrats than Republicans.

ORC interviewed 1,010 adults by telephone Sept. 23-25. The margin of error is 3 percentage points.

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