Wednesday, June 17, 2015

American's Confidence in Anything Normal Starting to Waver as Negative Outlook on Banks, Government, Religion, Police, and Media at an All Time Low

""An explosive new Gallup poll shows Americans have lost confidence in almost every major institution – from the U.S. presidency, Congress and the Supreme Court to banks and organized religion.
“Americans’ confidence in most major U.S. institutions remains below the historical average for each one,” a Gallup spokesman said.
Only the military (72 percent) and small business (67 percent) have Americans’ increasing confidence, both of which are now rated 4 percentage points higher than their historical norms, according to the poll.
Congress – which plunged 16 points from its average of 24 points – is the lowest ranking institution at just 8 percent.
Just as numerous presidential candidates attempt to convince America that they have the answers to the nation’s problems, the poll shows only one-third, or 33 percent, of Americans have confidence in the presidency, a nosedive from the historical average of 43 percent.
Likewise, just 32 percent said they have confidence in the Supreme Court, which is down from an average of 44 just before the court announces its decisions on landmark issues such as same-sex marriage and Obamacare subsidies to states without insurance-exchange websites.

“Americans’ confidence in most major institutions has been down for many years as the nation has dealt with prolonged wars in Iraq and Afghanistan, a major recession and sluggish economic improvement, and partisan gridlock in Washington,” a Gallup spokesman said. “In fact, 2004 was the last year most institutions were at or above their historical average levels of confidence. Perhaps not coincidentally, 2004 was also the last year Americans’ satisfaction with the way things are going in the United States averaged better than 40 percent. Currently, 28 percent of Americans are satisfied with the state of the nation.”
In 2004, President George W. Bush was re-elected and the U.S. transferred sovereignty and control of Iraq back to the Iraqi people.
At the beginning of 2004, the U.S. economy was booming. Four middle-class tax cuts were extended, including a $1,000-per-couple child tax credit, expansion of the lowest (10 percent) tax bracket, exceptions for the alternative minimum tax, and relief from the “marriage penalty” for two-income families. Another $140 billion in tax relief was granted to U.S. business. Unemployment dropped from 5.7 percent to 5.4 percent.
Regarding the latest poll numbers, the Gallup spokesman added, “From a broad perspective, Americans’ confidence in all institutions over the last two years has been the lowest since Gallup began systematic updates of a larger set of institutions in 1993.”
In the last two years, Americans have seen President Obama begin his second term of office. Amid an explosion of legalized same-sex marriage in numerous U.S. states, the Supreme Court declared the Defense of Marriage Act unconstitutional.
Americans witnessed the debt-ceiling crisis in October 2013, which resulted in the shutdown of the federal government and furlough of federal workers.
By 2014, the Obama administration had announced its plan to shrink the military budget to $522 billion and slash the Army to a size unseen since before World War II. The nation also saw Americans impacted by a West African Ebola outbreak and revelations that the Veterans Administration had covered up exceedingly long wait times for veterans seeking medical attention.
The year 2014 also saw the rise of terrorist group ISIS and racial riots in Ferguson, Missouri, and St. Louis after the fatal police shooting of Michael Brown in August. By 2015, riots had broken out in Baltimore, Maryland, over the shooting of Freddie Gray.
According to the Gallup poll, 28 percent of Americans now have confidence in banks, compared to the historical average of 40 percent.
Twenty-one percent said they have confidence in big business, down from 24 percent.
Twenty-four percent have confidence in organized labor, down from 26 percent.
Twenty-four percent have confidence in newspapers, down from 32 percent.
Twenty-one percent have confidence in TV news, down from 30 percent.
Fifty-two percent have confidence in police, down from 57 percent.
Forty-two percent have confidence in organized religion, down from 55.""

Broader Dissatisfaction:

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