Tags: Gallup | Basic | Needs | Recession

Gallup Poll: Access to Basic Needs at Recessionary Level

Friday, 14 Oct 2011 08:18 AM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Access to basic necessities is hitting recessionary levels as healthcare, food and housing are getting tougher to come by these days, a Gallup poll finds.

"Fewer Americans had access to basic life necessities in September. The nation's Basic Access Index score fell to 81.4 last month — on par with the 81.5 measured in February and March 2009 amid the recession," Gallup reports.

"Fewer Americans now have a personal doctor and health insurance. And more Americans are having trouble paying for food and shelter."
__________________________________________________________

‘You Opened My Eyes to the Catastrophic Enormity of This Financial Debacle’
Debt ceiling ‘medicine will become the poison,’ according to famed economist. Brace for economic meltdown. Watch the Aftershock Survival Summit Now, See the Evidence.
___________________________________________________________

While the majority of Americans still are able to buy the basics, the trends shows it's getting harder for more and more to do so.

"Gallup's global research finds Americans are now struggling more than Chinese to afford food, a reversal from 2008. If the worries about a double-dip recession come to fruition, even more Americans may start having problems meeting their basic needs."

unclesamtax200gtty.jpg
(Getty Images photo)
 
More and more economists these days are describing a return to recession as a foregone conclusion.

"The U.S. economy is indeed tipping into a new recession. And there's nothing that policymakers can do to head it off," according to the Economic Cycle Research Institute, the AFP newswire reports.

"It's important to understand that recession doesn't mean a bad economy — we've had that for years now. It means an economy that keeps worsening, because it's locked into a vicious cycle. It means that the jobless rate, already above nine percent, will go much higher, and the federal budget deficit, already above a trillion dollars, will soar."

© 2014 Moneynews. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Feds Cap Fines for Not Buying Health Insurance

Thursday, 24 Jul 2014 21:59 PM

Federal officials have capped the amount of money scofflaws will be forced to pay if they don't buy insurance this year  . . .

Obama: Fed 'Properly Focused' on Unemployment

Thursday, 24 Jul 2014 18:15 PM

U.S. President Barack Obama said on Thursday the Federal Reserve was properly focused on unemployment given the relati . . .

Megan McArdle: Fed Policies Can't Help Lower Your Grocery Bill

Thursday, 24 Jul 2014 17:40 PM

The Fed is denying what’s happening in the food aisle. It just means that it's denying it has the power to do anything a . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved