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:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Wall Street's Biggest Fear: Unknown Election Outcomes

Friday, 31 Oct 2014 19:41 PM

A handful of toss-up U.S. Senate races could hold the key to whether the stock market glides through the year-end in a t . . .

Kudlow: GOP Win Will Launch Return to JFK-Reagan Economic Model

Friday, 31 Oct 2014 18:52 PM

Let me optimistically argue that the slow-growth economy can be rescued and the fiscal and monetary mistakes can be reve . . .

Wall Street's Record Midterm Money Flows to Republicans

Friday, 31 Oct 2014 17:06 PM

Most of America isn't interested in next week's elections. Wall Street is an exception.The $169 million from donors in t . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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