POLL: American Pessimism About Past, Future Rises To Historic Levels

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Americans are overwhelmingly pessimistic about their own future and about the fate of their country, according to a new Time/Penn Shoen Berland poll presented at this week’s Aspen Ideas Festival.60-eight per cent of Americans think the last decade showed a marked decline in American life. Most applicants do not expect things to improve in the near future.

Largely due to the election of Barack Obama, minorities are an exception to this overwhelmingly pessimistic trend.

Whites tend to view the last decade as one of the worst of the last century. African-Americans and Hispanics are more likely than others to say that the quality of life in America has improved.

African-Americans mostly like to say decade has shown progress

Republicans and elderly most likely to say it has been a decade of decline

Biggest decade trends are economic

Bad economy and too much debt hurts American position in the world

Obama still has some currency

The rich get richer

Whites especially unhappy

Minorities see improved quality of life

Democrats tend to think the future looks good

African-Americans consistently more optimistic

Only youth say there's a bright future ahead

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