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Title: Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC
Poll Finds

Link: https://news.slashdot.org/story/25/09/02/1642...

America is becoming a nation of economic pessimists. WSJ reports: A new Wall
Street Journal-NORC poll [PDF] finds that the share of people who say they
have a good chance of improving their standard of living fell to 25%, a
record low in surveys dating to 1987. More than three-quarters said they lack
confidence that life for the next generation will be better than their own,
the poll found. Nearly 70% of people said they believe the American dream --
that if you work hard, you will get ahead -- no longer holds true or never
did, the highest level in nearly 15 years of surveys. Republicans in the
survey were less pessimistic than Democrats, reflecting the longstanding
trend that the party holding the White House has a rosier view of the
economy. An index that combined six poll questions found that 55% of
Republicans, as well as 90% of Democrats, held a negative view of prospects
for themselves and their children. The discontent reaches across demographic
lines. By large majorities, both women and men held a pessimistic view in the
combined questions. So did both younger and older adults, those with and
without a college degree and respondents with more than $100,000 in household
income, as well as those with less.

Read more of this story at Slashdot.

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