A New Poll Shows Americans Don't Actually Understand Anything About The Deficit

[n2doc]

WALTER HICKEY

A new Business Insider-SurveyMonkey Audience poll has found that Americans know shockingly little about the budget, federal deficits, and major top-line economic indicators.

We asked about 500 respondents to write in an estimate of several different statistics, including the U.S. deficit.

This year the Congressional Budget Office expects it to be $642 billion, down from $1.087 trillion in 2012. That's the lowest it's been in five years.

Does America realize that?

Nope.





Read more: http://www.businessinsider.com/a-new-poll-shows-americans-dont-actually-understand-anything-about-the-deficit-2013-10

[The Magistrate]

1. Unfortunately True, Sir

Economic illiteracy is one of the chief underpinnings of our present economic and political system. If people generally new the score, they would not tolerate the thing for a minute....

[Fumesucker]

2. I ~nailed~ my AM-coffee neighbor on this a few weeks ago

He's fairly conservative but not a teabagger and thinks he's well informed, he got to ranting about the debt and deficit and I asked him if the deficit was going up or down, he was convinced it was going up.

Talking about the deficit now has assumed a much lower priority in our conversations, go figure.

[sinkingfeeling]

3. Wow. Goes along with their lack of math skills and reading ability and

reasoning skills and etc.