Poll Finds Divisive Politics Seen As Threat To U.S. Economy
The turbulent political environment is generating an increasing sense of unease
According to nearly half of Americans, the biggest threat to the U.S. economy over the next six months isn’t the Federal Reserve hiking interest rates or burgeoning student loan debt. It’s the fraught political climate in Washington, D.C.
A new study published by Bankrate.com found that 43 percent of Americans believe increasingly divisive politics -- poised to become even more so in January, when Democrats will officially take control of the House -- could rattle personal finances.
“With the U.S. economy seemingly on solid ground in the near-term, the turbulent political environment is generating an increasing sense of unease extending to personal finances,” said Mark Hamrick, senior economic analyst at Bankrate.com. “Resolution of the midterm elections doesn’t change that."
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