Talk Around the Globe: Economic anxiety

Title: Talk Around the Globe: Economic anxiety

Published: Mon, 19 Oct 2009

Description: (NECN: Boston, Mass.) - A new poll finds many people in Massachusetts feel the economic recovery has begun, but they think it will be slow and long. Click here to read more from the Globe. Rob Gavin of The Boston Globe joins NECN from the Gl...

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Automatically Generated Transcript (may not be 100% accurate)

" Around the globe on CNN. -- talk around the globe anxiety over the economy a new poll finds many people in Massachusetts field economic recovery has begun. But they think it'll be slow and long. Rob Gavin joins me now from the globe newsroom to talk about this new Suffolk University Boston Globe poll rob welcome. Hi -- the other -- it interesting told -- was asking similar questions back in March when the situation was more dire and and as it was interesting to note that people felt more encouraged back that life."

" Think it was sort of you who -- it -- to the first turn glimmers of light the first idea that. That's the worst was over and people sort of world. Sort of grab onto that and were hopeful or hoping for a quick recovery and I think as the months have gone on we've seen that. It's gonna take a while to sort of work your way out of this. So despite the massive government spending with the stimulus package a lot of people still think this recovery is quite fragile. Yes they do I think what we're seeing here that doesn't recovery has started but people. Don't let -- it how affecting them they don't know and mostly for the job market we're not seeing. I doubt pickup could still concerned about their jobs just in the unemployment rate go higher and so I think that is sort of slowing us down found. What did the polls show us about their families who wins this anxiety about their jobs and other matters cutting down on their spending. Then I think there's really interesting -- that. People actually saying that they're spending -- What you were saying they're spending less now than they were in. In March and again it's this sense of vulnerability this sense that maybe they could be next if that's how would you like countries that to me you know. Anybody you know you never know when you're down -- gonna go you never know in the bottom you can come out to people. Again they here -- this recovery out there but they but they haven't -- for themselves and getting back to the stimulus money for just a second. What did the poll shows if anything about. We did did people feel that they have any any direct. Result of having an effect on them -- this all the money and dispel overwhelmingly no. 80%. As on call."

" If you were sent edit and then at ten people said. That they haven't seen that this stimulus hasn't made any difference to -- their households to their lives. It's -- early they're still. The money still working its way into the economy I think they haven't. It's still about half of what's been approved to actually be spent but right now people are saying. You know I hear about this recovery when am -- gonna face them him. -- what are people saying about the the increase in the sales tax from five to six in the -- agenda that that was interesting. About 30% said. That it was. Causing them to spend last. You know on top of everything else they have the they have to pay more for the goods so that we cutting back missing Americans spent. The woods of slogans that they're actually going to New Hampshire who avoided the tact but it was clear it clear that it's having an effect on people spending decisions. And obviously at a time when you want people who spending money. -- and what about. President Barack Obama's popularity. It's dipped a little bit is that. Fifty Britain 57% down from 55%. Part of it was you know in large kids just been in office not very long against there was lot of hope forum. Pardon the reality check that. That he's gone through we've had some you know tough times here he's made some mistakes again people are not yet been. Any real. Impact from his economic. Good now thanks rob Gavin out of the Boston Globe thing I -- thanks that we'll have."

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