(PartiallyPolitics.com) – The Monmouth University poll published on Wednesday found that only 16 percent of respondents believed that the U.S. was heading in the right direction. The country is currently preparing for potentially even more economic problems depending on how the debt ceiling talks end up going.
According to the poll, 16 percent of respondents believe the country is heading in the right direction, while 74 percent believe that it is not. This is a 6-point decrease since the release of a similar poll in March which showed that 22 percent had thought the country was headed in the right direction.
The latest poll comes in the midst of the negotiations between the Republicans and the Democrats about increasing the debt ceiling. The earliest deadline given by the Treasury Department for the U.S. possibly defaulting on its debt is June 1. On Wednesday, Treasury Secretary Janet Yellen warned again that it was almost certain that the country would not be able to continue fulfilling its responsibilities past early June.
The new poll has shown that 42 percent of respondents have stated that it is accurate that the country is going to significantly suffer because of the economic effects of the debt ceiling not being raised will have. However, 30 percent believe that the claims about the country’s economic suffering of the debt ceiling are exaggerated. Twenty-eight percent stated that they did not have an opinion on the accuracy of these expectations.
The survey also showed that 55 percent of those surveyed disapprove of the way that each side is handling the debt ceiling talks, while one-third of respondents said they approved. One-quarter of respondents said that the increase in the debt ceiling should include spending cuts or negotiations on spending, while 51 percent stated that the issues needed to be handled separately.
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