Yikes‼️ Here’s bad news for the doomsayers on the liberal left. How in the world can this many people be satisfied with their standard of living in a world of inequality, unfairness, entitlement necessity and that ever present 1%❓😛 Mr Obama better get out on the stump and convince more Americans how rotten their lives really are. ✈️
PRINCETON, NJ — Blacks, whites, and Hispanics in the U.S. have grown steadily more positive about their standard of living since 2011, as measured by Gallup’s Standard of Living Index. Hispanics have seen the greatest increase of the three groups, and are now significantly more upbeat about their standard of living than whites or blacks.
These results are based on yearly averages of Gallup Daily tracking interviews from January 2008 through July 2014. The 2014 data include interviews with more than 1,800 interviews each with blacks and Hispanics.
Gallup asks Americans if they are satisfied or dissatisfied with their standard of living, and if their standard of living is getting better or worse. The Standard of Living Index has a theoretical maximum of +100, which would indicate all respondents are satisfied rather than dissatisfied with their standard of living, and think it is getting better rather than worse. The theoretical minimum is -100.
All major U.S. racial and ethnic groups are generally positive about their standard of living. The index score among all Americans in 2014 to date is +44, which includes record monthly highs of +47 in May and July.
By comparison, the index score among all Americans was +24 in the recessionary year of 2008, including +31 among Hispanics, +25 among whites, and +16 among blacks. Blacks’ perceptions of their standard of living greatly improved in 2009, coincident with Barack Obama’s taking office as president, while whites’ and Hispanics’ ratings were generally stable.
Standard-of-living ratings rose among all three groups in 2010, before stalling in 2011, but the scores began to rise again in 2012 as the economy improved.
Hispanics Lead Whites, Blacks on Both Standard-of-Living Items
Hispanics have the highest score on Gallup’s Standard of Living Index because they score higher than the other groups on both components of the index — being satisfied rather than dissatisfied with their standard of living, and saying their standard of living is getting better rather than worse.
Currently, 82% of Hispanics say they are satisfied with their standard of living, compared with 79% of whites and 70% of blacks.
Meanwhile, 74% of Hispanics say their standard of living is getting better, slightly higher than the 72% of blacks who say this and significantly better than the 52% among whites.
via U.S. Hispanics Positive About Their Standard of Living.
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