Skip to main content
Economics

Steve Allen Explains Why N.C. Voters Are ‘Sour’ on Economy Despite Solid Financial Standing

News & Observer logo

According to a recent News & Observer column, a Quinnipiac University Poll of North Carolina voters found that most voters see their personal financial situation as either excellent or good, but two-thirds think the national economy is not so good or poor.

“I see see two drivers,” says Poole College Economics Professor Steve Allen. “One is partisanship: Democrats are much more likely to say the economy is doing well than Republicans, even though members of both parties live in the same economy. The other is uneasiness about the future: We have been squeezed by higher prices over the last four years.”

Read more from the News & Observer (PDF).