Forget market downturns, this is biggest threat facing the US economy

Personal Finance


Worries about discord on Capitol Hill seems to transcend political affiliation.

Among participants, nearly half of Republicans pointed to politics as a major concern facing the economy, Bankrate.com found.

Meanwhile, 45% Democrats and 42% of Independents agreed that the political climate is the biggest threat.

The findings suggest that Americans are looking for action from Washington on a range of key issues that affect them and they’re disappointed that they aren’t seeing results, Hamrick said.

“There’s the nation’s deficit, a looming debt ceiling, immigration, health care,” he said.

“Despite the highly polarized political environment, Americans agree that Washington doesn’t cut the mustard when it comes to resolving these issues,” Hamrick said.



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