By JOSH BOAK and EMILY SWANSON, Associated Press
WASHINGTON (AP) — Americans’ outlook on the national economy has improved somewhat from its lowest points during the early weeks of the coronavirus pandemic, but a new poll suggests Democrats and Republicans are living in alternate economic realities amid the sharpest recession in the nation’s history.
Eighty-five percent of Democrats call economic conditions “poor,” while 65% of Republicans describe them as “good” in a new survey conducted by The Associated Press-NORC Center for Public Affairs Research.
Overall, 63% of the country says the economy is in poor shape, down somewhat from the 70% who felt that way in May.
The economy cratered in March and April as people sheltered in place in hopes of stopping the pandemic, and the unemployment rate spiked to at least 14.7%.
A bipartisan group of economists proposed an additional $1 trillion to $2 trillion of aid to sustain any recovery, including targeted funds for state and local governments, subsidized loans for small businesses, more generous unemployment benefits and aid for low-wage workers.