Stimulus Checks Don’t Lift Economic Mood

Posted June 19, 2008 at 7:59am

While almost half of Americans have received their economic stimulus checks, a poll from Gallup today finds that the checks haven’t done much to reassure people about the state of the economy.

Gallup sampled the 45 percent of Americans who have gotten checks since late April and says: “When asked to rate current economic conditions, 43% of those who have already received their tax rebates rate the U.S. economy as ‘poor’ and 16% rate it as ‘excellent’ or “good,” while 44% of those who have not received a rebate rate the economy as ‘poor’ and 16% rate it as ‘excellent’ or ‘good.'”

And there was also no difference in how people viewed the future: 88 percent of check recipients and 86 percent of those still waiting for checks say the economy is “getting worse.”

Gallup has been polling people daily on the economy since April 27. The margin of error is +/- two percent.