The simple question is, "Are you better off today than you were three years ago?"
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That seems a selfish question. In my case I am much better off since the stock market is up 40% or more from it's lows. Tens of million could say the same.
But when you think about the "wealth" that was created by the housing bubble and home equity loans, is "more" or "better off" really better off? That is, does lot of money with no foundation under it mean anything?
It seems that someone just introduced to a bunch of new mind bending substances or booze might consider themselves happy or better off because of the neat effect of them...but does it last?
A more complex question would have to compare what people thought of various different events....examples:
1. War - aggression
2. Trust - Do they trust institutions - not only government, but wall street? Main Street? Schools?
Unfortunately, these questions are usually not asked...but I think we know the answers! I'd say most Americans feel fairly secure now - that is, they are not on the edge of their seats expecting a mushroom cloud any moment. I'd also suggest that most Americans, with good reason, don't trust Wall Street nor the current Government - and by that I don't mean Obama, but the ratings of Congress are the lowest in history! The ratings of the GOP part of Congress are even lower than that, quite an accomplishment when they told us how well they were going to fix everything.
The whole thing is quite complex. We don't have a dictatorship so neither Obama nor Dr. Paul can "fix everything" , even if they want to.