Living in Fear: 75% Think We’re Heading for Another Recession

Posted by on Jun 18, 2012 at 7:03 am
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After hitting the links for his historic 100th round of golf as POTUS, here’s some sobering news for the campaigner-in-chief. He may soon realize he’ll have plenty of free time on his hands for partying and golf.

A massive majority of likely voters fear America could be slipping into a second economic downturn just four years after the Great Recession, according to a new poll for The Hill.

But people remain split over which of the presidential candidates — Barack Obama or Mitt Romney — are offering the better prescription for economic health.

Amid worrisome jobs numbers and the looming threat of a eurozone crisis, the survey found 75 percent of people were either very or somewhat worried the country is headed toward another recession.

Among those concerned, 46 percent said they were “very” worried and 29 percent said they were “somewhat” worried.

The survey underscores the influential role economic issues are expected to play in the November elections, particularly in the presidential race.

With the fallout from the 2008 economic crash still fresh in voters’ minds, just 18 percent of those surveyed said they are not very worried about another recession. Only 4 percent are not worried at all.

The level of concern about a second recession was most pronounced among middle-income and lower-income voters.

Among those earning between $40,000 and $60,000 a year, 83 percent expressed worry about an economic downturn. Seventy-seven percent of people earning less than $20,000 a year shared that fear.

Sixty-one  percent of people earning more than $100,000 a year said they believed the country’s economy was headed south.

There was also a partisan divide, with 86 percent of Republicans expressing worry.

Among Democrats, 58 percent said they fretted a downturn.

So 58% of his own party basically have no confidence in him, yet most of them will still vote for him. These folks are commonly known as suckers. We’re not sure if they even realize their taxes will be going up once January rolls around. The numbers likely would be even worse.

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2 Responses to “Living in Fear: 75% Think We’re Heading for Another Recession”

  1. Blacque Jacques Shellacque on 19/19/12 at 2:30 am

    So 58% of his own party basically have no confidence in him, yet most of them will still vote for him. These folks are commonly known as suckers.

    You mean morons, right?