Wednesday, March 11, 2009
The Pbama Depression: Rasmussen Poll Shows 53% Say Big "D" Will Hit 1930s Style
More bad news for the economy, the stock market (yes, I know it showed moderate signs of life on Tuesday due to confidence in CITI, not due to Pbama's scheme of raising taxes on everyone or Pbama's stimupork) and consumer confidence. The basic component is that Pbamanomics isn't working and won't work. Not ever. The market will recover despite - not because of - Pbamanomics.
The latest Rasmussen survey has 53% of Americans saying we will have a depression similar to the 1930s:
Most Americans (53%) now think the United States is at least somewhat likely to enter a 1930’s-like depression within the next few years.
The latest Rasmussen Reports national telephone survey found that 39% think this outcome is unlikely.
Nineteen percent (19%) say a Depression is Very Likely while 7% say it is not at all likely.
The latest results are more pessimistic than those found in early January, when 44% said a 1930’s-like depression was likely in the next few years, and 46% disagreed.
The most recent survey also found that half of all adults (49%) say today’s children will not be better off than their parents.
Fifty-four percent (54%) of investors and 53% of non-investors say it is likely the country will slip into a serious depression.
The longer Barry is in office, the more pessimistic the economic outlook. Who knew...who knew?
Ahhhhhhh, Hope 'n Change!
accordance and compliance with Fair Use Section 107 U.S. Copyright Code.
All other images and content © 2005-2009 David Drake.
Not responsible for content contained at linked sites.
Policy on commenting:
- Anonymous comments have little chance of being published.
- Comments made on posts 60 days old or older have little chance of being published.
- Published comments do not necessarily reflect the views of this blog author.
- Discretion of publishing or rejecting submitted comments rests solely with the owner and creator of this blog.
- Comments that egregiously "plug" (i.e. advertise or promote) another site or blog will be rejected. This doesn't mean you cannot include a link to your story, blog or to another site, but don't go overboard.
- Profanity is not a disqualifying factor, but profane rants solely for purposes of profanity are unlikely to be published.
- The owner and creator of this blog is not liable or responsible for the opinions of those who comment.