Americans Fear A Depression; Many Blame Economy On Iraq

Posted March 19, 2008 at 10:09am

Seventy-six percent of Americans say the U.S. is now in a recession – a view held more strongly by Democrats and Independents than Republicans – and 59 percent believe it is very or somewhat likely that the nation will fall into a Depression in the next two years, according to a Gallup poll conducted March 14-16. The prospect of a Depression worries 46 percent of Americans a “great deal” and 33 percent “a moderate amount.” Going back to the recession question, more than 80 percent of Democrats and Independents believe it has arrived compared to 60 percent of Republicans.

A Zogby poll released today reported an almost identical result.