79% Say U.S. Economy Could Collapse

[Team Sergeant]

I'm just a dumb kid from Iowa that reads, everything, and today they print this (see below).

a. Foxnews is reading Professionalsoldiers.com or

b. I'm not alone in my assessment that this American house of cards is about to take a very very serious dive. ("Collaspe" is the word Foxnews used.)

A shitstorm is coming, I do hope you have a very sturdy umbrella.

TS

If you don't have enough money to purchase gold buy silver.



Fox News Poll: 79% Say U.S. Economy Could Collapse
By Dana Blanton
- FOXNews.com

The latest Fox News poll finds that 79 percent of voters think it’s possible the economy could collapse, including large majorities of Democrats (72 percent), Republicans (84 percent) and independents (80 percent).

Most American voters believe it’s possible the nation’s economy could collapse, and majorities don’t think elected officials in Washington have ideas for fixing it.

The latest Fox News poll finds that 79 percent of voters think it’s possible the economy could collapse, including large majorities of Democrats (72 percent), Republicans (84 percent) and independents (80 percent).

Just 18 percent think the economy is "so big and strong it could never collapse."

Moreover, 78 percent of voters believe the federal government is "larger and more costly" than it has ever been before, and by nearly three-to-one more voters think the national debt (65 percent) is a greater potential threat to the country’s future than terrorism (23 percent).

Who has a plan for dealing with the economy?

Overall, 35 percent of voters think the Obama administration has a clear plan for fixing the economy, down from 42 percent last summer (July 21-22, 2009).

At the same time the number saying the White House doesn’t have a plan for the economy has increased from 53 percent in July to 62 percent in the new poll. That includes almost all Republicans (88 percent), two-thirds of independents (67 percent), as well as a third of Democrats (33 percent).

Even fewer people think Democrats in Congress (24 percent) and Republicans in Congress (16 percent) have clear plans to fix the economy.

There is a large gap in party support, as Democrats (46 percent) are significantly more likely than Republicans (25 percent) to think their party has a strategy for the economy.

The national telephone poll was conducted for Fox News by Opinion Dynamics Corp. among 900 registered voters from March 16 to March 17. For the total sample, the poll has a margin of sampling error of plus or minus 3 percentage points.

"These results reveal a deep anxiety about the fragility of our economy, as voters face continued uncertainty about jobs and an expanding commitment to public sector spending," said Ernest Paicopolos, a principal of Opinion Dynamics.

Three in 10 American voters (30 percent) say they are comfortable with the size and role of the federal government right now, while 65 percent say the government has become too big and "is restricting American freedoms."

Sizable majorities of Republicans (84 percent) and independents (74 percent) think the government is too big, while just over half of Democrats (51 percent) are okay with the size of government.

http://www.foxnews.com/politics/2010...est=latestnews

[Richard]

A reality...or a self-fulfilling prophecy created by such polls (opinions being presented as a percentage and perceived as fact in support of another opinion) and the seemingly predominant negativism of MSM reporting?

History says we'll find out one way or the other in due time...

Richard's jaded $.02

[Sigaba]

What I'd like to know is if the respondents were asked questions like "How well do you understand the economic crisis or economic issues more generally?" And "How has the current economy impacted your life?" (As of yet, Fox News has not provided a link to the full poll as it often does.)

And are some of these respondents the same types of folks that though the H1N1 vaccine was as dangerous as H1N1 itself? <<LINK>>

Regardless, I think the numbers indicate that the current president is not doing a good job of using the "bully pulpit" to assuage Americans' concerns over the economy.

(Have I said recently how much I dislike the guy? Well. I dislike the guy. And not just a little. I feel so much better getting that off my chest.)

FWIW, Gallup has assembled a time line of recent events and what people thought at the time. Source is here.

[craigepo]

I agree that there are lies, damned lies, and then there are statistics. However, I get out and mix with folks everyday. It is my observation that the electorate, at least in my AO, is very disillusioned. Accordingly, my observations are in line with the poll numbers.

Hang in there. The pendulum is already swinging back. The challenge will be to fix the problems that are being caused by the present administration.

[Richard]

http://www.youtube.com/watch?v=l9K4BKkLaCI

Richard's $.02

Originally Posted by craigepo

I.

Hang in there. The pendulum is already swinging back. The challenge will be to fix the problems that are being caused by the present administration.

I think the bigger question is, can the populace hold the angst/anger they feel now and channel it into voting out the current majority in November. Can the country as a whole swallow what we truly need to do to balance our budget, to protect our shores and to bring us back to political and economic prominance again?
AM

[afchic]

Off topic a bit, but still relevant. Yesterday the IL House of Representatives voting to go to 4 day school weeks for all schools in the State. The measure now goes to the State Senate. Apparently this will be some sort of cost saving measure.

First of all, the kids still need to be in school the same number of hours every year which means the school day will increase, or the length of the school year will. How is this saving money anywhere?

How about consolidating school districts (I pay for 3 in my little town of 30K. One district is for the elementary-Jr. High, One is for the single highschool, and the other is for the community college) so that you only have to pay one administration. Our school superintendants make almost 200K. That 200K saved could go a long way in keeping kids in a school on Fridays.

We can't afford to educate our children properly, but how many pieces of jumnk mail have you recieved about the Census? I have received 5 (3 informing me the Census is coming, 1 the actual Census, and 1 after I filled it out, reminding me to fill it out). I wonder what the cost of that is?

Rant Off.

[fng13]

I would also question how well those polled even understand how an economic collapse would impact them or what it could mean for the country and the world as a whole.

I suspect that this is just another example of how the majority of citizens don't
understand how major issues may actually impact their lives.What I am suggesting is that many polled may believe the economy is going to collapse but are non-chalant about it because they don't actually know what that could mean, and/or do not think that it will effect them in any way other then gas or something similar will cost more.

I am not suggesting a collapse is not eminent only that I would question the knowledge of those who compose the poll.

Even as a young inexperienced man from B.F.E. I can't believe how many people my age and older than me don't grasp how issues outside of their small world could actually impact their lives significantly. Their is such of a sense of "oh who cares it will work itself out, we live in America nothing bad could happen here, to me etc. etc."

Sorry if that is too far off topic.