The charts above are from the Gallup Poll. It is from surveys done between March 13-16, March 17-19, and March 20-22. The latest poll had a national sample of 3,555 adults, and a margin of error of 3 points. The preceding polls were similar.
It shows the public is finally starting to realize the trouble our economy is in. Between March 13-16 only 38% of the public thought a recession was imminent. Now that figure has risen to 61%.
The truth is that we are already in a recession. A recession is defined as two quarters of negative GDP (Gross Domestic Product) growth. The figures for first quarter GDP will be released after the end of this month, and no economist believes the quarter will show positive growth. And neither will the second quarter (April thru June).
Sadly, there is still one group refusing to believe the economic reality -- Republicans. Only 35% of Republicans think a recession will occur. They get their news from Donald Trump and Fox News, and they evidently believe the lies both are telling them.
No comments:
Post a Comment
ANONYMOUS COMMENTS WILL NOT BE PUBLISHED. And neither will racist,homophobic, or misogynistic comments. I do not mind if you disagree, but make your case in a decent manner.