Majority Expect Another Great Depression Soon
President Joe Biden may be optimistic about the U.S. economy, but most Americans fear the country is headed toward hard times.
The latest Rasmussen Reports national telephone and online survey finds that 55% of American Adults believe it is likely that, over the next few years, the United States will enter a 1930s-like depression, including 21% who say a major depression is Very Likely. Thirty-three percent (33%) don’t think another Great Depression is likely over the next few years, including 12% who say it’s Not At All Likely. Another 12% are not sure. Last September, 57% expected another Great Depression. (To see survey question wording, click here.)
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The survey of 1,000 American Adults was conducted on January 26, 27 and 29, 2023 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research.
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