Alternate headline: Great Depression worries go mainstream. I guess we can count Barack Obama among the 51% who aren’t worried about it, since he’s not even worrying about a double-dip recession. CNN’s latest poll shows an almost even split between Americans who expect a big collapse within a year, and, er, Americans who aren’t quite as worried about it:
President Barack Obama’s overall approval rating has dropped below 50 percent as a growing number of Americans worry that the U.S. is likely to slip into another Great Depression within the next 12 months, according to a new national poll.The three-point difference makes this a dead heat within the margin of error. Moreover, this is the most pessimistic survey result we’ve seen on the subject. In 2008, only 38% expected another Great Depression, which rose to 41% in 2009 shortly after Obama took office. In the two years of the Obamanomics recovery, it’s jumped seven points — which shows just how effective people believe Obamanomics to be.