Many respondents believe the US economy is already in dire straits, the poll found
More than four in 10 Americans believe the country is heading toward a complete economic meltdown within the next decade, according to a new poll.
The survey, released by YouGov on Wednesday, shows Americans are more worried about the economy than potential threats to the democratic system or the prospect of civil war.
42% of respondents said it is very or somewhat likely that there will be “a total economic collapse” in the next 10 years, while a smaller share, 38%, described this outcome as unlikely.
Financial anxiety ran much higher among Democrats, 53% of whom feared an economic breakdown, compared with just 28% of Republicans.
I mean, it keeps happening.
And we have to keep watching Boomers live their best lives while knowing we won’t have what they have.
So yeah, the pessimism is warranted.
They have what they have because they produced the best products in the world, and were more than 50% of the worlds GDP. They then offshored all the jobs overseas and the country is living on borrowed money. We are only 24% of the worlds GDP now, so even if we had zero debt, we would have half the life boomers did. The only way we will have their life is convincing the world to lend us money and passing off the debt to the next generation.