Most Americans Think We’re Already In A RecessionJohn Carney 6 Jun 2022
A strong majority of Americans believe the U.S. economy is experiencing a recession, a poll from the Economist and YouGov showed.
The results indicate that fifty-five percent of respondents say the U.S. economy is in recession now. Just 21 percent say the economy is not in a recession, and 24 percent say they are not sure.
This is terrible news for Joe Biden, who declared last week that a record high number of Americans were comfortable. His approval ratings have tanked as people have overwhelming rejected the Biden administration’s handling of gas prices, inflation, and the economy. Eighty-three percent of Americans describe the state of the economy as poor or not so good, a separate poll from the Wall Street Journal/Norc showed Monday.
A third poll—this time by ABC/ISPOS—showed that 61 percent of Americans disapprove of Biden’s handling of the economy, 71 percent disapprove of his handling of inflation, and 72 percent disapprove of his handling of gas prices.
The conviction that we are in a recession is widespread. Fifty-six percent of urban and suburban respondents said the economy is in a recession. Fifty-four percent of rural respondents agreed.
The perception that the U.S. is in a recession was strongest in the Northeast, where 60 percent of respondents answered ‘yes’ to the question ‘are we in a recession?’ In the South, it was 55 percent and in the Midwest it was 54 percent. In the West, 52 percent.
Americans with a variety of political views say we are in a recession. Seventy percent of Republicans say this is a recession. So do 58 percent of independents. Even among Democrats, a plurality of 43 percent say we’re in a recession, while 25 percent say they are not sure, and 32 percent deny it.
Fifty-five percent of Hispanic respondents say we’re in a recession. A plurality of 48 percent of blacks say we’re in a recession, with 32 percent unsure and 21 percent saying we are not.
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https://www.breitbart.com/economy/2022/06/06/most-americans-think-were-already-in-a-recession/
