According to a new Rasmussen poll a majority of voters see the country descending into a 1930s style depression soon as a result of Biden administration policies.
Via the Washington Examiner:
Voters see no end to the economic destruction under President Joe Biden, with most now predicting a 1930s-style Great Depression.
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In the latest Rasmussen Reports survey, 57% said that they believe the United States will enter a “1930s-like Depression” soon, including 21% who think a depression is “very likely.” Just 32% don’t think the downturn will end that badly.
The new survey is the latest warning sign to the White House and the Democrats eyeing a 2024 presidential bid. Most respondents have said in recent polls that they believe the nation is on the wrong track, but a depression is a whole different game.
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Just today, noted investor Stanley Druckenmiller said he believes the Federal Reserve’s aggressive tightening measures will put the U.S. economy into a recession.
“Our central case is a hard landing by the end of ’23,” Druckenmiller said at CNBC’s Delivering Alpha Investor Summit in New York City Wednesday. “I will be stunned if we don’t have a recession in ’23. I don’t know the timing but certainly by the end of ’23. I will not be surprised if it’s not larger than the so-called average garden variety.”
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In recent months, inflation, gas prices, and mortgage rates have hit or nearly hit two-decade highs, and polls have shown that a worried public is bracing for a hard economic landing.
This is a sad state of affairs given where the country was just a few years ago.
How can people be so stupid as to continue to vote for Democrats when Democrats have taken a wrecking ball to the economy, our country and the world?
Apparently some people never learn their lesson which explains why people who live in the worst most crime-ridden cities in America keep voting for Democrats.
Here’s former Treasury Secretary and die-hard Democrat Larry Summers explaining how inflation got so out of control under Joe Biden:
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Brother can you spare a dime?
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