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Most fear '1930s-like Depression': Rasmussen poll

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Posted By: EternalOptomist, 9/29/2022 12:38:50 PM

Voters see no end to the economic destruction under President Joe Biden, with most now predicting a 1930s-style Great Depression.

Comments:

I think this is optimistic. The likelihood of nuclear war with civilization completely collapsed was not part of the poll.

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Reply 1 - Posted by: Scottyboy 9/29/2022 12:44:32 PM (No. 1291121)
Have you noticed that the people who tried to tell us that Trump would crash the economy and start WWIII have crashed the economy and started WWIII?
52 people like this.

Reply 2 - Posted by: itsonlyme 9/29/2022 12:50:52 PM (No. 1291132)
Selling apples and pencils on every street corner. Throw the correct coinage into the tin cup. The smartphone app says there's more traffic coming about 3 blocks from here. Time to change street corners with a freshly piece of cardboard sign - Will America Be Great Again? Oops, another 75 basis points increase in interest rates.
6 people like this.

Reply 3 - Posted by: leonardo 9/29/2022 1:03:57 PM (No. 1291145)
Supposedly VOTERS put the 2 clueless clowns into power. VOTERS are responsible for what they have wrought. Are you hungry and broke in this horrendous economy, and in what will be coming? Burnt cities? Wokeness? Reverse discrimination? Open borders? Mandatory “vaccines”. Billions to Ukraine? Blame Democrat voters, comrade.
20 people like this.

Reply 4 - Posted by: Blue Hen1 9/29/2022 1:20:32 PM (No. 1291163)
Hey, at least there’s no mean tweets
18 people like this.

Reply 5 - Posted by: MDConservative 9/29/2022 1:34:15 PM (No. 1291181)
Noted investor Stanley Druckenmiller wants more support from the Federal government in the form of more empty dollars issued to stimulate an economy that has plenty of cash to spend. We have gotten comfortable in a world of low interest rates and rising stock markets with government intervention now and then...until politicians went berserk in response to COVIDS. Good sense went out the window as they dumped 14 TRILLION empty dollars into an economy, scads going into individuals' pockets as stimulus and PPP, not to mention rent moratoria and other gimmicks to "help". Interest rates have to go up to respond to the market forces creating inflation. No one will lend at a loss of value over time. It's long past time to take a hard look at our government and the crippling financial web it has largely woven. The problem is that any reforms will be done at the behest of those sponsors of the Best Congress Money Can Buy, like noted investor Stanley Druckenmiller.
2 people like this.

Reply 6 - Posted by: planetgeo 9/29/2022 1:34:20 PM (No. 1291182)
True. But here's the problem. The Democrats' game is to just keep printing more money and doling it out to their favored tribes, essentially raiding the Treasury, until they are safely out of office. THEN all the debt comes crashing down on the Republicans who will be the suckers trying to clean up the mess. Also, the Democrats are planning on having their imported dependents start a violent uprising then as the drastic measures start. As Rush used to say, "don't doubt me." Keep your ammo supply ready. We're going to need it.
13 people like this.

Reply 7 - Posted by: EJKrausJr 9/29/2022 2:02:25 PM (No. 1291206)
A perfect completion to the fubaring of America, a major depression manufactured by Lame Duck Joe.
9 people like this.

Reply 8 - Posted by: stablemoney 9/29/2022 2:21:33 PM (No. 1291227)
People's fears are well founded. We have a catastrophe, and it will last for a decade.
8 people like this.

Reply 9 - Posted by: qr4j 9/29/2022 2:25:23 PM (No. 1291234)
Eject the miserable WH resident from office. Send him packing back to Delaware. He spends most of his time there anyway. He can pretend he's still president while he talks to the flowers on the wallpaper. He pretends most of the time anyway.
10 people like this.

Reply 10 - Posted by: DVC 9/29/2022 2:55:04 PM (No. 1291263)
The entire reason for the 1930s Depression was Franklin Delano Roosevelt "helping", which made everything worse, year by year. Every single thing that the government did further damaged the country. Roosevelt was entirely innumerate, had completely failed several times at running businesses because he absolutely couldn't grasp the basics of a free market economy. His information proof ignorance, combined with a Communist VP who worked with the Kremlin, ensured that the Depression stayed on far longer than it would have if the government had let things shake out normally and not "helped".
12 people like this.

Reply 11 - Posted by: jeffkinnh 9/29/2022 3:22:48 PM (No. 1291285)
AND Biden destroyed a VIBRANT economy, the best in 40 years, and transformed it into the worst in 40 years in about a ONE YEAR. The damage started to become evident in the first quarter of this year. This shows you how fragile the economy is to people with really bad (Socialist) ideas and the power to do enormous damage. This is why you should NEVER vote for a dem. They have been the "Hurricane Ian" to the economy and the bureaucrats and media are complicit in the destruction. Costs of basic household needs going up over 10% while Brandon tells us things aren't that bad. Trillions of dollars of wealth wiped out. And before you say "Who cares about the rich people", anyone who has a pension or 401K or 403B has had their retirement seriously undermined by the dems' deliberate actions. This includes people like the Teachers Unions who are too dumb for their own good by supporting dems. These are the twits teaching our kids. Even people on the dole, the ones the dems "care" about, are feeling the pain of prices rising faster than the payments they get and the financial crunch governments are in with more people in need and prices out of control. Always remember, it is the DEMS who brought us here.
9 people like this.

Reply 12 - Posted by: F15 Gork 9/29/2022 3:40:06 PM (No. 1291310)
We will be lucky if it’s only as bad as the Great Depression.......It wii be Escape From NY coast to coast.
3 people like this.

Reply 13 - Posted by: columba 9/29/2022 4:12:10 PM (No. 1291332)
My parents lived during the great Depression. My dad joined the CCC; my mother worked as a maid, I learned how to turn out the lights.
4 people like this.

Reply 14 - Posted by: red1066 9/29/2022 4:54:28 PM (No. 1291366)
Many believe that WWII ended the depression. Not true. The economy was coming back years before WWII despite Roosevelt's policies. Roosevelt's policies actually made the depression last longer than it would have if he had just done nothing and let capitalism take over. The war just let capitalism do its thing.
5 people like this.

Reply 15 - Posted by: bad-hair 9/29/2022 6:54:09 PM (No. 1291443)
JoeBoy wanted to be FDR. FDR was 30's depression. Joe wins. FJB MAGA
1 person likes this.

Reply 16 - Posted by: Muguy 9/30/2022 6:31:11 AM (No. 1291661)
Things will be MUCH WORSE In the 1930's much of the country was still in the rural areas or on the farm. In the mid-1950s, more people were in the cities instead of the farm. Those who grew up in those conditions are largely gone now, as are those of the Korean War generation and we are losing those from the Vietnam years. We do not really know hardship, and this is being done to bring U.S. into line. This INVASION of illegal aliens is meant to crash the economy and the ability for people and institutions to survive and then submit to the rule of a handful of socialists who anoint themselves as our betters.
1 person likes this.

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