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.

  • Bytemeister@lemmy.world
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    3 hours ago

    10 years? I’m pretty sure 10 months is 50/50 odds at this point…

    I have insight to a company that does automotive loans, and the number of people getting offers for 30% APR 84 month 0-down loans (and accepting them) is way too fucking high.

    People can’t really afford cars. The US government considers domestic car production so important, that we are practically banned from buying “better” cheaper cars made in China. The auto manufacturers know this and are absolutely chowing down in the captive market. The working class is going to lose reliable transportation, at the same time companies (and the government) are pushing to end Work-from-home options, and there is basically 0 public transportation in the US.

    So a lot of people aren’t going to be able to afford the systemically artificially inflated cars to get to their arbitrarily in-office jobs and they can’t reasonably take the systemically hobbled/non-existent bus or train.

    Oh, did I mention that we’ve pissed off and mistreated and deported all of the migrant labor that made fresh food widely available and cheap in the US? Oh, and we also emptied critical agricultural water reserves in a smooth-brain attempt to fight a fire 200 miles away. Don’t forget, global shipping and fuel prices are fucked because of a war we decided to start to distract from the fact that the president is practically in the Epstein files more than Epstein himself? So come summer, we’re going to have no food because we have no water and no labor, and importing food is going to be even more expensive? And that’s before the capricious 100%+ tarrifs the president is slapping on everything via a fucking tweet.

    Come on… I don’t think I could fuck up running a county this bad if I was actively trying.

    • AdolfSchmitler@lemmy.world
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      2 hours ago

      I hate how right you are. And half the country is going to cheer it on without even understanding. And when things do go to shit they’ll find some minority group to blame it on and their base will eat it up.