Fox Poll: 79% Fear Economic Collapse

Tuesday, 23 Mar 2010 03:10 PM

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A Fox News poll revealed Tuesday that most American voters believe it’s possible the nation’s economy could collapse, and majorities don’t think elected officials in Washington have ideas for fixing it.

The poll finds that 79 percent of voters think it’s possible the economy could collapse, including large majorities of Democrats (72 percent), Republicans (84 percent), and independents (80 percent).

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And just 18 percent think the economy is "so big and strong it could never collapse."

Voters are clearly concerned with rising deficits and massive government spending places like thenew healthcare overhaul.

Moreover, 78 percent of voters believe the federal government is "larger and more costly" than it has ever been before, and by nearly 3-to-1 more voters think the national debt (65 percent) is a greater potential threat to the country’s future than terrorism (23 percent).

There is little faith in Washington to solve these problems. Overall, 35 percent of voters think the Obama administration has a clear plan for fixing the economy, down from 42 percent last summer (July 21-22).

“At the same time the number saying the White House doesn’t have a plan for the economy has increased from 53 percent in July to 62 percent in the new poll,” Fox reports. “That includes almost all Republicans (88 percent), two-thirds of independents (67 percent), as well as a third of Democrats (33 percent).”

Even fewer people think Democrats in Congress (24 percent) and Republicans in Congress (16 percent) have clear plans to fix the economy.
There is a large gap in party support, as Democrats (46 percent) are significantly more likely than Republicans (25 percent) to think their party has a strategy for the economy.

To read more about the poll, go to Fox News.com

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