AP Poll: Americans Divided on Looming Debt Crisis

Saturday, 25 Jun 2011 10:01 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

WASHINGTON — It might be time for another midnight ride by Paul Revere, this time warning that "the creditors are coming."

Americans seem not to have awakened to the fast-looming debt crisis that could summon a new recession, imperil their stock market investments, and shatter faith in the world's most powerful economy.

Facing an August deadline for raising the country's borrowing limit, politicians and economists are plenty alarmed. The people? Apparently not so much.

They're divided on whether to raise the limit, according to an Associated Press-GfK poll that found 41 percent opposed to the idea and 38 percent in favor.

A narrow majority expects an economic crisis to ensue if the United States starts missing interest payments to creditors. But even among that group, 37 percent say no dice to raising the limit.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Cop Killer's Commencement Address Angers Officer's Widow

Tuesday, 30 Sep 2014 23:17 PM

The decision to allow a man serving a life sentence for killing a police officer in 1981 to deliver a college commenceme . . .

Michelle Bachmann: 'Impossible' Obama Didn't Know About ISIS

Tuesday, 30 Sep 2014 21:21 PM

It is "absolutely impossible" President Barack Obama was unaware how powerful the Islamic State (ISIS) had become before . . .

Prosecutor: Okla. Beheading Suspect 'Didn't Like White People'

Tuesday, 30 Sep 2014 21:35 PM

An Oklahoma man who could face the death penalty for allegedly beheading a co-worker was suspended from his job after te . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved