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 This material may not be published, broadcast, rewritten or redistributed.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
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Researchers Use Twitter to Predict Crime

Sunday, 20 Apr 2014 07:46 AM

Hidden in the Twittersphere are nuggets of information that could prove useful to crime fighters -- even before a crime  . . .

Ex-Soldier: My Friendly-fire Shots Might Have Killed Pat Tillman

Sunday, 20 Apr 2014 07:41 AM

A former U.S. Army Ranger who was in the same platoon as ex-NFL player Pat Tillman has stated in a television interview  . . .

Boston Marathon Looks to Shake Shadow of Deadly 2013 Bombing

Sunday, 20 Apr 2014 07:23 AM

Runners, from the world's elite racers to first-timers, will step to the Boston Marathon starting line on Monday for the . . .

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