March 17th, 2008
12:00 PM ET
10 years ago

Poll: Three-quarters think U.S. in recession

 Brokers at the New York Stock Exchange aren't the only Americans feeling anxious about the economy.

Brokers at the New York Stock Exchange aren't the only Americans feeling anxious about the economy.

(CNN) - Nearly three-quarters of all Americans think the economy is in a recession, according to a national poll released Monday.

Seventy-four percent of those questioned in a CNN/Opinion Research Corp. survey say the economy has entered a recession.

That figure is up from 66 percent who felt that way in a similar survey last month. The number stood at 61 percent in January and 46 percent in October. (Full poll results [PDF])

Full story

Filed under: Economy
soundoff (61 Responses)
  1. Maggie

    Surprise.... We are in a recession. flash...Too little too late....

    God help us all.....

    March 17, 2008 01:35 pm at 1:35 pm |
  2. RealityKing

    i.e..., 3/4 of Americans have no idea what a recession is..

    March 17, 2008 01:35 pm at 1:35 pm |
  3. Chuck

    After the S&L scandal of the 80s why wasn't anything done to stop lenders from abusing borrowers with ARM type loans? Where is NEIL Bush anyway?

    March 17, 2008 01:36 pm at 1:36 pm |
  4. Tom Swift, Shopton

    Of course we're in a recession.

    And all three candidates had better start addressing what they intend to do about it.

    Everytime I hear one of them, when asked what they will do, blame Bush they should have delegares deducted. We already know who is responsible, pointing fingers ain't gonna get it fixed.

    March 17, 2008 01:38 pm at 1:38 pm |


    HIllary will bring our country out of this recession and help create more jobs for Americans.



    March 17, 2008 01:41 pm at 1:41 pm |
  6. TheLeftNut

    Bush: Recession? Who me!
    Cheney: Clearly, Iran fault, sir
    Bush: Sounds good, let's run with. Call Karl up and have him write a blurb.
    Cheney: Uh, Mr Rove doesn't work for us anymore, sir.
    Bush: Sure he does Karl's just gone deep undercover. It's part of our plot to take over the world...MOO HA HA HA!

    March 17, 2008 01:41 pm at 1:41 pm |
  7. Grif

    Then recess and get going.

    March 17, 2008 01:42 pm at 1:42 pm |
  8. Doug R.

    We are in a recession...and George Bush didn't know that gas is inching up toward $4/gallon.

    March 17, 2008 01:44 pm at 1:44 pm |
  9. New Yorker

    And if they keep thinking that, and act as if we are, we will be. So be it.

    March 17, 2008 01:47 pm at 1:47 pm |
  10. Ugh.

    It's easy for Obama to say he opposed the war from the beginning when he didn't have the ability to even vote on the proposition. For all we know he might have voted 'present' like he usually does.

    March 17, 2008 01:47 pm at 1:47 pm |
  11. Nobillary Andobama

    The Recession....Liberal style

    spoiled rotten Americans = an "Entitlement" society = spending money on luxury instead of saving it = lots of debt = complaining that it is the government's fault = media fueled claims of a recession = asking the government to bail you out = Hillary Rodham Clinton supporters = spoiled rotten Americans....

    it sure is a vicious spins to the left in case you were wondering

    March 17, 2008 01:50 pm at 1:50 pm |
  12. Adam

    The 26% must be the ones that give Bush a positive approval rating.

    March 17, 2008 01:56 pm at 1:56 pm |
  13. AJ, IL

    I hope Hillary doesn't save our economy like she saved her marriage.

    March 17, 2008 01:58 pm at 1:58 pm |
  14. maynard

    with the price of gasoline the recession will lead to depression

    March 17, 2008 01:58 pm at 1:58 pm |
  15. firemedia

    Recession??????? Even the Canadian dollar is worth more thanthe US greenback. The alarm wasn't set and you missed the world go by

    March 17, 2008 01:59 pm at 1:59 pm |
  16. Richard, FL

    The other 26% are probably the same Bush supporters who believed him when he said "we will stay the course" and believed him when he said "we've never been stay the course" and believed him when he said "I'm a uniter not a divider". The 74% mark is probably about as good as you can do when there are some people who just don't want to deal with reality.

    March 17, 2008 02:00 pm at 2:00 pm |
  17. Paul from Kissimmee

    Every time I see these types of polls, I wish they would also ask the participants to define the word recession. Why don't they just ask the question "do you think our economy is in a slump". The fact is we're not in a recession. Our economy is down, but not in a recession. While you're at it, ask them the best procedure to perform brain surgery.

    March 17, 2008 02:02 pm at 2:02 pm |
  18. Praetorian, Fort Myers

    Oh I don't know i't's so bad....

    the repo guys are rolling in dough....

    foreclosure specialists are in heavy demand....

    credit counseling services are in a boom market...

    bankruptcy attorney's are rapidly building their net worth....

    politicans/appointees aren't doing too bad either...

    March 17, 2008 02:03 pm at 2:03 pm |
  19. Jack

    Fixing a declining Bush economy is a Clinton specialty.....

    I'm excited by Hillary's plans to give people their jobs back and let people back into their homes

    I'm not as comfortable with Obama handling a bad economy as I am with Hillary.... and I'm scared about McCain handling this economy especially after he said he doesn't know much about economic matters.... YIKES!

    March 17, 2008 02:05 pm at 2:05 pm |
  20. Chewbacca

    I remember it was Al Gore that was advocating $5/gal gasoline in his book he was selling eight years ago.

    March 17, 2008 02:06 pm at 2:06 pm |
  21. Alice Brian

    Yes, we are in recession, and we don't need an anti-American president.

    my prediction is that Obama will quit the race, and two year later he will lose senator seat

    then he sells his mansion for 40% less because econnomy is in bad shape.

    finally he settled down as a volunteer in chicago street again, which he always dreamed of.

    March 17, 2008 02:07 pm at 2:07 pm |
  22. Craig

    I can not believe how frothing at the mouth crazy these Hillary and Obama supporters are.

    On one hand you have a liar, cheat and a socialist with no significant policy accomplishments.

    On the other you have a gifter speaker with little to no significant experince to run a Chuky Cheese let alone the country.

    On the Republican side we have a war hero with over two decades of federal public service and a moderate perspective.

    I am no Republican but this an easy decision.

    March 17, 2008 02:09 pm at 2:09 pm |
  23. Gary

    Vote Rezco & Joe Wright for President!!!! They can really help us in this economic problems! Yeah, make Mc Cain as the VP! We're all destined for destruction!

    March 17, 2008 02:10 pm at 2:10 pm |
  24. John Evansville,IN

    That is why the average Us citizen is a moron. We are not in an a recession people just cause the democrats tell you the sky is falling does not mean that it is. Educate yourself people a recession is when unemployement rises and there is negative growth in the economy. Those two things are not happening. Are we in a lull in the economy ? Yes we are,but democrats are so willing to discredit this president they would give up the countries stability to have a personal victory over President Bush. It is flat out Pathetic.

    March 17, 2008 02:16 pm at 2:16 pm |
  25. John - Spokane, WA

    DUH..... We've been in one for about a year now. People better start worrying about the next big dive being a DEPRESSION !!! You aint seen nothin yet folks, its just starting – I predict the stock market will drop down to below 10,000 by the end of this year. HERES WHATS NEEDED TO FIX AMERICA: Cap on fuel prices, disconnect from Opec, Cap on Credit Card rates (We used to have laws on this called Loan Sharking laws-bring em back) Disband the three Credit reporting agencies, Trans Union, Experian, etc..... They have WAY TOO MUCH CONTROL. – If you default with a company, you dont do business with them anymore, simple as that. Regulate, I mean REGULATE the mortgage industry to offer 30 year fixed rate loans that are fair (How come when the fed cuts the rate, consumers never see it ? ) Put controls on number of permits to prevent overbuilding (This KILLS Existing home values & the banks who get left holding the bag). Stop the Federal bail outs of the big Companies, Nobody bails out the small business man. Put Caps on the Insurance Companies. STOP TRADING WITH CHINA (at least for several years) and charge a tariff on incoming autos from Japan & other places – Basically, take our economy back !! And Finally More Accountability from our public officials. THIS MAY NOT FIX ALL OF IT BUT IT WOULD BE A HELL OF A START !!

    March 17, 2008 02:16 pm at 2:16 pm |
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