Washington (CNN) – Economic fears are not diminishing. More than eight in 10 Americans think the economy is in another recession, according to a new CNN/ORC poll. One-third of those surveyed think it’s serious.
While the country isn’t technically in a recession because the economy hasn’t experienced two straight quarters of negative growth, the poll’s results highlight the importance of President Barack Obama’s jobs speech next Thursday night.
Full results (pdf)
Americans have “a bad case of economic jitters,” according to CNN Polling Director Keating Holland.
About two-thirds think the president should focus more on creating jobs right now, even if it means less deficit reduction.
Don’t expect Republicans to stop demanding more budget cuts though. Almost half of GOPers surveyed say deficit reduction is just as important as creating more jobs, including those who identify themselves as tea party supporters.
Democrats strongly disagree. Eighty-three percent want the president to focus more on job growth, and two-thirds of independents say the same.
This could hint at the president’s economic plan as he campaigns for re-election. With only 34% of Americans approving of the way he is handling the economy, according to a CNN/ORC Poll released earlier this week, job creation could help the president solidify his party’s eroding support, while bringing in key independent voters.
The CNN/ORC International Poll was conducted August 24-25, with 1,017 adult Americans questioned by telephone. The survey's overall sampling error is plus or minus 3 percentage points.
Well, we certainly are in the third summer of recovery...
The SAME 8 in 10 may not have thought we were OUT of a recession. Do 8 in 10 even know what a recession is???
I don't think budget cuts are really going to help the economy right now. It sounds like that someone spending money would be good. It may be that the federal govermnemt might be that only one. I know that many companies are unwilling to spend the cash they have for many reasons.
Of course the economy is not getting better the greatest liar spender polarize is still in the people's house until 2012 when the lying lawyer gets sent packin back to the most corrupt district in the nation Chicago....failure economically failure socially, failure schools and failure union thugs running things........gee what a surprise.
welll if happen back to 1929 depression. u better get used to it how to deal living than dream can be over. keeps survivor focus urslef than drowned ...... same with me
Well, here we go again. Another bumpy ride.
I blame the GOP. If they worked with Obama then perhaps the country would be doing better. They ran on jobs and haven't produced any jobs bill since being elected.
And 8 in 10 (at least) Americans tend to vote with their pocketbook. Doesn't look promising for a second term.
They think we are? But I see Outback, Walmart parking lots are full. New car sales are up 25%, boat sales are up 20%, motorcycle sales are up 28%. These are real necessities of life. People have no clue. Spend, spend, spend.
Americans are fat and lazy.
Ya think?...we never left the last one.
This is still President GWB fault. Maybe we were in a Depression thinking we were in a recession. This President needs time.
Of those 80%, do they really understand what a recession is? I'm seeing lately that a lot of folks are mouthing off, but are basically empty megaphones and pollsters.
That's why they have economic metrics, so that can define a recession. What eight in ten Americans think is relevant only to the way they act, not a reflection of the actual circumstances.
It also should be noted that at least 8 in 10 people are idiots that don't truly know the topics they are surveyed on.
Make it 9
Just goes to show you that "The Big Lie" technique works for rethuglicans. Car sales are up. Unemployment numbers are slowly trending positive. But, the sky is falling according to the clown show. It took 10 years to begin coming out of the Great Depression. What kind of idiot thinks we can come out of something nearly as bad in 2?
There ain't no spending our way out of this depression no matter what the uninformed public think because...we have never, ever, in our entire history been so deeply in debt that just going further into debt will cause a recession on its own when the interest alone approaches the level of our GDP and swallows up all our revenue.
Sorry, charlie...we've had our chances. Now's the time to pay the piper.
Didn't the Rs campaign on JOBS, JOBS, JOBS! in 2010? What have they done about jobs since then? If they fail to work with the president and Ds EFFECTIVELY to create jobs, I won't be voting for them in 2012. In fact it may spur me to actively volunteer against them. Anti Tea Party anyone?
We are in a recession, more or less a slump. The Government states that they are going work really hard to create jobs. I see more jobs going over to China, India, and other third world countries. We all talk about how we are going to create green energy and it is going to be the wave of the future, but really what it comes down to, it is just hype. As American’s we really need to start grabbing the bull by the horns and start thinking about what the hell we are doing. Something is definitely wrong with the picture we are in and we need to do something about it. Do we have corporate greed going on in this country- you bet you’re behind we do. CEO’s listen up! You see your company in trouble-instead of taking that big fat bonus, and laying people off, take a pay cut for once and keep your employee’s onboard and figure out what you are doing wrong, and why your company is in such trouble.
That's because despite the definition of the term it is synonymous with bad economic conditions in the minds of most Americans. I frequently hear the term bing misused but have come to realize that the strict definition is meaningless.
Spend another 800billion to create more jobs. GREAT idea. It worked last time. Face it DEMONCRATES your style doesn't work. Unemployment payouts do not create jobs in America.
I think we are going in the tank until our socialist media loses all influence.
9.2% unemployment and 46 million Americans on food stamps...who are the 20% of respondents (inverse of 8 of 10) that are that clueless about the reality of our economy...the entire elected federal govt needs to be thrown out at elections to get some new people serious about turning the economy around...time for Obama to figure out what real leadership means.
Of course they do, the media makes sure to let everyone know the sky is falling. The American economy is doing pretty good after such a harsh recession, and we will rebuild stronger than we were before. We have a few problems, but its nothing we can't fix and we are FAR from being in danger. The problem is the media sensationalizes everything. Oh, and the wall street people panic over every fart a CEO makes.
8 out of 10 Americans have no ability to evaluate whether we're in a recession or not. They're simply regurgitating what they're told 24/7/365. I'm not impressed.