The consumer's mind set is now turning to a economic depression according to a Rasmussen poll.
Most Americans (53%) now think the United States is at least somewhat likely to enter a 1930’s-like depression within the next few years.
The latest results are more pessimistic than those found in early January, when 44% said a 1930’s-like depression was likely in the next few years, and 46% disagreed.
In March 2008, only 38% of adults said the country is likely to slip into a depression, while most (55%) disagreed.
The most recent survey also found that half of all adults (49%) say today’s children will not be better off than their parents. Only 26% hold the more optimistic view, while another 25% are not sure. Those results have changed little from January, when only 27% said children will be better off and 47% disagreed. Twenty-six percent (26%) were undecided at that time.