Tuesday, March 17, 2009

Poll: More Americans fear a return of the Great Depression

(CNN) – The number of Americans who think another Great Depression will occur within the next year is on the rise, a poll released Tuesday shows.

Forty-five percent of people questioned in a CNN/Opinion Research Corporation survey said another depression is likely.

"Will the Great Recession turn into another Great Depression? A growing number of Americans think it might," said CNN Polling Director Keating Holland.

"Last December, 38 percent said a depression like the one the U.S. experienced in the 1930s was likely in the next year. Now that number is up 7 points."

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"A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty" (Churchill)