Americans Fearful of Bigger Financial Fallout

from ABC News:

Americans overwhelmingly are concerned that Congress rejection of a financial rescue plan could lead to a more severe economic decline in this country. And the public divides about evenly on whether or not the government ultimately will be able to prevent it.

Yet registered voters at the same time also divide about evenly on the bailout plan itself. Barely more than half are ready to call the situation a “crisis,” though nearly all the rest call it a serious problem. And while a narrow majority is pessimistic about the economy’s future over the next year, six in 10 remain optimistic about their own family’s finances.

Click here for a PDF with charts and full questionnaire.

Eighty-eight percent in this ABC News/Washington Post poll, conducted Monday night, say they’re concerned the action in Congress could worsen an economic downturn; 51 percent are “very” concerned about it.

Vote in Congress Raises Concern About a Deeper Economic Decline

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