After Lockdown, 34% Expect Economy to Bounce Back Quickly

When the lockdown ends, 34% of voters expect the U.S. economy to bounce back quickly. However, a Scott Rasmussen national survey found that 45% have the opposite view and believe the nation will suffer through a long recession.  Twenty-one percent (21%) are not sure.

By a 48% to 34% margin, Republicans expect the economy to bounce back quickly. Democrats, by a 56% to 24% margin, take the opposite view. Among independents, 43% expect a long recession while 33% think a quick recovery is likely.

It’s important to note that these dynamics are broadly consistent with pre-pandemic attitudes. Republicans were far more optimistic about the economy, Democrats more pessimistic, and Independent voters in between.

As for the prospects when the lockdown is lifted, white voters are evenly divided. Black and Hispanic voters are more pessimistic.

Investors are evenly divided–42% expect the economy to bounce back quickly while 38% think a long recession is coming.

Just 31% of non-investors expect a quick recovery while 50% disagree.

Data released earlier showed that 60% of all voters expect the worst is yet to come.

 

 

 

 

 

 

 

 

The survey of 1,200 Registered Voters was conducted by Scott Rasmussen using a mixed mode approach from April 9-11, 2020. Field work for the survey was conducted by RMG Research, Inc. Most respondents were contacted online while 217 were contacted using automated phone polling techniques. Certain quotas were applied to the overall sample and lightly weighted by geography, gender, age, race, and political party to reasonably reflect the nation’s population of Registered Voters. Other variables were reviewed to ensure that the final sample is representative of that population.

 

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