Poll: 3 In 4 Americans Say We're In A Recession

Poll: 3 In 4 Americans Say We're In A Recession

More than three in four Americans think the country is in a recession, a USA TODAY/Gallup Poll over the weekend shows, reflecting a crisis of confidence that economists say could make the economy worse.

As the Federal Reserve expanded credit to securities dealers and President Bush said his administration had taken "strong and decisive action," the poll revealed pessimism about the economy's direction.

Seventy-six percent of those polled said the economy is in recession, compared with 22% who said it's not. Not since September 1992, two months before President George H.W. Bush lost re-election, have so many said the economy was in such bad shape.

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