Nearly 9 in 10 Americans are fearful that the US economy will collapse amid the coronavirus pandemic, a new poll found.
The survey, released Tuesday by Axios/Ipsos, found that the worry cuts across the political divide, with both 89 percent of Republicans and Democrats saying they’re “somewhat, very or extremely concerned” about widespread economic fallout due to the COVID-19 outbreak that has killed more than 56,000 Americans as of Tuesday.
“As economy woes stick around and health challenges subside a bit, the economy’s going to become front and center,” said Cliff Young, president of Ipsos US Public Affairs. “There’s going to be increasing pressure to open up. But there is less tolerance for easing among Democrats.”
Eighty-eight percent of Democrats polled said they’re worried about their communities reopening from coronavirus lockdowns too soon, compared to 56 percent of their Republican counterparts. Overall, 74 percent of respondents said they’re “extremely, very or somewhat” concerned about a premature return to their lives.
The poll also found that more than a quarter of Americans know someone who has been diagnosed with COVID-19 and roughly 1 in 8 knew someone who has died from the disease.
But the partisan divide continues to be a prime factor regarding when to reopen the country, with 58 percent of Republicans saying that a return to their pre-coronavirus lives starting tomorrow would constitute a major risk, compared to 84 percent of Democrats.
Separately, 28 percent of Americans said their mental health has worsened, down from 34 percent in early April. The number of respondents who said their ability to do their job has diminished also dropped from 47 percent earlier this month to 33 percent, the poll found.
“Americans are acclimating as fewer report negative impacts on their mental health, emotional well-being, stress, and ability to do their jobs,” the poll found. “Additionally, fewer people report shortages or inability to find staple items.”
The poll of 1,021 Americans, which conducted Friday through Monday, has a margin of error of plus or minus 3.4 points.