go to hell in a handbasket

To be in an extremely and increasingly bad or ruinous condition; to be on the inevitable path to utter failure or ruin. With the way he's running things, the company is going to hell in a handbasket! After our funding was cut, our project went to hell in a handbasket.

To deteriorate rapidly. This expression, originating in America in the early twentieth century, owes its appeal to alliteration. It also makes sense: something carried in a handbasket is light and easily conveyed, whence the phrase can mean going to ruin easily and rapidly. However, more likely it is simply an alliterative elaboration of gone to hell, which has meant ruined or destroyed since the early nineteenth century. The cliché tends to be applied to large generalities, as in “The economy is about to go to hell in a handbasket.” See also go to the devil; go(ing) to the dogs.

Heading for trouble. The expression might possibly have been inspired by the heads of decapitated prisoners falling or being dumped into handbaskets or handcarts. The “handbasket” alliteration following “going to hell” caught on and was applied to anyone whose behavior was likely to lead to an unhappy consequence.