Secular Café: Is economic mess permanent?

Secular Café For serious discussion of politics, political news, policy, political theory and economics and events happening round the world

Is economic mess permanent? Feb 7th 2013, 19:01 This is in the USA, but one wonders about the rest of the world. http://www.huffingtonpost.com/2013/0...n_2637938.html Quote: More Americans believe today than they did two years ago that their country will never fully recover from the Great Recession. Fifty-six percent of Americans surveyed by the John J. Heldrich Center for Workforce Development at Rutgers University in August 2010 said they believed the Great Recession would permanently change the economy. In a January follow-up survey, 60 percent of respondents agreed with that sentiment. "Five years of economic misery have profoundly diminished Americans' confidence in the economy and their outlook for the next generation," Rutgers professor and survey co-author Carl Van Horn said in a statement. Most survey respondents -- 73 percent -- had either lost their jobs or knew somebody who had. More than half said they have less money than they did before the recession, and 61 percent believe they will never fully recover... ...Of workers who've found new jobs after being unemployed, 54 percent said they were making less money -- a finding that echoes data from the government's annual survey of displaced workers. How much responsibility is borne by Congress?

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions