The Middle Class Blues
When it comes to anxiety about family finances, an old truism applies: Where you stand depends on where you sit. Or, more precisely, on where your house or apartment sits.
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Summary of Findings Public views of the U.S. economy, already quite negative, have plummeted since January. Just 17% currently rate the nation’s economy as excellent or good, down from 26% last month. The percentage of Americans rating the economy as “poor” has increased even more dramatically, from 28% to 45% in one month. Moreover, there […]
In recent months, the U.S. stock market has seen record highs coupled with dramatic sell-offs, its volatility fueled by the sub-prime mortgage and credit crisis, the weak dollar, and oil prices heading toward $100 per barrel. At the same time, the public has grown increasingly worried about the state of the U.S. economy. Yet these […]