Recession Depression

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According to a new Zogby poll one in three Americans say they have been seriously impacted by the recession, and 14% say their households have been “devastated.” Also, fewer than half of all adults (41%) expect their household financial situations to return to pre-recession conditions.  Predictably, adults with lower household incomes reported being harder hit by the recession, though 1 in 5 adults with family incomes above $250,000 reported a “four” or “five” on the scale of “no impact” to “devastating.”

Perhaps playing up their cynicism Republicans indicated the most hardship (40% say they are at or near devastation, compared with 28% of Dems), and only a third of Republicans think they’ll ever make it back to their pre-recession comfort level.

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DONALD TRUMP & DEMOCRACY

Mother Jones was founded to do journalism differently. We stand for justice and democracy. We reject false equivalence. We go after stories others don’t. We’re a nonprofit newsroom, because the kind of truth-telling investigations we do doesn’t happen under corporate ownership.

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