Posted on 06/15/2019 9:07:43 AM PDT by EdnaMode
The Great Recession has officially been over for a decade. For many Americans, there’s little reason to celebrate.
Many people’s finances haven’t recovered from the recession’s blows, according to a new survey by personal finance website Bankrate.com.
“There are still tens of millions who are struggling to even get back to where they were before the economy took a turn for the worse,” said Mark Hamrick, senior economic analyst at Bankrate.com.
More than half of Americans who were adults amid the Great Recession said they endured some type of negative financial impact, Bankrate found. And half of those people say they’re doing worse now than before the crisis.
Fewer than half (46%) of those who were adults at the time of the recession say they’ve seen their paychecks grow since before it began. More than a third of those who say they, or their partner, lost a job during the recession say their pay has actually dropped from before the recession. More than 2,700 adults were interviewed online in May.
(Excerpt) Read more at cnbc.com ...
Consultant in Finance/Risk Management. I usually work for large banks. They are absolutely teaming with H1b Indians and have been for several years.
I got over it fast when I watched us horsewhip fsu in the Sugar Bowl for the national title the very next year. I and the rest of the crowd spilled out into Bourbon Street and partied all night.
You are correct. “Many people” Many Americans”? Exactly how many people were questioned and what were the demographics? 79% Socialist? LGBQT? This is bogus.
The lefties are setting the stage. First the ‘inevitability polls’ and then the ‘economy is really bad’ droning.
hmmm, well maybe then they have or are expecting some support somewhere from some fancypants liberal economists at fancypants liberal east coast universities...
We’re doing a lot better under Trump, but yeah, the biggest wealth suck we’re dealing with right now is Obamacare. Fortunately, we can pay for it, but I would prefer my old health insurance. So far, Obamacare has cost us about $30,000+ in higher co-pays and premiums for the last 9 years that we wouldn’t have paid with our old insurance.
Exactly.
With deductibles around 10k, what’s the point?
We’re basically paying for catastrophic care at gold-plated premiums.
I truly despise the Democrats.
Finally something Obama can take credit for....
Exactly so.
The will not survive if the majority goes socilist. Already the Dems are trying insuccessfully to resusciate their party. PREDICTION: They will fail.
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