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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Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

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