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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If you're new to Mother Jones or aren't yet sold on supporting our nonprofit reporting, please take a moment to read Monika Bauerlein's post about our priorities after these chaotic several years, and why this relatively quiet moment is also an urgent one for our democracy and Mother Jones’ bottom line—and if you find it compelling, please join us.

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