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9/12/13

US Economy: Five Years after Market Crash, U.S. Economy Seen as ‘No More Secure’

Five years after the U.S. economy faced its most serious crisis since the Great Depression, a majority of Americans (63%) say the nation’s economic system is no more secure today than it was before the 2008 market crash. Just a third (33%) think the system is more secure now than it was then.

Large percentages say household incomes and jobs still have yet to recover from the economic recession. And when asked about the impact of government efforts to deal with the recession, far more believe that economic policies have benefited large banks, corporations and the rich than the middle-class, the poor or small businesses.

The latest national survey by the Pew Research Center, conducted September 4-8 among 1,506 adults, finds that 54% say household incomes have “hardly recovered at all” from the recession. Nearly as many (52%) say the job situation has barely recovered.

By contrast, majorities say that the stock market and real estate values have at least partially recovered from the recession (74% and 63%, respectively). But relatively few say that even these sectors have fully recovered (21% stock market, 4% real estate values).

 Read more: Five Years after Market Crash, U.S. Economy Seen as ‘No More Secure’ | Pew Research Center for the People and the Press

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