Americans say they have weathered the worst of the longest recession in seven decades, even as they are pessimistic about prospects for their retirement years, according to a Bloomberg National Poll. Three in five respondents to the Oct. 7-10 poll say their economic condition has improved recently or they are confident it will get better. One in three say things have gotten worse or aren’t likely to improve anytime soon. “I see some hope, but not a lot,” says poll respondent Brian Ridlon, 34, an out-of-work resident of Green Mountain, Arkansas, who wants to learn how to become a barber. “There are some avenues to improve yourself, but we need more.”
Americans pessimistic about prospects for their retirement, children
October 13, 2010, 9:22am
Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio
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Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio
