The U.S. economy has nearly recovered. Now someone has to convince Americans. Nearly half think the United States is still in recession, according to a recent Wall Street Journal poll. Some 76 percent don’t think their children’s generation will have a better life than they did. Americans are right to think they are worse off: Even if they have recovered financially, they have become aware that the economy is riskier than it used to be. They might never bounce back from that.
The Psychological Damage of the Recession Is Not Going Away
My downward spiral started late last year, with a dark and hopeless mood that awaited my awakening each morning and was accompanied by a...