A recent Reuters poll revealed some interesting insights into the mindset of many Americans today. A large majority (73 percent) revealed that they believe we are “off on the wrong track”. Nearly half of those polled (47 percent) also believe that the “worst is yet to come”. This is up 13 percentage points from a year ago. Of course this all comes on the heels of the contentious congressional debt ceiling debate, the first credit rating downgrade in United States history, a two-week roller coaster ride in the stock market, and a jobless rate that is almost 10% and stagnant in many parts of the country. Some experts believe that number could be as high as 22-25% when you factor in the underemployed and those who have stopped looking for work, altogether. (Read more....)
