21% of working Americans fear they’ll lose their job this year.
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Good: maybe they’ll vote the commies out of office this Fall
This is actually “good news”. Pessimism peaks just after the economy has turned. Take a look at prior peaks 74-74, 82-83, 90-91, 96….these dates tend to coincide with the preiod just after recessions have been declared over (in hindsight)..my guess is that Sept-Oct 2009 will be declared the end of the “Great Recession’, probably by the end of July…
just perused link- what’s truly frightening is that 85% of all respondents said they couldn’t last a year without encountering financial hardship
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