Five years after the market collapse a just released PEW survey shows that the vast majority of Americans believe that wealthy people (59%), large corporations (67%), and financial institutions (68%) benefited most from the bailout programs. More than 7 out of 10 Americans believe that the poor and the middle-class did not benefit much (or not at all).
At the same time 63 percent of Americans believe that the U.S. economic system is no more secure today than it was before the market crash in 2008. Worse, more than 98 percent of respondents make it clear that household incomes and the job situation has recovered "partially" or "hardly at all."
With the stock market reaching record levels today, and with record profits in the financial sector, these numbers help to remind us that things aren't right in America.
- Mark
At the same time 63 percent of Americans believe that the U.S. economic system is no more secure today than it was before the market crash in 2008. Worse, more than 98 percent of respondents make it clear that household incomes and the job situation has recovered "partially" or "hardly at all."
With the stock market reaching record levels today, and with record profits in the financial sector, these numbers help to remind us that things aren't right in America.
- Mark
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