Posts tagged as:

economic recovery

The New American Consumer: Traumatized or Tamed?

August 8th, 2009

While reading a recent Washington Times article I was struck by this quote: “Americans were more traumatized by this recession than any in the past 80 years,” said Bernard Baumohl, chief global economist at the Economic Outlook Group. “They suffered historic losses in personal wealth and watched helplessly as employers were firing workers at a [...]

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