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The Journal of the American Enterprise Institute

What Recovery?

11/16/2009 

Despite assurances from Federal Reserve Chairman Ben Bernanke and other economists that the recession is likely over, Americans aren’t buying it. In a new ABC News/Washington Post poll, 82 percent said the recession wasn’t over, while only 16 percent said it was. In a question asked by CNN and the Opinion Research Corporation at about the same time, 17 percent said the economy is starting to recover, 50 percent that conditions have stabilized and aren’t getting worse, and a third that the economy is still in a downturn with conditions getting worse.  

Source: CNN/Opinion Research Corporation, October 2009.