Posts by Rick Newman

  • Why Americans are so gloomy

    Rick Newman at Yahoo Finance12 days ago


    Americans ought to be feeling better these days. Companies are hiring again. Layoffs are uncommon. Congress has left town for more than a month!

    Yet we seem to be gloomier than ever, even amid tangible signs of improvement in the economy. The latest Wall Street Journal/NBC News poll found that 76% of adults lack confidence that their children's generation will end up better off than their own. When pollsters asked the same question in 2007, just 60% answered that way. Beyond that, 71% think the country is on the wrong track, while 60% say America is in a state of decline. “Americans are registering record levels of anxiety,” the Journal declared.

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