Locals Discuss State of Economy Post Recession
Written by Your 5News Team
Last updated on August 25, 2013 @ 11:58AM
Created on August 24, 2013 @ 11:41PM
The nation as a whole may be in better shape four years removed from the recession, but that doesn't mean that people's paychecks have improved.
In fact, the median annual household income is just over $50,000. That means it has fallen 4.4% over the past 4 years.
Many people still think the country is in a recession, and it may change the way they vote in upcoming elections.
"Is the economy better, no not at all, it's worse. It doesn't show any signs of getting any better. People aren't finding jobs and if they are finding jobs they can't find jobs full time. With Obamacare coming up no one can afford the insurance, so they're giving people part time hours," said Susan Monroe from Harrison County.
According to the Gallup poll, the unemployment rate has dropped to nearly 9%, but the rate of the underemployed still remains high. Some people in our area said they still believe Americans are in good shape and that spending has increased across the board.
"My opinion is that the economy isn't as bad as the politicians in Washington lead us to believe," said Roger Wyke.
People have all been affected differently by the recession and opinions about the current state of the economy will continue on.
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