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Are you better off?
No doubt, the economy is gloomy. But how are you doing? It's a question the candidates are asking - and an issue that Americans are dealing with every day.
NEW YORK (CNNMoney.com) -- The statistics are grim: Inflation is at a 17-year high. Unemployment is rising. Foreclosures are spreading.
For many Americans, however, these figures are simply numbers. They are still gainfully employed and paying their mortgages. Sure, they are shelling out more for gas and groceries, which might prompt them to skip a movie or a dinner out. But overall, they are still better off than they were when America's last recession ended in November 2001.
full story
No doubt, the economy is gloomy. But how are you doing? It's a question the candidates are asking - and an issue that Americans are dealing with every day.
NEW YORK (CNNMoney.com) -- The statistics are grim: Inflation is at a 17-year high. Unemployment is rising. Foreclosures are spreading.
For many Americans, however, these figures are simply numbers. They are still gainfully employed and paying their mortgages. Sure, they are shelling out more for gas and groceries, which might prompt them to skip a movie or a dinner out. But overall, they are still better off than they were when America's last recession ended in November 2001.
full story