Seven years after the financial crash of 2008, AEI Senior Fellow and polling expert Karlyn Bowman examines how the crash affected, and continues to affect, public opinion on the economy. She notes that in the fall of 2008:
“[M]any Americans feared that the country’s economic system would collapse. The poll results from the time were dire, and it is only in looking back on them that we can appreciate how unusual those responses were. The Reuters/University of Michigan October 2008 preliminary report on consumer sentiment registered ‘its largest monthly decline in the [50-plus-year] history of the surveys.’
Americans have still not fully recovered from the crash. They remain uncertain about the economy’s trajectory and the security of the financial system, and these sentiments will affect the 2016 campaign. Recent poll findings make it clear that things have improved, but as the findings of our new AEI Public Opinion Study and of the latest AEI Political Report suggest, there is considerable distance to go.”
Read the full piece, “Still feeling the crash.”
To arrange an interview with Karlyn Bowman, or another AEI scholar, please contact AEI Media Services at mediaservices@aei.org or 202.862.5829.
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