Survey: Recession puts 50% of Americans in worse financial shape

06/30/2010 | Washington Post (tiered subscription model), The

More than 60% of Americans said they've cut spending and borrowing since the economic downturn, according to a Pew Research Center survey. Almost half of respondents said they were financially worse off after the recession. The situation could have profound consequences for the U.S. economy, which depends largely on consumer spending to grow.

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Washington Post (tiered subscription model), The

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