Friday, October 24, 2008

Economic Downturn Leads to Angry, Worried Feelings


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PsychCentral reports that the economic downturn has Americans feeling angry and worried.

Americans Are Angry

On a personal level, 41 percent of the 802 respondents were very angry about the current financial challenges and 32 percent were moderately angry.

Respondents were similarly fearful, worried, and sad. Only 19 percent felt they could adjust to what happens because of the financial crisis; 51 percent said they had no or only slight influence for controlling the impacts on their lives.

Respondents said they felt the economic downturn was more a threat to their safety than terrorism. Few participants felt trusting of the conduct of government or business leaders in handling the situation.

A similar study done in March 2001 found respondents were much more optimistic despite a 69 percent downturn in the stock market during that year.

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