Mark Gongloff — Why Half Of America Incorrectly Thinks We're In A Recession

The Great Recession ended more than five years ago, but good luck trying to convince many Americans of that.Nearly half of all Americans, 49 percent, think the recession never ended, according to a new NBC/Wall Street Journal poll. And that number actually represents progress, since 57 percent felt that way in March. In fact, many polls have consistently shown that most Americans have long thought the recession, which officially ended in June 2009, is still ongoing.The new NBC/WSJ poll has a chart that helps illustrate why this might be: Despiterecord levels of hiring and record highs in the stock market, huge numbers of people say they're still feeling the recession's effects. Here's the poll data:

Summary: It's the capital share v. the labor share.

The Huffington Post
Why Half Of America Incorrectly Thinks We're In A Recession
Mark Gongloff