One of the most jarring complaints voiced by voters in the most recent mid-term elections was that, for them, the 2008-2010 Great Recession has never ended.
Thorough investigation of these complaints disclosed that a majority of American households now have less wealth than they did 25 years ago. This disturbing statistic was disclosed by the Center for Economic and Policy Research in a report on the 2013 survey of consumer finance. This analysis shows little or no gains, especially for the older age group as they near retirement.