Fading optimism in ‘new normal’ America

Bernd Debusmann

By Bernd Debusmann

Optimism is so deeply embedded in the American national psyche that it withstood the Great Depression in the 1930s and a string of recessions since then. But in the era some economists call “the new normal” in America, optimism is fading.

So say public opinion polls that ask Americans how they see the future, theirs and their country’s. One recent survey, by the respected Pew