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Pessimism Surges as 72% See U.S. Economy on Wrong Course in Poll

Americans’ pessimism about the economy has deepened and confidence in both political parties has fallen with only 20 percent saying the country is on the right course even as they remain divided over solutions.

Just 9 percent of people say they are confident the economy won’t slide back into recession, in a Bloomberg National Poll. A majority says it will take at least six more years for home values in their community to recover to pre-recession levels.