Recession Woes: Half of Americans Fear Not Having Money For Christmas

One in five Americans lost a sizeable amount of their disposable income during the recession, leaving them financially vulnerable and without many options.

The number of Americans considered ‘economically insecure’ reached a new high during the period from 2008 to 2010 which spanned what is now called the Great Recession.

This news comes just as businesses hope to increase profits amid holiday sales and Christmas shopping, but half of the U.S. population is now worried that they won’t be able to buy the presents on their list because of their financial situation.

via Recession hits families hard as half of Americans fear they won’t be able to do their holiday shopping | Mail Online.