A Traveller's Tale: New York and US unprepared for double-dip recession

Americans worry that the recovery is faltering, says Nick Hood - and anti-Government sentiment is rife.

by
Last Updated: 31 Aug 2010

Leaving a dreary and autumnal London for New York through a strangely quiet Heathrow was meant to be a morale-boosting escape to the land of optimism and rampant entrepreneurial spirit. Instead it was a journey into a land gripped by uncertainty, denial - and a shocking level of anti-government whingeing. Americans have been turned by the credit crunch and consequent recession from headstrong consumers into frugal bargain-hunters, driven by fear of further job losses, pay freezes and a decreased sense of wealth... [CLICK HERE TO READ MORE AND COMMENT].


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A Traveller's Tale: New York and US unprepared for double-dip recession
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