Depressing: How the Great Recession Has Affected Families

Its really sad to see once prosperous families now ruined due to one of the greatest economic cons ever perpetrated upon the people of the planet.

Our “masters” wish to demote each of us to the mere level of serfs. As the rich cruise about in their fancy cars, remaining virtually unaffected by the game of greed being played by Wall Street, you and me are finding it increasingly more difficult to put a tuna-fish sandwich on the dinner table. -Grant J. Kidney

As the economy falters, families that lost homes and livelihoods in the Great Recession are increasingly confronting the possibility that they may never fully recover. Previous recessions have taken a lasting toll, reducing family earnings and children’s odds of academic success.

Three years after the economy imploded — and two years after the recession officially ended — The Times followed three families struggling to regain their footing. The Petersons, the Longs and the Tuckers come from different backgrounds; their future prospects vary.

But some of their experiences — diminished expectations, strained family relationships, crises of self-confidence — are becoming more recognizable amid growing fears that the country may be slipping toward another recession.

Source: LA Times
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