December 28, 2010
“People are getting affected emotionally,” said Keith Springer, a financial advisor in Sacramento, California, citing the seeming political deadlock in Washington as one factor influencing public sentiment.
“On top of that, unemployment isn’t dropping – you have a split between the ‘haves’ and the ‘have nots’ in this country.”
He also said the weak housing market was wearing people down.
“Without strong housing collateral for banks, you really can’t get a spur in economic growth to reduce unemployment,” he said.
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