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"Is American Better Off Today Than It Was Four Years Ago?"

Updated: Thu 10:02 PM, Sep 06, 2012

"Is America better off today than it was four years ago?"

That's the question we asked community members to find out what they think.

"Obviously not. I'm a liberal when it comes to social issues, but as far as economic issues, I am really a conservative. And he's just gotten us further and further into debt," Carol McCormack of Bowling Green says.

"As a parent, you know they get to stay on our insurance until they are 27 years old. To me, that means a lot," says Clinton County native, Debbie Conner.

"We've had four years running with trillion dollar deficits. Somebody's got to pay it," says Bobby Ward of Bowling Green.

While the economy is improving, economists are saying it isn't improving as fast as expected.

"The problem is the economic recovery has been the slowest economic recovery since the great depression," says WKU Study of Capitalism Professor, Dr. Brian Strow, "Average earnings are down, average income is down, average wealth is down. So households are poorer and they're making less money then they did four years ago."

However, that trend is not necessarily the same for Bowling Green.

"The unemployment rate has not see a huge spike upwards. So, of all of the places to be in the United States, Bowling Green seems to be a pretty good place to weather the recession," Dr. Strow says.

Homes sales also seem to be stabilizing both nationally and locally.

"Most of our prices have stabilized. And I would just say that most sellers are getting about 95 percent of their asking price right now. Mortgages rates are at an all time low," says Realtor Assoc. of Southern KY Pres. Steve Davis.

But, that doesn't keep people from worrying about their future.

"I feel sorry for my grandkids and my great grandkids because I'm not sure what's going to be out there for them," Bobby Ward says.

A slow recovering economy could sway some votes for this coming November.


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