In the face of today’s extraordinary bull market and other positive economic signs, memories of the Great Recession remain strong for many voters, Winston writes. (Drew Angerer/Getty Images file photo)
OPINION — This September marks the 10th anniversary of the economic collapse and failure of Wall Street banks and companies. It recalls one of the most scarring events for Americans, as they remember the fears, anxieties and financial trauma that they, their family and friends, their communities, and the country as a whole experienced.
In exit polls from the 2008 presidential election, 85 percent of voters said they were worried about the direction of the nation’s economy, with 50 percent “very worried.” Eighty-one percent said they feared that the economic crisis would harm their family’s finances over the next year, with almost half “very worried.” That level of personal concern about finances doesn’t go away overnight.