Even though the recession was declared officially over in June 2009, it doesn't feel like that for people still looking for work or unable to spend like they used to. But New York Times reporter Louise Story tells us that it may not ever feel like that.
"Everyone's expectations may need to be adjusted," she says. "People are thinking of 2006. and feeling like we'll feel like the recession is over when we feel like that again. We're not going to feel like that again. That was a credit bubble. We are going through a massive deleveraging that will be going on for a decade."
The economy is recovering, but economists say times won't ever be as flush as the pre-recession days. What would it take for you to feel as secure as we did back then? What would it take for you to spend or borrow again? Let us know here and see what others are saying.