WASHINGTON -- It is becoming clear that the Great Recession has left a deep and possibly lasting scar on the American psyche. From CEOs to ordinary families, we are a nation that is more cautious, more fearful and more risk-averse. This widespread and -- so far -- indestructible anxiety has hobbled the recovery and helps explain the slow pace of job creation. The economy's revival depends in part on risk-taking, but risk-taking is in eclipse. There is a wall of worry, whose cause transcends the recession's severity. We now fear not only what we know but also what we don't....
Source: http://www.realclearpolitics.com/articles/2010/12/13/the_flight_from_risk_108220.html
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