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Old 04-22-2015, 04:57 AM
761 posts, read 637,648 times
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Not sure how many have seen this or if it was already posted:

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Old 04-22-2015, 09:34 AM
Location: Loudon, TN
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I think this mirrors the increased optimism around the economy that has been recently reported. And of course the big rebound of the stock market is probably the primary cause.
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Old 04-22-2015, 04:32 PM
Location: Los Angeles area
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I read the summary of conclusions at the beginning of the study, then scrolled down through it to the end in order to read the methodology section. For those who didn't click on the link, this is a very sophisticated study with meticulous analysis of the data. They did telephone interviews with slightly over 2,000 individuals over the age of 25, divided almost exactly in half between retirees and people still working. There are statistical methods which tend to assure that a representative sample of all U.S. workers and retirees is reflected even in that numerically small actual sample, but I do not pretend to understand them.

I agree with TheShadow in post #2. The economy has been gradually improving for several years now, and it would make sense for that to be the driver of increased measures of confidence.

Of course a rising tide does not lift ALL boats, economically speaking, but it does lift the majority of boats. The Great Recession of 2008 was a hell of a blow to a lot of people, so it stands to reason that confidence levels had no where to go but up thereafter.
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