The Downside of an 'Ownership Society'

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The advent of the “ownership society” must seem like an awfully mixed blessing to the owners of stocks that have tanked during the current recession. An Associated Press-GfK Poll fielded last month found that plenty of people are very worried about the value of their investments, as well they might be. Forty-eight percent said they worry “a lot” about “seeing the value of your stocks and retirement investments drop.” Another 21 percent said they worry “some” about this.

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