Germany's original plan was to try to secure agreement among all 27 EU countries for a limited chang

[Javaman]

http://money.cnn.com/2011/11/28/news/economy/americans_insecurity/index.htm?iid=HP_LN

NEW YORK (CNNMoney) -- More than one in five Americans saw at least a quarter of their available household income vanish in the Great Recession, yet lacked a sufficient financial cushion, according to a report released Monday.

The situation has left them economically insecure, according to the report, which updates an Economic Security Index created by Jacob Hacker, a political science professor at Yale.

More than 20% of the nation was in this condition in the three years spanning 2008 to 2010, a sharp increase from 14.3% in 1986. Some 62 million Americans faced economic insecurity last year.

The Great Recession is also prompting deep losses among the insecure, with the median drop in income for this group hitting a record 46.4% in 2009.

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