By Keith Griffith For Dailymail.com
Published: 19:42 BST, 14 June 2019 | Updated: 19:42 BST, 14 June 2019
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Many Americans say their financial situation has failed to improve or even gotten worse since the Great Recession, indicating that the rising tide of the recovery has not lifted all boats.
Among those who were adults when the recession began in December 2007, 33 per cent say their financial situation has not improved, while 23 per cent say it has actually gotten worse, according to the new survey from Bankrate.
'The echoes of the financial crisis and Great Recession remain very present in the financial lives of many Americans, despite the improvement in the broader economy,' said Mark Hamrick, Bankrate's senior economic analyst.
'While some have managed to prosper in the decade since, there are still tens of millions who are struggling to even get back to where they were before the economy took a turn for the worse.'
Among those who were adults when the recession began in December 2007, 33 per cent say their financial situation has not improved, while 23 per cent say it has actually gotten worse
Among the different generations, 25 per cent of baby boomers said they were worse off, compared to just 19 percent for the Silent Generation and millennials.
In July, the U.S.