10 reasons Americans are down on the economy

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    Experts say the U.S. economy is turning around, but many Americans just aren't buying it.

    Growth is picking up, unemployment is down, inflation is low and consumers are getting more confident. The economy is widely expected to continue improving, with most of the ingredients in place for a stronger recovery.

    Of course, it's one thing to be told things are getting better, quite another to see it and know in your bones that things have turned a corner. And for much of America, that simply isn't happening.

    Look at the exit polling from last week's midterm elections. The message in survey after survey was clear: Most people think the economy is headed in the wrong direction. Generally, when people think the country is on the wrong track, they hold the President's party responsible. That held true last week, as Democrats got soundly shellacked.

    But why are Americans so pessimistic even as the economic picture looks brighter? As it turns out, there are a number of problems festering under the surface of the recovery that people just can't ignore.

    Read on for 10 reasons Americans are down on the economy.

  • Kim Peterson

    Kim Peterson is a financial journalist covering business and the economy. She has written for several online and print publications, including MSN Money and The Seattle Times.