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Two years after end of Great Recession, how are we doing?

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"Corporate America, excluding the banks, came through the financial crisis in great shape in terms of their balance sheet," says Fred Dickson, chief investment strategist at D.A. Davidson & Co. in Lake Oswego, Ore. "They have enjoyed accelerating revenue and profit."

Those rising stock prices have certainly helped one group: billionaires. Two years ago, according to Forbes Magazine, there were 359 US billionaires, controlling $1.061 trillion in wealth. The magazine's assessment for 2011 found 412 US billionaires with wealth totaling $1.484 trillion.

Yet on Main Street, the view is somewhat different.

The Hudson Valley community of Poughkeepsie, N.Y., about a two-hour drive from New York City, has seen a lot of stresses and strains. But it also shows how the economy can be resilient.

Poughkeepsie is the county seat for Dutchess County. As such, it has a certain amount of built-in stability from courts, law firms, and hospitals.

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