I agree with virtually everything here. I believe the economy is in serious trouble and it is not getting better soon. I firmly believe that the deficit reduction talks will result in an agreement that will damage the nation severely in the short term, savagely in the long term and serve as the final nail in the coffin of the middle class.

The prosperity and well being of individual Americans making less than a quarter of a million dollars a year no longer registers in any form whatever in the concerns of the governing class.

James Pilant

The American Dream July 7, 2011 If you do not want to feel really depressed, you might not want to read this article.  The U.S. economy is coming apart at the seams, and there are a whole lot of indications that things are about to get even worse. After a time of relative stability, the pace of job cuts is starting to pick up again, inflation is rising but paychecks are not, the U.S. housing crisis shows no signs of ending, millions of American f … Read More

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