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 families are drowning in debt and all of the recent polls show that the faith of the American people in our economy is eroding. As you read the statistics in this article, try to keep in mind that there are scores of families from coast to coast that are barely surviving from month to month. It can be a soul-crushing experience to work as hard as you can and yet just barely be able to pay the mortgage and put food into the mouths of your kids. The reason why so many Americans believe that we are in a “recession” or a “depression” is because that is what they feel like they are living through every single day. (Read More...)