Combine this news with the reality that our debt is skyrocketing, social security and medicare are hurting, unemployment is still hovering at or above 9%, and you have the perfect storm.
I firmly believe we never came out of the "Great Recession." Artificial life support inflated the numbers to make things look a bit better, but now we are back to square one, with another 2 trillion in debt to boot.
This is our new reality. It's more than a recession or depression. It's a fundamental shift in the American way of life.