Unemployment is in the tank 10, 15 or 20% unemployment in some states, take your pick. Either way we are all pinching pennies as best we can. Our trade gap with China is ever widening as evidenced by the article below. Please take a minute to read the article linked below and then I will have more commentary below.
The one personal thing that I take away from the above article is that we as Americans are spending what money we do have on foreign goods. I generally like to think of Americans as a smart lot but what this shows me is our stupidity. Everyone seems to want Government to fix the economy, fat chance on that. We have an opportunity to fix it without the Govt, without a new law or some new super duper regulation, it is really simple.