Despite claims that the recession is over, the economy just doesn't look good from here... does it from where you are?
A lot of people are cutting back, trying to pay off debt and build up savings, "just in case." They're trying to get themselves into a situation where they should have been long ago. In a way, that's good. And in a way, it's bad because it takes even more money out of circulation.
There seem to be more layoffs and company closings, just as many home foreclosures with almost a feeling of quiet panic in the air. We all see the economy through our own eyes. If you've lost a job or a home, it's worse; if you're still working and have your home, it doesn't seem quite so bad.
Either way, it's different. It may never go back to where it was, which in a way is good. And in a way, it's bad.
The worst part, for many, may be adjusting to it. The economy is not what it was and it probably - even hopefully - will never be the same. Ever spiraling inflation, new, pointless products "invented" every day, malls and credit cards and high fashion followers make for a shallow populace.
I think America is better than that. Given a chance, we will survive and be the better for it.