The article "It's not about socialism, it's about rescuing capitalism," by Harold Meyerson, is a great article about how this economy has got into worst debt. This article is to inform American society about the continuous years we are adding up debt.
Americans are now saving every penny they can get to survive. Jobs everyday laying off people, rising cost of groceries increase, etc. The dollar has lost value it is not worth much to America anymore. People go out when there is a say kids eat free night, coupons, getting gift cards for spending so much etc. America is not doing so hot, we are digging deep into a cold island with numerous getting lay-off. Debt gets racked up with young adults getting a great paying job, buying a house, and nice car then reality hits them in the face. Some racking up the credit cards one after one, getting into huge debt.
America needs to wake up, take time and look around, America is not getting any better this is just the beginning trying to get out of debt. This debt will take many years it will be passed on to great great grandchildren. We can only hope and pray that this debt will not hurt America anymore, that it will help out the need.
