If you read the preceding post
America in decline, if we don't stop it who will? it should be obvious that America is much worse shape than most of us realize. The implications are that no matter which side of the political fence you may ride, left or right, we are all going to suffer. It is no longer a question of "if", it is now a question of "when." The question of "when" will be answered not by politicians of any political party, but by how long it will take, "WE THE PEOPLE", to get OUR stuff together.
Yes, the economy is rotten and fore-closure gate coupled with QE II will only insure that it is going to get worse. Kicking the can down the road on the hopes that our grandchildren will foot the bill will no longer work. It is coming due, NOW!