Government is in denial, the media are also in denial, I think that the republican majority are in denial that this "Bush" inflicted mess is only a small hic-up in our economy. We're really in a "recession" or a "dip" they would have you believe and for most of the rich in this country it IS business as usual. But for the majority of us its hell.
Twelve million Americans are unemployed now, yet government still treats this as a small threat to middle income and below poverty America. They allow our unemployment benefit extensions to cease (Nancy Pelosi) and they allow our home's to be foreclosed, not only due to no work but due to pre-bubble inflated home values and mortgages we can no longer live with. Still jobs are no where in sight even after supposedly so many have been created, where? where are those jobs?
Education? Can you believe a degree can cost $70K ($70,000.00 USD) and be financed by one conglomerate like Sallie Mae? That Sallie Mae is charging 10% or higher interest as opposed to the normal 4-5% previously charged rates? Sallie Mae also will fiance your private and government loans under your own credit initially, but in order to remain financed later on when your part way through they all of a sudden require a co-signer? That there is no guarantee you'll even receive an interview from an employer in your chosen field by your College upon graduating? Entry level jobs rarely exist. Sallie Mae will offer you the customary forbearance but then will pass you on to collections and call you 3-4 times a day 7 days a week hounding you and threatening you for money or face wage garnishment. If your like me and out of work with only your spouse working a garnishment is like a boot to the curb.
On top of these terrible things we also have the issue of illegal immigration and what to do with 10 million or more Mexican illegals in this country. States not effected by the immigration issues have no sympathy nor do they understand the strain on financial services and taxes etc in the States that ARE directly effected by Mexican illegals. We have higher deficit due to the reliance of illegals on the medical and financial system of welfare. We have higher crime rates as criminal illegal aliens are committing crimes in our States and then fleeing back to Mexico. Mexican illegals are refusing to help law enforcement agencies with investigations due to their fear of deportation which should happen regardless. Illegals are illegals and must be dealt with as such, illegals have no legal rights as American citizens therefore their children also do not have rights in this country under illegal parents. Although this seems unrelated to the depression it is also a big factor in it. Less strain on each of the effected States means better growth for its legal citizens. The ridiculous lawsuit brought on by Obama towards SB1070 shows his naivety of American security which is deadly after such events as 9/11.
On top of it the corruption we face at Wall St. and the banks is having a detrimental effect on America. Big business having its hands and fingers in our elections and their results is having a terrible effect on America. We need to stop big business from influencing a purely people matter its not their place. We need government to stop screwing around with the Constitution of the USA, it was written by the people for the people and should only be changed or amended if ALL of America has a vote in it.
We need job creation on the poor to middle class levels that pay above poverty line and inflation line rates so people can dig themselves out and actually provide not only for the immediate but also for the future. We're in turmoil in America as now the Republicans and Democrats play a finger pointing game as November elections approach. Each blaming each other, we know the Republicans fucked it up but can the Democrats fix it? So far we're not convinced Obama has the right stuff to do it and lets face it time is critical we don't have a decade to give him or any political party for that matter. We need change and we need it over night. We need a government that works as one unit not separate spoiled brats fighting over the best toys.
While they now make their promises of a better future there are people loosing homes every day, There are people having to go to soup kitchens, there are people going without medication (such as my wife at 61), there are people loosing hope and facing new problems like alcoholism and drug use and mental depression or other illnesses. We need to stop sending money out of country when we need it right here and now.
We need help Government, we need to you to admit to the shit, we ARE in a depression and you need to work together to get ALL AMERICANS out of it.