How is our economy doing?

[TheRealMafoo]

It's bad, and it's getting worse. We are on a path towards bankruptcy as a country.

Here is the blunt truth about our future.

We as a nation have been living above our means. We have been living a lifestyle we can't afford, and what we are doing now is trying anything we can to keep the lifestyle going, and in many way improving it.

We are about to expand governments costs and role in out lives to a level never seen before in the US. It's going to cost 3 times more to run the country in 2010 then it did in 2007. We plan to spend this money without collect much more in income.

I equate this to a family with 10 credit cards maxed, debt up to there ears, and a house about to be foreclosed, going out and buying a new car.

The only way you can come out of where we are, is to live a lifestyle below our means until we get caught up. We are not willing to do so at the moment, one day we will have no choice.

So, don't worry about starving to death, but don't expect to live like it's the 90's again in your lifetime.