Didn't read it. The West is in economic recovery, not depression. The United States GDP was healthy for 2011, and it is projected to be healthy for 2012.
As staggering as 8% unemployment is, 92% are employed and coping, so this entire premise is outlandish to me.
Population growth was low for 2011, but will increase with the economic conditions.
Although I pretty much agree with what you're saying, the unemployment rate does not include the amount of people are unemployed and stopped looking for a job, or those who only work part-time and are considered "underemployed". The amount who are "employed and coping" is definitely less than 92%.
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