Many of us on here have discussed these sorts of issues before, but it's rather telling that the mainstream media is starting to take notice.
Key points:
- Only 45% of Americans today believe their children will live better than them
- From 2001-2008, average household income has declined
- "the typical American worker has fewer years of education"
- "either taxes will need to be raised across the board or the government will inflate the money supply enough to take care of the debt." [I'm glad I'm not the only one realizing this]
Interesting read, whether or not you completely believe it.
http://caffertyfile.blogs.cnn.com/2008/06/10/is-the-american-dream-dead-or-just-wounded/
The problems facing us today are very deep, very bad and there's no "silver bullet" for any of them. Storm clouds on the horizon. I just hope to keep my bow into the waves and trimmed to ride through it.