Now that Obama has a second term, how do you feel about his handling of the economy, and his plans for the future of our economy? During his 2008 campaign, he blasted GWB for increasing debt by 5 Trillion in his two terms, but then went on to exceed that himself, in just one term. His inauguration speech mentioned prosperity for all, the "broad shoulders" of the middle class, etc. which contrasts sharply with the reality of today. IMO the economy is the most pressing issue in this nation right now, yet it seems to be ignored by all, swept under the rug, to deal with "later". The middle class is shrinking due in large part to two decades of manufacturing industry job losses (primarily to China). Federal government spending, debt, and budget deficit are all through the roof, at record high levels. The numbers of people on welfare, unemployment, and food stamps are all at record high levels. All this, and yet the nightly news wants to focus on gun laws, or what dress Michelle Obama wore. Anything but the economy. Gov't debt is almost 100% of GDP - I.e., we aren't going broke. We ARE broke. Federal gov't has been raiding every possible source, social security, medicare, anything to make ends meet, at least on paper. Look for 401k's to be nationalized next, and turned into one more cash pile for them to rob. China has been unloading our bonds and buying ever fewer of them. The debt is at the point where it is no longer practical or even possible to pay it off. It would require a massive cut in federal spending, which you and I know will never happen, not under either of our political parties. The only alternative is to print enough cash to pay it off, which would of course cause massive inflation. It seems that is their interim solution at least, considering the Fed is printing upwards of $40 billion PER MONTH. In fact, this is the sole difference between our economic woes and those of bankrupt Greece - we have the ability to print more money as we see fit, while Greece did not. The real problem is the govt has taken over such a huge portion of the economy. When govt debt exceeds GDP, that means govt influence in the economy is larger than all commercial activity combined. Add to that the massive regulation that big business loves (even if they say they don't) because it creates entry barriers, and you have a recipe for a govt-run economy that goes beyond anything Marx or Lenin dreamed of. IMO we have another Great Depression heading our way, and it's coming sooner rather than later. Your thoughts?