With 9% unemployment (25 million) and 16% unemployment/underemployment, real estate worth plummeting by 1/3 and falling, suburbs become enclaves of the poor and dispossessed, permanent psychological damage after 6 months of job-search failures, a destitute nation with a $800 billion military budget… experts are now beginning to debate whether to call the current Recession a downright DEPRESSION.
One thing they agree on is that the American STANDARD OF LIVING will be lowered, likely for good – the beginning of the end of materialist orgies for the masses, e.g. Xmas-madness. This is the way it should be, and will have to be, since an over-high standard of living, i.e. living beyond ones means, both personally and nationally, is one of the prime reasons for the recession/depression in the first place.
[How Unemployment is Tearing America Apart]
Anthony Marr, Founder and President
Heal Our Planet Earth (HOPE)
Global Anti-Hunting Coalition (GAHC)