Financial and economic matters look grim in the U.S. (and Europe and developing countries like China and India). The future, however, could look grimmer if the U.S. tries to loosen the grip of growing debt by taking on more debt, i.e., stimulus spending.
My recommendations: Reduce your anxiety and unease related to economic recovery.
Reduce spending, pay down debt, save money for the future, learn to adjust to the smaller economy and lifestyle we can actually afford.
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