Jobs
Fortune Magazine suggests that mainstream economists are "completely oblivious" to the fact that the jobs may never come back. Doesn't bode well for the rest of us.
It's estimated that in the next 10 years more than 40 percent of jobs could be such temporary positions; and that within the next few decades, full-time employees might become the minority of workers in this country. That means most workers won't have benefits like health care, paid vacation and retirement plans - all things many of us have taken for granted for years and years.
Increased work hours make up for the people that have been cut.
Economics
It Is Now Mathematically Impossible To Pay Off The U.S. National Debt. the U.S. government now owes more dollars than actually exist.
Fed Chairman Ben Bernanke predicted that our national debt will double to $20 trillion or 100 percent of our gross domestic product by 2020.
The U.S. national debt will reach 100 percent of GDP by the year 2015.
The FDIC's list of problem banks recently hit a 17-year high.
In March, the price of fresh and dried vegetables in the United States soared 49.3% - the most in 16 years.
Foreclosures continue to set records across the United States. RealtyTrac, the California-based authority on property trends and valuations, projects that there will be 4.5 million home foreclosures before the end of this year.
According to the U.S. Department of Agriculture, about 39.4 million Americans, a new all-time record, received food stamps in January.