If you cut away all the economist talk and get down to the core of the problem it's very very simple: For the last 8 years America has been spending more than i

If you cut away all the economist talk and get down to the core of the problem it's very very simple: For the last 8 years America has been spending more than it has made. Production is not up to world standards, just look at the auto industry. Bailing out companies and fiscal stimulus of one sort or another won't save you from the basic and indeniable problem: You're broke. There's only one way out of that: Spend less and work more.