The perception out in the heartland is that the economy has stagnated and started to regress. Earlier this year the job situation seemed to be getting better but for the last several months it had stabilized. Regretfully last month the job situation got worse. Layoffs have stabilized but this only counts permanent employees laid off not the temporary workers let go that replaced a lot of the people laid off in the previous recession. The people are getting that uneasy feeling that something bad is just over the horizon. The Federal governments attempt to perk up the economy has failed and the prospect of looming tax increases at the end of the year has put a damper on consumer spending. People are still in debt and the ability to pay off that debt will decrease in January with more of your paycheck going to taxes. If we do indeed go into another recession (if we are not already in another one) it may be reminiscent of the depression of the 1930s. A chilling prospect. And what would a depression be like? Someone in another thread suggested the US was in a French revolution situation. The circumstances were different but I can see where in a depression the rich would be viewed like the French aristocracy and the middle class and poor would be the people. The haves and have nots. The federal deficit would blow up just to feed the people. Inflation, joblessness, homelessness, hungry people and many other effects would become widespread. The National Guard and Army would have to be in the streets to help control the populace. This is not the same compliant populace we had in the 1930s. During the 60s we had riots, cities burning, looting all over the country and that was during good economic times. Will it happen? Maybe, maybe not. But the people are starting to fear that something bad is coming and that we cannot stop it.