In 2006 and 2007 I remember the prices people were paying for houses. I am in South Louisiana and houses that were going for $80k-85k in 2004 were going for $205k in 2007. Families in which both husband and wife had average to higher average jobs were living like millionaires, basically living month to month because of the monthly bills paying for all the BS they were buying because they felt good about where they were and what they were making. Summer of 2008 came around and gas was almost $5.00 a gallon and I started to see some people be affected because they were basically doubling their monthly average spend on gas. Then Oct 2008 came around and the stock market dropped.. I worked with guys who were working PT just to work because they were retired all of a sudden loose half of their retirement and was begging to work full time only to get even less hrs. I think more and more people continue to get affected by the state of the economy and this causes people to be careful with money. Now 70% of our economy is based on consumer spending but this recession is shaping a mindset that will have a longer term effect. Housing market is in the shitter and people are learning to live without and realize they dont need the biggest and best. In order for the economy to get to where it was 5 years ago, it is depending on people to do they same thing that has caused the recession. I have always been a glass half full guy, but am I out of line by saying I honestly see things getting much worse before it gets better?