Who do you think is responsible for the pessimism and downright defeatism in this country? If i was addressing my son, I would say he had an attitude problem. Americans used to be known and dare I say respected for their anything is possible attitude, the attitude that won WWII, that put a man on the moon, the attitude that liberated a young country from tyranny and created what we now take for granted. Here is a good piece from the WSJ that puts today's "dire times" in excellent perspective. http://online.wsj.com/article/SB121072001228989941.html?mod=opinion_main_commentaries There is no denying that the current financial morass is deep and painful. But taking the long view, there is something both startling and disturbing about the gloom that has settled over Wall Street and the country in general. In fact, looking back over the past century, it would be a stretch to rank the current problems as especially notable or dramatic. Something else is going on – namely a cultural rut of pessimism that is draining our collective energy, blinding us to possibilities, and eroding our position in the world.... Right now we have an unemployment rate of 5% and headline inflation topping 4%. We have economic growth of 0.6%, extremely low consumer confidence and weakening consumer spending, small business optimism at a 28-year low, and of course a housing market that is showing declines in excess of 20% in some parts of the country. These are hardly statistics to celebrate, but they are a far cry from the crises of the 20th century. Next time someone compares the present to the Great Depression, stop them. Between 1929 and 1932, the Dow Jones index went to 41.22 from 380.33, a decline of 89%. Today's hang-wringing about a 20% decline in the major indices (much of it since recouped) doesn't come close.... For all the present talk of volatility, in 1973 and 1974 the economy expanded 10% in the first quarter of 1973, contracted 2.1% in the third quarter, went up 3.9% in the fourth quarter, went down 3.4% in the first quarter of 1974, then up 1.2% in the second quarter – continuing like a bouncing ball for another year. The unemployment rate went from 4.9% in 1973 to 8.5% in 1977, and then nearly broke 10% in 1982. Meanwhile the stock market went from 1067 in January 1973 to 570 in December 1974, a drop of 46%. And there was double-digit inflation and a sharp rise in the price of oil, which represented a higher percentage of consumer spending than today. the above are just a couple of examples( and please read the entire piece) that show it is not our situation that is bad, it is our attitude. So why don't we all stop whining and start acting like the Americans of old and start believing in ourselves again? The results would be far greater than any empty campaign promises you have been hearing.