I cannot speak for everyone out there, but times are certainly tight. As I post this, I am still blessed to have a job and the ability to meet my monthly obligations. However, the squeeze is definitely on and relief does not appear to be apparent for the near future. Thanks to our wonderful elected leaders ability to spend money on just about anything and anywhere, we are now seeing a national debt of over $14 Trillion ($45,300 for every man, woman, and child in America).
See article: http://pajamasmedia.com/blog/america-the-broke/?singlepage=true
The debt is said to be mathematically impossible to pay back (http://www.infowars.com/it-is-now-mathematically-impossible-to-pay-off-the-u-s-national-debt/).
This does not even include other "liabilities" like Social Security, Medicare, etc. Also, the untold amount of derivatives (derivatives estimated at amounts of $1.5 Quadrillion...yikes!!) prove to add even more to this insurmountable debt.
See derivatives article: http://www.prisonplanet.com/it%E2%80%99s-the-bankers-or-us.html
Yet, Congress wants to increase the limits for debt. Perhaps it is time for us to consider just what course this country is taking toward imminent economic collapse.
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