The state of the economy

The economy is still bad. It isn't really improving. The economy is showing signs of deflation as more people are hanging onto their money, banks can't give money away, and prices are dropping. People's wages are falling, not rising. The stock market has been stale for 6 months.
 
Deflation is scary because it can’t be fixed or manipulated by raising interest rates - or in other words, tightening the stings on lending. Interest rates can only be so low. You can only make it so easy to loan money. Besides, the banks are apprehensive (rightly so) to lend too much money because of the debacle they created between 2002 and 2007 when they gave too much money away.
 
We need to fix the unemployment problem before I'll begin to have any faith in the strength of the economy. Unemployment is turning into a colossal disaster. We need a "new deal" type job program, except certain members of congress are striking deficit fears into everyone, which just doesn’t really bode well for a "new deal" type jobs program implementing anytime soon…
 
Gotta figure out how to create jobs. What better time than now to put this country to work on a massive infrastructure upgrade?