A year after meltdown: Tough questions, choices - AP

[Tierra_y_Libertad]

How do you have a "recovery" when jobs are still being lost? Who's going to buy the stuff produced when nobody has the money to buy the stuff? How do you put people back to work when produced stuff won't sell? Form a new "bubble" and hope for the best?

It's a house of cards and there is a strong wind blowing.

http://news.yahoo.com/s/ap/20090906/ap_on_bi_ge/us_meltdown_new_realities_1

A year after edging dangerously close to free fall, there are signs the economy is regaining a foothold. But Americans' sense of financial security is badly shaken and the nation confronts questions that defy quick or comfortable answers.

Without easy credit, what does life hold for a nation of consumers?

With nest eggs broken, will older workers need to rethink retirement?

With old institutions gone — and the government propping up others — what will replace them?

The anxieties reach deeper than those stirred by all other recessions since World War II, when businesses, workers and consumers took reassurance from signs economic life was returning to normal. Instead, the U.S. is at an unsettling economic moment, facing the possibility that some old expectations may no longer apply.