I think most can agree that the glory days for America and the world for that matter is over and done. Whether you own your own business or work in the private or public sector tough times are ahead. Face it, America blew up economically, politically, culturally, and morally. The next shoe to drop is inflation which will eventually hit hard. When it does our buying power will drop but our earnings will stay the same or worst we will lose our jobs. Most of us, and many already are, will probably have to struggle along in our lives like walking in deep sucking mud. Making gains of any kind will be difficult.
It seems to be time to batten down the hatches. Which means no debt. I'm taking savings and paying my house off in Jan. 2012. I'm not giving a crooked corporation another cent in interest. Then within a year or two I want to also thin possessions a little. I want my family to be light of burden, live safely and simply, be free of stress, appreciate all that's good, and be content with life. I think this is a realistic plan. Can't hurt to try.