People see what they want to see and with enough media propaganda they actually believe it.
But take a look at the data and make up your own mind.
Will a Prophet Assume Command? | James Quinn | FINANCIAL SENSE
-Median net worth in 2007 was $126,400. By 2010 it had fallen to $77,300, a 39% drop in three years.
-Federal government spending in 2007 was $2.73 trillion. Federal government spending today is $3.8 trillion, a 39% increase in five years.
-Government entitlement transfers totaled $1.7 trillion in 2007. Today they total $2.4 trillion, a 41% increase in five years.
-The national debt in 2007 was $9 trillion. Today the national debt is $16.3 trillion, an 81% increase in five years.
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There is nothing normal about our current economic situation. The unfunded liabilities at the Federal, State and local levels of government accumulate to over $200 trillion. Do the facts detailed above lead you to believe we can return to pre-2007 normal in the near future, or ever?