I most definitely would have to say this is a depression. Too few have decent jobs. Too many folks are working at jobs that they are over qualified for, or have 3 or 4 part time jobs to just keep surviving. Many have had no raises or bonuses for a year or longer.
The US is in trouble. I think as a country we need to stop out-sourcing jobs, and start creating jobs that pay decent wages/benefits once again.
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