University of Michigan Forecasts

If these numbers are not sobering than nothing can be.  I am surprised at the frankness of how bad it is and that it is going to be without any end in sight in the next two years.  I have started to see spin about how 2 million jobs in 2012 is good.  It is not good because it still leaves unemployment well over 9%. Are we saying that this is ok? This is recovery?  Oh and with this we add trillions to the national debt.  If we are willing to add trillions to the debt (I believe that we are and will) then why can't we at least speak of fiscal stimulus?  Have ware become follows of Schumpeter and Austrians? We have so much faith in the system that created extreme asset bubbles.  It appears so.