The Good News: More American's have begun to place more emphasis on paying off there existing debt, living within there means, and realizing the value of a consistent savings plan.
The Bad News: Economic conditions often make this mindset no more than a wish, as unemployment remains stubbornly high, and many part time employees cannot find full time work.
Old news...I know. The point here is looking for quick fix's, and magic pills are a waste of time, because they don't exist. People need to understand this economic situation will be with us for a long time to come. While our lawmakers (on both sides) chatter, we would all do well to focus on educating ourselves on the finer points of our personal finances, putting plans on paper, and carrying them out. This need not cost anything. A great deal of fine materal can be found in our own local libraries. In 10-12 years, when America's economy is booming again (yes...I think it will take that long) those of us who pursued sound plans of debt repayment and consistent savings will prosper greatly when the economy turns for the better. Those who did not will continue to struggle.