Oops, bad news --- Americans are spending their "excess" funds on reducing debt rather than buying things and promoting our economic recovery ...
But more good news --- because of lower debt levels, Americans will have the capacity to spend more in the future which will support economic growth ...
Oops, but maybe more bad news --- our partisan Congress doesn't seem too interested in doing anything significant to foster economic recovery --- and what are the prospects that will change after the November elections?
