Failed Trust and Uncertainty

The recession was worse than the government thought. And now economists think that we're heading into the next recession. Businesses and consumers aren't spending because of uncertainty.

All of this news comes as a surprise to the government, every new data point is unexpected. Who knew that the economy was in a Depression? CRA legislation triggered the financial crisis. TARP, ARRA, Obamacare, Finance reform legislation were supposed to improve the economy, but instead have piled uncertainty upon uncertainty. Now almost everyone has lost faith in business and government elites

Apparently the market knew we were in uncharted territory and that is why business and consumers stopped buying. People talk to their friends and neighbors, see the empty buildings and decide that the US is in a serious financial crisis. Many believe that the media and government are lying to them about the cause, condition and solution to the crisis so they can't trust. More uncertainty piles on so they forgo purchases, even if they have the money. Eventually the cycle feeds on itself, scavenging trust and creating ever bigger piles of uncertainty until insanity arrives.

Obama, Reid, Pelosi and their marxist lunatic friends have seized upon the crisis and used it as an opportunity to hijack the government and transform the US into a failed, third-world oligarchy. Think Venezuela writ large.
So far they have been quite successful and may yet co-opt the Constitution. Witness how the Venezuelean middle class were passively destroyed as the institutions they relied on were slowly subverted by marxist cadres. I'm surprised that americans are behaving the same as Venezueleans.

So...it's the failing trust that is rightfully causing the uncertainty that is killing us. And we are dying as a people and a nation, because the economy is the lifeblood of a nation. We are bleeding out as congress treats our wounds by hacking at our extremities with machetes.