Oh, I am indeed being a Grinch today. I posted my economic maunderings over at the Medley.
Yes, it's titled "Good Fortune", but only because my personal 401(k) did not suffer in the latest market slide. For awhile, I had investments that slid with the market, and a couple of years ago it wiped out several thousand dollars of perfectly good money. I started to refine my choices, and after I moved money out to an IRA after the layoff, I finally closed down the last of the marginal choices.
All the big boys are moving a chunk of the principal to foreign investments. Gates moved a billion to China so he will continue to be a billionaire no matter what.
Unless the Congress starts to put taxes back to pay for what we owe, things are going to get worse. Lots worse.