You are too young to know what the 1929 depression was like. For some sectors of the our economy, this lasted into the 1940's. For some people this recession was not a problem. There were 476 billionaires in the U.S. in 2003 and now there are 587 billionaires. Their wealth increased a whopping 1.9 trillion just this past year. I guess the wealth has not started to trickle down yet. By the way, this was reported by Forbes.