Just in case you figured the political economic situation here in the U.S.A. is improving or might in the medium-to-long run, have a look at this news report.
More here at The New York Times.
And there is an interesting discussion of issues and remedies here at The Times too.
And, for those who think 'so what?' and shrug, Joseph Stiglitz offers some reasons here.
Krugman blog: here.