The Silver Lining

There is much gloom and doom concerning the economy and I believe things are not as bad as they are made out to be. Take job losses due to downsizing. Certainly not good for the displaced, at least in the short run; but who's really hurting? The corporations!
And that's good! Let them collapse and good riddance.
And the dollar? That's going to be alright, too, but not because of any bailouts of the wealthy. It's just something that economists don't seem to register: that the economy at the grass roots level is just fine. And down here where we live Adam Smith is alive and well. In the next series of articles I will examine the American economy and show the way to a better future and a not too bad present.