The economist has a good article on this topic: http://www.economist.com/node/21525405 As I was saying https://www.physicsforums.com/showpost.php?p=3423219&postcount=1", there was damage being done by the debt debate. On one hand, a political party is now willing to take our economic future hostage for political gains. On the other hand, there is no willingness to spend in the short term and do long term planning on debt, and uncertainty remains over the actions of the supper committee on everything from taxes to spending cuts. And the national agenda has been changed from recovery to debt even though our growth is extremely weak. so are we going to avoid a double dip recession? I'm not sure, the economy was so fragile with Europe markets already in distress, and the new uncertainties in America may be enough to push the economy right off the cliff. On the bright side, the Fed might be able to take some limited actions.