Not only that.
There is about 45% of the country not willing to do the necessary steps to recover properly.
Why go through the pain of making a lower wage and lose you entitlements, when you can just suck entitlements and play Xbox all day?
The Democrats won’t let a healthy correction unfold, they will ride this until we collapse. Even if we got a Ron Paul style candidate (minus the Foreign policy) he/she would just be demonized on the road to start spending again.
A big part of our society is just too dumb at the moment and doesn’t realize how good they could have had it with a little hard work. Most of these people can’t even balance their own home budget let alone understand how a healthy economy should function.