Maybe we're in for a longer recession than I thought; Finance: the Downscaling of America.

Can't wait to see what other economic watchers have to say.

An unbelievable quote from the article:

"Middle income households, which in 2001 earned between $33,315 and $53,000, earn 14.6 percent of American income every year."

I can't believe middle income household salary range is that low, because that's not a lot of money. In San Francisco, the median income is $60,250.