With the holidays which lead most people in the US to spend more money than they had, analysts say that the spending as well as the income for most Americans rose in December. It’s not a question of whether spending rose, but did the income from the job place really increase? Probably not like it should have.

Those who are unemployed likely stayed unemployed, and the increase in income for most people in December was likely from a Christmas bonus. But because of the economy slump this bonus would also be a lot lower than usual for many companies, so things are nowhere better than they were the month before. The spending done in December far outweighs what most people can afford, which also means more credit card debt. The benefit of which trickles not to consumers, but to large banks who once again bring in the ultimate profits.

The US economy and financial situation of the average America citizen is very much bleak. The reality of the matter is that the systems in place are failing miserably, and people are losing hope. Especially the ones without jobs. There is very little positive news to be had, and things are not looking up at this point.

What were once great investments are nothing more than a way for a bank to get your business. Bank Rates including CDs and Savings Accounts are worth very little now, and the stock market is much more unpredictable than ever before. Many have been taking the words, “Its time for a change to heart”, but the fact of the matter is no man can bring about any real change with all these problems at this point.