Financial Melt-down # 2 coming...?

Anything is possible because this is a world wide situation, but doing nothing would be much worse. While we may have more unemployment for a few more years, by next year most of the debt will have washed out of the system. Most industries will be better grounded with less debt and given even a slightly better business climate coupled with more tax increment most people will be in a better financial position. Don't forget....90% of Americans are officially working. Before this recession 95% were 'officially' working. While that not a good statistic, it beats the stats of most other countries. Without the bailouts the banks would have failed. Of course we could have established a debt free 'national bank' system, but that would have been 'socialism'..I doubt if the Bush administration would have dared to even suggest that. Bailing out the auto industry saved that industry and most of that cash has been paid back ahead of time. Extended unemployment insurance has kept millions of Americans from becoming street people and has kept a considerable amount of cash circulating in what would have been a massively depressed cash situation. A market economy can't function without cash, credit and production....cash infusion via 'The Stimulus' has prevented a total shut off of all three. The policies of this administration have given us some breathing room...nobody can deny that. The polices admittedly were the 'best of the worst', but again, 'doing nothing' would have been the worst possible thing to do. Could there be a double dip coming? Possible, but it won't be worse than the one that currently has found it's bottom. 'Melt-Down #2 could happen, but chances are it won't work out that way. If it does and the GOP/Teabag/Fox 'News'/Jesus Freak Party is in charge chances are they will 'do nothing'...then we'll see how that will work out.