Much, if not all, of the recent alleged "recovery" wasn’t even to produce or replace stuff that was selling contemporaneously.

Aggregate demand pretty much remains stalled suggesting no change - and in lieu of inflation perhaps even worsening - in wealth effects to the 99%.

http://news.yahoo.com/u-growth-slows-inventory-accumulation-wanes-040301579--business.html

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The America I Knew Has Almost Disappeared

Like an alcoholic family that won't discuss alcoholism (and proving Don Quixote's warning to never mention rope in the home of a man who's been hanged), far too many Americans are unwilling to acknowledge or even discuss the ongoing collapse of democracy in the United States.