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Ace,
I think you are severely mistaken in your interpretation of the economic data.
A 7% unemployment rate does not mean that 93% of the workers are employed. It means that 93% of the population who is economically active is employed. People who have not sought work in the reference period are not considered unemployed, and those who have worked 15 hours in exchange for money are considered employed, so 7% is not a small number necessarily.
And industrial production figures are very poor indicators of economic performance. Industry makes up under 1/5 of the US economy, with almost 80% coming from services.
The idea that everything will be all right if we are only more optimistic about it is nonsense.
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