Are you pessimistic about the state of the economy? A lot of people are. Back Talk wonders why. He backs up why not with a lot of graphics using economic trends from the past decade.
There are things to be concerned with though, like the current decline in the housing market. Historically the housing market is not a bubble that bursts. People don't go broke overnight as in the stock market. Real estate bubbles deflate over a long period of time, usually due to inflation and slowly declining housing prices. Since I don't own a home yet, it doesn't bother me as much and Amybear and I may be able to take some advantage of this when we purchase a home.
The weak dollar doesn't bother me much at all. In general in discourages outsourcing to stay in the US, encourages stateside production, and helps our imports. I am more worried about the national debt (which is a big reason for the weak dollar) than the weak dollar itself.
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