Till we get our manufacturing base the has been offshored back we will still have high unemployment. That in turn will require the government to fund at much higher levels than normal welfare, unemployment, food stamps, and a slew of other programs to help all these newly poor people/families out and keep them from becoming homeless if possible. It also mean lower spending, less tax revenues, etc. The inflation from all this combined with what we owe on the dept will combine and increase till either 2 things happen. 1. We face reality and renegotiate our trade treaties so it is not so rewarding off-shoring business because of new tariffs or global quotas and then we rebuild our domestic manufacturing base which is just a fraction of what it was in the mid nineties.2. We go through a period high inflation for quite a while till the dollar is worth about 1/3 or 1/4 of it's current value. This in turn will make our labor costs about the same as China's or Mexico's which when you add in transportation costs as in shipping something from China to the US it will be cheaper to just make the stuff here.We face interesting times in the near future.