It’s official: On December 1st, 2008 (one year late), The National Bureau of Economic Research, a panel of academic economists charged with the official designation of business cycles, said that the United States economy has been in recession since December 2007, when economic activity peaked.

Meanwhile, executives who’ve mismanaged their corporations can look forward to the federal government providing tax dollars to bail them out. Additionally, those individuals with questionable credit who overextended themselves with mortgage debt can look forward to the federal government providing tax dollars to bail them out. Not to worry - the politicians who are overseeing all this tax money being used for bailouts are the same politicians that are responsible for the biggest monetary losses in the history of the planet.

Currently, the government appears to have a three-pronged approach to kick-start the economy: (1) Provide cheap mortgages to avoid foreclosures. (2) Keep poorly run companies afloat to avoid increased unemployment. (3) Provide government supported jobs to fix America’s infrastructure. All warm, fuzzy, feel good programs. Meanwhile, there is no mention of creating civilian jobs supported by well run companies that make products which are in demand. In contrast, NetGain’s own proposed solution for the U.S. economy is centered on all industries that will contribute to energy independence.