Economy will come back
Although the economy is in a state of upheaval. It cannot mean that everything is in a state of disarray. There must be some industries that are doing well.
Several that come to mind may be anything related to services that we need continuously, including healthcare, security, insurance, financial planning, etc. Many analysts are saying that this year could potentially be the last year in this dire situation.
The bailout recently put into law will should have some impact, however, it may take some time to sypen down to the common citizen. At least in the Ohio area, the economy is plagued by manufacturing companies that have taken a nosedive, largely due to the auto industry's negative results over the past several years.
Organic growth is something that needs to be a result of some type of core competency of the U.S. If the United States can find some type of commodity or service that would be needed by other countries that can be made here in this country and traded at a competitive price.
As President Obama has indicated, finding alternative fuels could potentially give us a unique advantage in the world, but this could take a long period of time. If we are potentially going to be successful, we need to find an alternative fuel that can be made profitably with a timeline of around 3-5 years.
The global village that the world's economy has become makes it imperative that we as a nation find cheap goods in other countries and simply make something that is valuable to other nations to survive in this recessionary environment.