Economics is always better explained in pictures than words. Zerohedge.com recently posted 10 Charts which show the true condition of the American economy. I am not going to post all of them, but there are a few that really tell the story.

Total debt of Americans

The Home Ownership Rate

The Inactivity Rate For Men In Their Prime Working Years

Real Median Household Income

We definitely need a change in President Obama’s economic strategy.