Look, 10% unemployment is 90% employment
1 million homes in default means 99million people pay thier mortguages on time.
I recogmend that you get your information from many sources not just one. talk radio on the am stations are very good to listen to. internet, newspapers, and different news shows. but keep in mind that good (human interst) stories are boring and do not bring sales or ratings.
There is a classic story of the hot dog vendor
a man was poor and started selling hotdogs, his business grew, so he bought a hot dog cart, and it grew, he bought a 2nd cart and hired some one else to help and it grew more and more, he was Drop out and a simpleton, didn't watch the news, but his business grew. eventually he had 20 carts and massive inventories and demand was growing, his son comes home from college and stated to him, you know the economy is bad and it is not the a good time for small business. he thought that his son was smart and thought well he had been to college so he would know better than me, so even though demand was high, he changed his thinking and cut back on ordering new inventory, well with less inventory, his sales began to fall, so he cut back some more and it fell again, he sold some carts and his sales droped even faster, he eventulally went out of business, and he said to his son, well son you were right. it is a bad time for business.
The point is : you do what you think you can or can't do, once you have made your mind up the rest will follow. If you want more proof. the last time you were unemployed you focused everthing on getting a job and i bet it took you a reletivily short time you had one. put that same focus on anything in your life and it will come true. The real question is what do you want and how bad do you want it?