The U.S economy was "rescued" with a massive debt binge and the end of binges are almost always followed by a hangover. Auto debts are at record high levels, student loan debts are at record high levels, consumer credit card debts are at record high levels. Corporate debts? Yep, record high levels. We've incurred debt at the expense of future growth, and we'll pay for it eventually. It's not going to be pretty!