I live in Michigan. Not on the Detroit side of things, around here it’s mostly suppliers. I’m an engineer. As I write this, I’m off on unpaid furlough. I don’t work in the auto business; my company is in an industry about 10 bailout levels down. But around here, it all looks the same. Two years ago the Delphi fuel injector plant was shut down; two months ago the big GM stamping plant was stamped for extinction. Winter even came a bit earlier this year. It’s cold, damp, gray, and we got some snow before Thanksgiving. Not unheard of, but not exactly welcome. I think it was P.J. O’Rourke who remarked while flying over the “liberated” but still depressed Eastern Europe, “Communism is the only form of government you can see from 30,000 feet.” This economy is like that. You can see it of course, but it’s also cold and gray and it hangs in the Michigan air.