I sure hope so. However, IMO, I think that the US economy is in deeper trouble than most people realize. The price of oil blazing a path upward like it’s catching a ride on the space shuttle, is very concerning. And with the Fed slashing interest rates left, right and center, and the recent near melt down in the financial lending markets, there's been a lot of outflow of $ going offshore. And if that continues over the long term it will only keep driving the value of the $US further downward. Hopefully not, as it'll keep driving up inflation. But, whatever happens, I think that it'll probably be a good while before we actually see any economic resilience really start to kick in.

Here's a recent CNN article that discusses the weakening $US:

http://money.cnn.com/2008/03/12/mark...pact/index.htm