In every recession, some companies and industries decline, never to come back.  As painful as this process is, it is a natural component of our economy.  Periodically, we clean house and get rid of companies who are not competitive.  For the employees of these companies, the process is painful, frustrating and depressing.  Making the situation even more difficult is the fact that the recovery will not bring back a lot of the jobs that were lost. 

We have industries in decline and the recovery will not happen overnight.  The US auto industry will be much smaller in the future.  Cuts made at GM and Chrysler will lead to more foreign made cars and less domestic made cars.  For people in the auto industry, this means jobs are going to be few and far between.  Other industries are undergoing similar transformations. 

The strength of our economy is the ability to bounce back and reinvent itself.  Time and time again, we have had industries decline and collapse, only to be replaced by other industries.  This has led to mass migrations of people to areas with bette