It's been a lot of smoke and mirrors. The banks were allowed to paper over their insolvencies. We got some gains from the economic stimulus, but it wasn't nearly enough, and mostly it amounted to pulling demand forward a bit (see the precipitous drop in housing sales when the tax credit ended). Higher prices at the grocery store aren't what's hurting people, it's the stagnant incomes, the lack of good jobs, the collapse in housing prices and the crushing debt levels that have really destroyed family finances.
Forget the "bikini graph". Does this look like a healthy economy to you?
![](http://www.theblaze.com/wp-content/uploads/2011/04/chart.jpg)
A small drop in the price of oil and commodities is not going to fix this mess.