Who in today's literary world is covering America's severe recession? Anyone?
Read hipster lit-journals like The Believer and n+1 and you'll see not a hint of America's problems. The literary caste in its insularity doesn't know economic problems exist. Tragic stories take place throughout the land. They see none of it.
You can bet if they did cover the recession, it would be in the most constipated pseudo-intellectual way possible, no pain or anger visible. The lits' pristine innocence would remain untouched.
ON THE OTHER HAND, the subtext of the new e-book Mood Detroit is America here and now.