I rarely pay attention to the news because of all of this. Sure it affects me somehow in the grand scheme of things, but I look at: Do I have a job? Yes. Could I lose it? Yes. Will I get another job if I lose this one? It may take a bit, but yes. Everything else stays the same. I may have to save longer to get what I want, but I eventually do.
People are still getting rich even in crappy economies. Don't just give up hope and lie down and take it. I'm not saying you need to get rich or have the instant ability to, but, for example, in my town here in NC, everything's pretty much fine :) Everyone goes about their business each day, retiring to homes or bars or whatever after they're done. The ones out of work look for work. Same old story.
Moral: It's never as bad as the media makes it out to be, especially since a person is in charge of their own path.