US economy grew @ 3.5% last quarter, but is it deceptive because of all the Federal spending and lack of jobs?

3%GDP is government/media double-speak. No jobs, no growth. What industries are hiring? With our falling dollar, our exports should be booming but China keeps their currency so low it slows our exports and Chinese goods are still cheaper! Our entire banking system is insolvent. It is working because the US government/taxpayer is keeping the banksters afloat. GDP is going to be 1 to 3% for years! Maybe 10years or more.In other words not enough growth to pull us out of this mess. I think were done. There is no longer enough industry to make things to sell and China will make the things cheaper anyway. Our grand daughters kids are in dept..I do not have the link but read about the currency of the Roman Empire and compare it to the US. Right now the US is still number one. The scary part is when enough people get hungry, the games will begin.