CHART The voters supposedly wanted economic change, so they voted republican? Further proving that the voters don't have a clue as to who stands for what. Certainly proving they haven't been paying attention for quite awhile.
This chart above shows thousands of manufacturing jobs going away and being placed in service jobs paying a lot less. Half of all this years college grads are working at occupations they did not train for. To top off this glum picture this piece says that half of today's jobs will be gone in decade.
It impossible for me to wrap my head around just how this will all turn out. Sure I know how, but I don't want to admit it. With wages down and jobs missing it is not a wonder why consumption is down and will stay down till? How (if) we will get out of this mess is yet to be seen.