Barry over at Big Picture has got the message - "Employment remains the biggest sore spot in this economy. Outsourcing, globalization, improving productivity, and declining manufacturing base continue to pressure employment numbers. When manufacturing jobs moved overseas, workers were able to retrain in new economy/service jobs. As those jobs migrate to the lowest cost provider, it’s not yet apparent what new sector will step up to absorb these newly idled workers." He also has a good resume of the dynamic problems facing the US economy.
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