We keep getting massive job losses from businesses closing down, which lead to businesses that rely on *those* businesses being functional etc also closing down, leading to more job loss. It's a feedback loop of sorts and is being reflected in the changing nature of the homeless.
And I am still failing to see any credible evidence that bailing out "flash trade" casino banks with all that scratch they used did anything but save millionaire's and billionaire's "jobs".
And I have no good answer to this either because the entire system is skewed on purpose to transfer wealth upstream into as few of hands as possible. There's no little small scale "reform" that will change this situation, it has been building for decades now since the big labor arbitrage globalization push started. They systematically raped and looted the economy for short term gain, gave the natives who sat and watched more or less passively as industry after industry went bankrupt here, some temporary cheap trinkets at the chinamart trading post to keep them amused.
Massive corporate raiding enshrined into the economic model and pushed by wall street insiders at the Fed and in the Treasury, and now a lot of them are saying "well, gee, looks like Asia, where we shipped all the wealth creation jobs, is now the big powerhouse so we'll be moving there. Thanks for all the money, suckers!"
I just hope they DO all move there and good riddance and maybe this nation can get back to having a widely diversified economy with am emphasis on wealth production, not wealth skimming and rearranging.