I think this 5 min video explains it very well.
Pause the graphs and study them. It explains why the last 40 yrs have been so hard on America.
Alegria1976's Blog
Dave & Robn on Alegria sail about
I think this 5 min video explains it very well.
Pause the graphs and study them. It explains why the last 40 yrs have been so hard on America.
Alegria1976's Blog 
The key statement he made was that businesses don’t hire except as a last resort when the demand for their product or service increases. And this only happens if consumers have money to spend.