Jobs have to do with it, and corporate America doesn't see a good reason to hire in this age where competition is weak and the entire population can be satisfied with outputs from only 90% of the workforce. Productivity is being translated directly into lost jobs.
Psychological egoism -- the spirit of entrepreneurship and enlightened self-interest -- has taken a fall in favor of ethical egoism, the spirit of destructive self-aggrandizement. With the innovative spirit hampered by the oligarchic barons, there is little hope for job recovery.
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