[LibertyAndJusticeForAll]

"...the president is busily touting the increase in "service sector" jobs. Yes, these jobs did in fact increase. However, properly translated, that'll mean we will soon be able to all sit around in a circle and shine each other's shoes."

The problem is the shift from high-wage jobs to low-wage jobs. Lots of Americans with degrees in IT and Engineering are working way below their previous wage level; unable to find work anywhere but at Home Depot, etc.

[Lazamataz]

Lots of Americans with degrees in IT and Engineering are working way below their previous wage level; unable to find work anywhere but at Home Depot, etc.

I cannot speak to the engineering people, but I can about the IT folk. Lots of people simply should NOY have been in IT in the late 90's, but were lured into it because of outrageously high pay scales and remarkably little skills-checking. I worked with some of the very worst IT people I have ever seen in the late '90's. The bad ones have dropped out of the profession, and I've seen a marked increase in competancy since then.