Can someone please help me explain this article! ?

Question

http://www.nytimes.com/2008/08/02/business/02econ.html?_r=1&oref=slogin

thats the article i just need someone to help me figure out how to explain it in paragraph form because its so broad i'm kinda stuck and stressed

Answer 1

In  a nutshell:

Unemployment is up and the wages of those still working are not keeping up with inflation.  Productivity gains are not benefiting the workers, but rather fueling the barrage of pink slips.  The politicians are long on "Ain't it awful?" rhetoric, yet short on innovative solutions.