We’re In the Midst of a Retail Collapse
When the mining and manufacturing jobs that supported a strong middle class went overseas or were automated away, they told us not to worry. Not only would these changes make widgets cheaper for people with lower incomes (like most of us were destined to become), we were just transitioning into a service economy, and new jobs would be easy to find as long as we were ready to retrain and think outside the box. As it turns out, we’re going to have to think outside the Big Box (stores, that is) since now, even those lower wage jobs are disappearing in a retail collapse.
