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Yes it is different. Craigs list, Amazon, google news and a host of cost saving sites have truly brought deflation to consumers and is just wrecking most high profit margins in various industries.
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So use those tools to your advantage!
Plenty of people are hiring. I suspect the problem is that there are not many jobs with benefits for unskilled labor at the moment. Or that many folks feel these sorts of jobs are ‘beneath’ them.
That just means they aren’t hungry enough.
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We innovated all right by getting into services such as loan origination and other great financial products.
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The only possible way to innovate with financial products is to figure out a way to get people to pay you six cents for a nickel. Which is what caused this mess, in a nutshell, if you think about it.