Can someone explain to me why job creation in America is so low even after the recession ended almost 2 years ago ?
Recession ended? This is being called a double dip recession. Probably there's a better dictionary definition of it, but I usually see it as a recession within a recession. The recession pretty much hit in 2008 (globally), it hit the US a year or two earlier. This is also my layman interpretation, but the first time, in my life time I heard about a serious crash was of the US real estate market. Pretty soon the real estate markets that were booming everywhere (more in Dubai than anywhere else), came tumbling down.
The protesters have hit Wall Street - primarily bankers. Its one of the most shadiest of industries. Their entire product is money. They buy and sell money in various forms. They make the entire trade of it all so complicated and create illusions of a lot of money, through ridiculous credit lines, loans, guarantees and so on.
Back in in 2005-2006 the credit lines were so fluid in the US, that no one really doubted their bank. The entire freakin US was borrowing money, buying bigger houses, getting massive returns... Until suddenly they didn't. The Banks suddenly stopped the lending and their was no more liquidity in the market, no more money to go around except that, which was invested in concrete (or timber in the case of the US) and soil. For a brief period they tried to take the foreclosed houses then they decided that piece of concrete isn't worth anything.
So they got the US government to fork the bill in bailout packages. Now they got the houses and recovery of their non performing loans.
One can't say for certain that this was planned - but one hasn't even ever seriously done any digging on it. Michael Moore did it, but using the pull Wall Street has on the media they've declared him a hack, so we're again ultimately at a point where everyone loses and wall street wins.