The last fifty years have seen tremendous prosperity in the United States. This prosperity has not only been experienced by the baby boomers who were born after World War II, but also by the generations that have followed. If there has been so much prosperity, why have so many people lost jobs in various industries since the 1960s? First the steel industry followed by manufacturing was hit as jobs began to move from the historically industrial regions to lower cost regions and then to outside the U.S. Following the break-up of the Bell Systems on January 1, 1984, telecommunications changed forever and continues to change. While some jobs were created, many jobs were lost forever. The build-up of the internet and the dotcom revolution was followed by the dotcom bust and again many jobs were lost. More recently, the airline industry has been hit hard with bankruptcies, jobs losses and reduced pay and benefits for the remaining employees. Is any industry immune to massive jobs losses, bankruptcies, loss of benefits and reduced pay for employees who remain? In simple terms the answer is