manufacturing and construction, they will need entirely new skill sets in order to switch industries. since the start of the recession, 7.9 million jobs have been lost, and it's likely that many of them will never return. even for people who have jobs, it's not necessarily all good. in california, they are looking to cut the salaries of more than 200,000 state employees to the federal minimum wage. it's a way to save money because california government officials can't agree on a new budget. and to top it all off, the $787 billion stimulus package, that money is almost all spent, and if that was supposed to jim start the economy, then what happens now? here's the question. where do you feel that our economy is headed? go to cnn.com/caffertyfile. post a comment on my blog. >> a lot of people are worried. it's not heading in the right direction. >> yeah. it doesn't look good, really doesn't. >> i know. all right, jack, thank you. president obama, however, says the economy is quoted -- is