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Henry Blodget lays it out pretty well in a kind of power point presentation at Business Insider. The most important takeaway is that the economy will not be coming back in any significant way for a good number of years - no matter who is president. It's just the way it's going to be.
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent Campaign 2012 stories:
Cost of Berman-Sherman campaign: $16.3 millionNow that's close: Measure J falls 0.56 percent short
Santa Monica mayor resigns, heads to Sacramento
Measure J edges closer to (but not over) 2/3
Richard Bloom's lead grows in Westside Assembly race
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.