Double dip recessions are rare things. Even a slowdown immediately after a recession is unusual. But job creation coming out of this one is painfully slow. While there are lots of reasons, here is a key one. Historically, housing got creamed in a recession. Interest rates rose going in, choking off housing activity. Then interest rates were cut, housing gradually recovered and helped employment. A lot. Think of how many skilled trades are involved in building a house. Plumbers. Electricians. Carpenters. Cabinet installers. Roofers. Landscapers. Wallboard hangers. Carpet layers. Tile layers. Bricklayers. Concrete finishers. Then there are the manufacturers and suppliers of pipe, kitchen and bath faucets, lighting fixtures, roofing shingles, lumber, toilets, sinks carpet, concrete, bricks,conduit, circuit boxes, windows, doors, insulation, air conditioners, water heaters and so on. Well, in this recession there is no housing rebound, so the millions of local trade workers and manufacturi...