A couple trillion dollars was used to buy up securities that are realistically worth $0 in pretty much every timeframe for 100 cents on the dollar, cleaning up bank balance sheets. This allowed them to continue to speculate on all sorts of things, like housing, commodities, etc, looking for returns (some of it probably saw its way to silicon valley too). It was passed on as easy money to corporations, who mostly used it to do stock buy backs that pretty much do nothing for "the economy" while lifting the stock market.

As for employment, if you actually look at the numbers, its people over 55 who can't afford to retire doing service jobs. The participation rate is trash and young people are fucked.

#recovery