All this yak about raising the education standard in the USA, when we've got Ph.D.'s in unemployment lines is disheartening. Retraining is the greatest joke. If you're an unemployed IT worker, what is the "next tier up" on the ladder to success? Material physics, which requires 5 years study to get online?
Economics and economists have some credibility in microeconomics, but outside that limited subject they are herd-oriented and usually wrong, wrong, wrong. Ask Nicholas Taleb what he thinks about the economics profession. Hell, look out the window and remember what economists have told you about the economy over the last 20 years. Were their predictions ever better than a crapshoot?