you still hear people talk about ncr leaving the counity. it's a scar.'s a story that's been repeated in many small industrial cities, all across the country. >> there's a really fundamental change happening in the economy. if you think about where wealth lives, it basically lives in a couple of places: it lives in financial assets-- so, on wall street-- or in intellectual property-- so, in silicon valley. it's in a handful of people, a handful of companies, and you've had no real growth in the underlying economy. you've had wage stagnation for 20 years and so, the bottom falls out. there's, there's nobody earning any money. there's no one left to buy stuff, and these econo collapse. (siren blaring in distance) >> we have hit double digits on the unemployment rate now.by >> macgillis010, dayton's unemployment rate topped 12%.t >> worse than economists have been expecting, and this is the highest since the early 1980s. >> macgillis: and while all this was happening in the early years of this decade, city officials began seeing the fst signs of an even big