I saw this a couple of days ago (Good Morning America, I think), and I smell a rat. Based on the story, the guy is well qualified - in fact, I could use him at the right price. You tell me that he made $750K (maybe he did, maybe he didn't) and can't find any job paying more than $7.29 an hour? No jobs at 200K (those are hard to find and take a year or more of looking), 80K (easy to find around here), or 40K a year? He won't relocate or pull his kids out of private school? I make a decent living and if I had to go out and find another job and all I could find was one paying $7.29 (or whatever it was) an hour, I'd do what I could to feed my family but I'm not sure that I would even tell my wife & kids, let alone go on national TV. My BS detector is blaring - it may be 'the truth' but I'm sure that there is more to the story.
I read an article in the local fishwrap a few days ago (maybe from the AP newswire) that 50% of people with household incomes over 100K a year don't have enough money to go 1 month without a paycheck. Scary stuff if you're in that 50%...
-e-