Shauncroucher,
Yes, given the output above his managed folder assistant does have a schedule. The schedule is here:
ManagedFolderAssistantSchedule : {Sun.11:00 AM-Sun.6:00 PM, Mon.11:00
AM-Mon.6:00 PM, Tue.11:00 AM-Tue.6:00
PM, Wed.11:00 AM-Wed.6:00 PM, Thu.11
:00 AM-Thu.6:00 PM, Fri.11:00 AM-Fri.
6:00 PM, Sat.11:00 AM-Sat.6:00 PM}
The reason it's not working is this:
RetentionHoldEnabled : True
EndDateForRetentionHold :
StartDateForRetentionHold : 10/25/2009 1:00:00 PM
If retention hold is enabled, Exchange doesn't delete anything. Set this value to false. You may have to wait a few minutes for it to take effect. Then, run start-managedfolderassistant.
Also, I'd be careful with this value in the content settings:
TriggerForRetention : WhenMoved
This means that the item will be deleted in 7 days after it was moved to the deleted items folder. If you moved the item more than 7 days ago, all is well. If you want items to be deleted X days after this was received, then you must change this value. I call this out because I've seen folks set this to "whenmoved" and then move an item into the folder today and it doesn't work adn they get confused. Of course, if you want the items to be deleted 7 days after they were moved, then this setting is correct as is.