It seems something I installed recently drug pulse audio in with it as a dependency - this would be fine and dandy except for the fact that my Skype audio (input and output) 100% stopped with the addition of pulse audio to my system. Apparently the authors of Skype (in their infinite wisdom) made it so that if Skype is launched while pulse audio is installed Skype will use pulse (and only pulse) without the option to change back to Alsa. As I mentioned above my Skype audio was non-functional under pulse (for whatever reason) so I sought out a method for forcing Skype to use Alsa without having to remove pulse audio from my system.
The Solution -
To start, you need to close Skype and then kill the pulse audio server. To do this in one swift command open a terminal and run
killall skype && killall pulseaudio
Next you need to tell your pulse audio server not to auto launch itself (which it does by default). To do this we simply need to add one configuration setting to a file. To do this run the command:
In the text file that is opened paste the following line:
autospawn = no
Save and close the file (ctrl+x when using nano), launch Skype and you should be good to go.
Hope this saves someone the 20 minutes I spent crawling around Google to track down this information.