|
Posted by Don Klipstein on September 3, 2006, 2:18 pm
If you were Registered and logged in, you could reply and use other advanced thread options
<SNIP>
>> and the "explosive" wage growth -
>> http://money.cnn.com/2006/08/28/news/economy/real_wages/index.htm
>>
>> "Most workers have not seen wage gains keep pace with inflation during
>> the current economic expansion, the first time that has happened since
>> World War II, according to a published report."
>>
>> "the median hourly wage for American workers has declined 2 percent
>> since 2003, after factoring in inflation."
>>
>> "nine out of 10 workers have seen inflation that has outpaced their pay
>> increases over the last three years, according to the Labor Department.
>> That includes workers earning up to $80,000 a year, a level that puts
>> them in the 90th percentile of wage earners."
>
>When it's now documented that half the government is working against the
>people (democratic party working against America) for political gain,
>instead of supporting the people, it's easy to see why things get messed
>up.
>
>Companies can do anything they want, even before Bush, remember all the
>Mfg/IT jobs that client lost America?
>
>So, factoring "Inflation" the hourly wage has decreased - wonder how it
>was if you don't factor inflation.
>
>If you're not smart enough to have seen all the changes started in the
>Clinton era, where companies started to crush the workers, workers
>benefits, then you're really not seeing the reality of the economy. Once
>companies were technically able to outsource it was greed that moved
>them to reduce everything, and that greed ties back to the stock holders
>and board members....
A majority of the Clinton administration saw median income outpacing
inflation. In the last few years of the Clinton administration, median
male inflation-adjusted income rose above its 1973 high point. According
to US Census Bureau data that is.
- Don Klipstein (don@misty.com)
| 
XML site map