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Economic Report: Job Creation Weak, Real Income Down $3000 (since 2000)

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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 08:35 PM
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Economic Report: Job Creation Weak, Real Income Down $3000 (since 2000)



http://www.laborradio.org/node/4491

Economic Report: Job Creation Weak, Real Income Down $3000

Economic Report

By Doug Cunningham

As working families consider whether the economy has been good or bad to them two weeks before the elections theyre not feeling as rosy about the economy as Wall Street or Bush administration. According to the Economic Policy Institute, working family real income has dropped by $3,000 since 2000. And while jobs are paying less in inflation-adjusted wages job creation for September was the weakest since Hurricane Katrina. As EPI puts it, the pie being baked by U.S. workers grows bigger each year while the slices they get grow smaller.

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truthisfreedom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 08:37 PM
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1. i wish that was MSM news.
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 08:39 PM
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2. That sure isn't what is getting pushed
It comes down to the classic question:

"Are you better off than you were six years ago?"

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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 08:42 PM
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3. Traded high pay engineering and technical jobs for low pay
...semi skilled jobs
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Monkeyman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 08:52 PM
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4. Job Creation $7.50 hour no health care
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TheWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 11:14 PM
Response to Original message
5. Hold Your Tongue Citizen
Bush's Economy Brings us nothing but Mana and Milk and Honey.

I have reported you and your link to Homeland Security.

A Mobile Waterboarding Van should be visiting you within the hour.

Dissent Is Appeasement.

Truth Is The Enemy.

:sarcasm:
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lovuian Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-24-06 01:31 AM
Response to Original message
6. The Depression is coming thanks to Hoover ...Bush
Its economics 101 when over 80% of the wealth of a nation is own by a few


and yet Economists ignore this...
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Chulanowa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-24-06 02:11 AM
Response to Reply #6
7. They're in the 80%
Or they're paid by hte people who are.
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radfringe Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-24-06 03:01 AM
Response to Original message
8. there are two economies in bush's america
the one that exists in bush's happy-face talking points
and the real one

never the twain shall meet....
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llmart Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-24-06 05:55 AM
Response to Original message
9. I hear Lou Dobbs's .......
book "War on the Middle Class" is supposed to be very good - eye-opening to all those who think a soaring Dow is something to be elated about. Yeah, if you're in the investor class you can be elated about it, but the rest of us peons are getting nowhere.
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