01-04-2006, 08:33 AM
Racer X Wrote:
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> when wage increases are roughly equal to COL
> increases, and housing costs are going up 5-20%,
> how are things getting better?
Personally, I doubt that even wage increases for the majority of jobs (not individual, for a given job, but overall, for all jobs) are keeping pace with C.O.L. A couple of CEOs getting a few more million can help the average, but it does nothing for 99% of the wage earners, whose real wages are going down while expenses are going up. And I would guess that health care related costs are increasing much faster than wages, as are transportation and housing costs.
If there is a way to twist the numbers to make it look like things are getting better, then I bet I could demonstrate 10 or 100 ways to make the numbers look worse.
"The economy getting better" doesn't mean anything to the average person unless it translates into real wages increasing relative to what it costs them to survive, and that has not been the case for about 5 years. Go figure. It isn't just Bush's fault (as the cartoon even shows) and he has had lots of help.
hwystar
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> when wage increases are roughly equal to COL
> increases, and housing costs are going up 5-20%,
> how are things getting better?
Personally, I doubt that even wage increases for the majority of jobs (not individual, for a given job, but overall, for all jobs) are keeping pace with C.O.L. A couple of CEOs getting a few more million can help the average, but it does nothing for 99% of the wage earners, whose real wages are going down while expenses are going up. And I would guess that health care related costs are increasing much faster than wages, as are transportation and housing costs.
If there is a way to twist the numbers to make it look like things are getting better, then I bet I could demonstrate 10 or 100 ways to make the numbers look worse.
"The economy getting better" doesn't mean anything to the average person unless it translates into real wages increasing relative to what it costs them to survive, and that has not been the case for about 5 years. Go figure. It isn't just Bush's fault (as the cartoon even shows) and he has had lots of help.
hwystar