According to the Census Bureau poverty numbers always increases after a recession. I can't find the numbers now but I did post them here before, I think there was 10 million people entered the workforce over the last couple of years while the people in poverty only went up by 1.1 million. Manufacturing jobs, the entry-level blue-collar jobs, have been declining since the 70's. I do see car manufacturing coming back somewhat to ease the problem but not stop it.
On 9/28/05, Matthew Small wrote: > It's an either-or situation - you're either "rich" or "poor", there's no > middle in this case. > > 1) The rich become wealthier, and the number of poor people increases. > 2) The middle-class folks lose their jobs and become poorer. > > If you need a job, and can't get one, you're poor. If you don't have a job > and don't need one, or if you wouldn't need one if you quit, you're rich. > > The existing middle class is getting squeezed out. There's a serious > concern for the decline of the middle class in the US. > > For example, over the past few years, paychecks have failed to increase as > much as productivity - that means the stockholders are reaping increased > wealth while you work harder. > > "Since Bush took office, the middle-income group has declined by 1.2 > percentage points, and now constitutes less than 45% of all households. > > At the same time, households with less than $25,000 in income have grown by > 1.5 percentage points, and now make up 29% of all households. So a large > number of households have slipped out of the middle group and into the > lower-income range over the past three years." > > http://www.factcheck.org/article249.html > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Purchase Flash MX Pro from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=57 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:175394 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
