On Monday 28 August 2006 19:20, Ed Leafe wrote: Hi Ed! I am old enough to remember the same thing happening with D presidents and D congresses. The rich get rich and the poor get poorer, so what else is new. Don't try to turn it into a partisan thing because it really is class warfare rather than D vs. R.
Regards, Pete > Real Wages Fail to Match a Rise in Productivity > > <http://www.nytimes.com/2006/08/28/business/28wages.html> > > ( -or- http://tinyurl.com/hfjxo ) > > - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - > With the economy beginning to slow, the current expansion has a > chance to become the first sustained period of economic growth since > World War II that fails to offer a prolonged increase in real wages > for most workers. > > That situation is adding to fears among Republicans that the economy > will hurt vulnerable incumbents in this year’s midterm elections even > though overall growth has been healthy for much of the last five years. > > The median hourly wage for American workers has declined 2 percent > since 2003, after factoring in inflation. The drop has been > especially notable, economists say, because productivity — the amount > that an average worker produces in an hour and the basic wellspring > of a nation’s living standards — has risen steadily over the same > period. > > - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - > > -- Ed Leafe > -- http://leafe.com > -- http://dabodev.com > > > > > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
