"Shall we bet the usual amount?"
Posted on 09/16/2013 5:41:48 AM PDT by Olog-hai
The gap in employment rates between America’s highest- and lowest-income families has stretched to its widest levels since officials began tracking the data a decade ago, according to an analysis of government data conducted for The Associated Press.
Rates of unemployment for the lowest-income families—those earning less than $20,000—have topped 21 percent, nearly matching the rate for all workers during the 1930s Great Depression. …
The findings follow the government’s tepid jobs report this month that showed a steep decline in the share of Americans working or looking for work. On Sunday, President Barack Obama stressed the need to address widening inequality, warning that proposed budget cuts will worsen the gap. …
(Excerpt) Read more at hosted.ap.org ...
As does nature.
I see you’ve fallen for the “US workers are unproductive” foreign propaganda. No; jobs keep leaving because of the taxation and regulation regimens. (Are workers at VW plants in Tennessee “unproductive”? They may become so if the UAW gets their hooks in there.)
Actually US workers are productive, and jobs need to start returning to America.
Bring back US jobs now.
Train up a child in the way he should go, and when he is old, he will not depart from it.
— Proverbs 22:6
Obviously Bush’s fault.
Wrong. Nice try. Your claim is absolutely not supported by facts or reality.
NEXT!
"Shall we bet the usual amount?"
You proposing a repeal of the 13th amendment? I'm sure that'll go over well...
Hey—Just modifying an old liberal chestnut from the Bush years.
New report debunks narrative on income inequality
http://www.laffercenter.com/2012/07/lefts-dubious-history-income-inequality/
The Latest News on Tax Fairness-top 20%’s share up, everyone else’s share down over last 30 years
http://online.wsj.com/article/SB10000872396390444873204577537250318931044.html?mod=googlenews_wsj
Administration Propaganda lies
“I see you’ve fallen for the “US workers are unproductive”
Not at all.
“jobs keep leaving because of the taxation and regulation regimens.”
I agree completely and am a proponent of the FairTax plan.
“(Are workers at VW plants in Tennessee “unproductive”?”
That is not the subject of the article and it was not the intent of my response.
In general, the “employment gap” is due to a persons value to a business. This is a different way of saying the persons productivity. It is not surprising that the folks that are laid off are the lowest earners, or the least productive, while the highest earners or most productive are still employed.
The article seems to imply that those that are still employed are doubly lucky compared to the poor unemployed person. The reality is that those that are still employed are usually those with the experience and skill to add value to their employers. Naturally, their life experience, technical expertise and education would lead to higher incomes.
Of course I am speaking in generalities and I am sure that exceptions exist to my statement.
“I know a couple of people that did that. They studied engineering and software. Came out of good schools and cannot get a jobe because they did not have work experience.”
Tell them to keep working in any job that they can get, and to keep building their knowledge (reading books, tech manuals, etc.) beyond their schooling. In addition, while working the crappy jobs to “be the best crap shoveler in the place” and they will see amazing opportunities open up to them.
It might take more work in the long run to get into their chosen fields, but those with tenacity will get there, while those that sit around playing video games all day will type on DU about the damn H1B visas given to chinese engineers.
“It might take more work in the long run to get into their chosen fields, but those with tenacity will get there, while those that sit around playing video games all day will type on DU about the damn H1B visas given to chinese engineers.”
Wow! What an aweful ending to that sentence. ;-)
I meant that those that sit around playing video games all day and complain about their “bad luck” will be the ones that end up just wishing they got more obamabucks on their EBT cards....
Define “poor”.
USA poverty line is 87% of world incomes.
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