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'Here's something to think about: If the housing boom from 2000 to 2007 produced no sustainable wage increases (if indeed any wage increases at all) what will? After pondering that, think about where home prices are going with poor wage potential and tightened lending standards.'

Joy.

1 posted on 09/13/2009 8:34:22 AM PDT by BGHater
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To: BGHater

These studies do not count non-cash income, such as health insurance provided for employers. They also do not adjust for changes in average household size.


2 posted on 09/13/2009 8:49:39 AM PDT by proxy_user
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To: BGHater
C'mon, people. Think!

This article compares income at the height of the dot-com boom to income during the worst recession since WWII. It then pretends to claim that, ipso facto, there was no increase during 10 years.

Don't fall for such transparent baloney. Incomes were increasing until the recession hit; then they dropped. Who would expect anything different?

3 posted on 09/13/2009 9:40:50 AM PDT by BfloGuy (It is not from the benevolence of the butcher, the brewer, or the baker, that we can expect . . .)
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To: BGHater
These charts show exactly what the opponents of outsourcing/offshoring/visa workers/open borders have been saying for the past decade. This depression actually started right after Y2K. Bubbles in the housing sector and the various imaginary bubbles in the financial sector kept the results hidden or simply delayed.

The RINOs and Democrats waged economic war against the middle class, at a time during which consumer spending accounted for 70% of the economy, and now the results are clearly visible. We are in a full-blown depression, and the communists are in control of the White Hut and both houses of Congress.

Visa workers are still coming in at the rate of 140,000 per month, or 1.68 million per year, displacing American citizens from their jobs, and still no hint of slowing. That accounts for 16.8 million American jobs lost since 1999, mostly among high tech, engineering, and professional categories. Few of these displaced workers ever regain their previous levels of income.

Illegal aliens and H2 visa types have displaced American citizens in construction, food processing, and other unskilled and semi-skilled categories, probably to a tune greater than 20 million over the same decade.

Free Traitors set up the conditions for this communist takeover, and they should be well remembered for it.

4 posted on 09/13/2009 2:13:38 PM PDT by meadsjn
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