despite the technical end of the last recession, businesses continue to hire an outsized percentage of temporary workers, who enjoy less job security and receive fewer benefits than permanent employees. Greenspan also admitted that Americans are having difficulty findings new jobs that pay as much as the ones they´ve lost.
You know what really ticks me? This Administration lies and distorts worse than the Democrats! Any one with a single braincell knows how bad things are. According to the IRS and my lying eyes, American wages are DOWN 10%! Who the heck do they think they're kidding?!
THIS will very likely cost Bush the election. The only way he'll ever get in office again will be that Kerry is such an obvious phony! What does it take for Bush to wake up and smell the destruction to Americans all across this nation?
If you look at the details of those statistics, you'll find that incomes were rising for taxpayers in most income brackets. The group that was DOWN and accounted for practically ALL of the statistical decline in national income was the evil 2% at the top -- those in the over $200K income bracket.
According to the IRS data, total INCOME (not the same thing as "wages") is down 5.1% from 2000 to 2002. But look at the numbers for those with income levels below $200,000. For the lowest earning group (<25K) number of returns in this group decreased 2.6% and total income for this group decreased 1.4%, while the average change in income per taxpayer in this group was an increase of 1.3%.
It looks like maybe those with the highest incomes had the biggest decline in income resulting from the clinton recession of 2000.
Actually, Bush is beginning to get the message.
Last weekend in Ohio, he explicitly acknowledged that jobs are at risk (assuming they are still around...) and that he, too, was concerned about it.
He wouldn't address the problem if he did not have a proposal in the works for a solution; keep your eyes on the news.
And yes, Kerry is NOT an option.
Employment is up. ASARCO and Phelps Dodge are actually expanding nationwide. Both of these companies pay very well. You know the economy is doing well when the #1 and #2 producers of copper are actually hiring people.
Not to blow my own horn (honk, honk), but I predicted the same thing about two years ago. I still believe it. If anything, it's gotten worse.
For some reason, people choose to believe what is printed in USA Today rather then the evidence of the the want-ad section of their local newspaper.
You're kidding, right?
No complaints here, I'm a happy camper!
No lie there on the temps. Where I work they are replacing $20 an hour perm employees slowly with $10 contractors. My kit once was run by people with at least some college, now we have a batch of people that on large just barely made it out of high school. One even told me that this job beats the best one she ever had before this, Burger King. They are less productive, and the rip up more gear, but they are what is being hired.