Posted on 10/12/2004 7:47:06 AM PDT by branch1
I would be interested to know what these "new" jobs are paying? Are these 7 dollar an hour at Mac D's or are these 20 dollar an hour mfg, svc and/or white collar 50K a year and up jobs???...hmmmmmmm
Someone earning $7 an hour in a fast-food joint here in the U.S. has a higher standard of living than a middle-class Western European. Go figure.
difference?
makes a lot of difference to the person making 7 bucks an hour as opposed to fifty or sixty K! LMAO
difference?
makes a lot of difference to the person making 7 bucks an hour as opposed to fifty or sixty K! LMAO
...are you implying that President Bush is at fault for someone getting $7.00 an hour? That wouldn't be the fault of the recipient? He/She designs thier life in a way that thier value in the working place is $7.00 an hour than so be it! Want more $$? Earn it! Don't look to the federal government for it!
That is rarely the case. Most people who earn $7 an hour are paid $7 an hour because that is what their labor is worth. I was paid less than $3.50/hour in my first job, and can remember how fantastic it was to get a job that paid $5.50 a couple of years later. At no time back then did I ever consider myself "underpaid" for my work.
I just asked what these jobs are paying...
Now if you can't provide that information, I have nothing more to discuss with you...
Have a nice day! LOL
I'm basing that on the new people my company has hired in the last 12 months. I have no idea how accurate that is in terms of the economy as a whole, but it's probably more accurate than anything you'll get from any other source.
I don't have the specific quote or date but about a month ago Greenspan spoke to this point and stated that a major portion of the jobs being created were not burger flipping jobs and were actually reasonably paying jobs with benefits. Others may be able to add to this with more specifics as to the type of jobs they are. He said this in response to claims of the Dems that the jobs were minimum wage burger flipping jobs and he wanted to make the point that the growth is real and the direction is good.
Bullcrap.
"Perhaps you should stop feeling sorry for yourself?"
ROFLMAO
feeling sorry for myself...THAT IS HYSTERICAL!
I own my own business since I got out of college which I started from scratch.
Yea, I feel reeeeeeel sorry for myself! LMAO
Better get off those camels, Joe!!!
Read harder:
As for wages, average hourly earnings have increased by 3.1 percent annually through September.
Not sure why people seem to be attacking you for a simple question. The points that can be infered from your question are things that need to be answered and not avoided if this is a true economic recovery. I believe Greenspan has addressed this to some extent.
Manufacturing jobs support the creation of service jobs, therefore the creation of manufacturing jobs is key to a sustainable economy and a good question that needs an answer in regards to what type of jobs are they. There's an economic line of thinking that 1 manufacturing job will help support 4 service industry jobs. This is something the service jobs can't do, practically by definition.
Long story short, if the jobs are well paying manufacturing related jobs, the growth will continue into the forseeable future but if they are mostly service jobs then the growth will be short lived and the market will become saturated. This is a simple point and if anyone has actual economic numbers, it would be very helpful to this topic.
Where else in the world can someone who lives below the poverty line own a car, live in an air-conditioned home, and have access to medical care at the finest facilities in the world?
One need only look at the price of gasoline to know that the "adjustment" for inflation doesn't reflect reality anymore.
More bullcrap.
The reason the question about "what types of jobs are they" can never be accurately answered is that these jobs are never tracked accurately to begin with.
To illustrate this, I'll post a question for anyone who has an interest in this topic: What has been the primary factor in the decline in manufacturing jobs in the U.S. over the last few decades?
The person who answers this correctly gets an A+ in Labor Economics 101.
What part of that statement do you dispute?
You asked a legitimate question and I am sorry that too many people here feel that attacking you somehow satisfies as an answer. From what you hear from the democrats that all these new jobs are burger flipping jobs. There has been no evidence to support that claim at all. None. The only evidence to the contrary, would be maybe an average wage or wage increase as reported by labot statistics, which I do not have right now. Alan Greenspan said that the claim that these new jobs are burger flipping jobs is not credible about a month or two ago.
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