To: Arthalion
Oh, really? Did you make the above up?
74 posted on
10/14/2004 12:05:44 PM PDT by
1rudeboy
To: 1rudeboy
Pardon me while I laugh. LOOK AT YOUR OWN DANG CHART!
Sure, we're not down to 1960's levels yet, but I have to point out that, right there on your own chart, median household income began to flatten out 1998 (even amid the biggest economic boom in American history) and has been flat or declining ever since. Coincidentally, the push for widescale outsourcing of the services industries began at the same time.
Even factoring out the recession, the flattening of income during such a major period of economic growth should have been ringing alarm bells (Clinton probably buried the numbers to keep himself looking good), and the continued dropping of median income following the end of the recession SHOULD have everyones attention today. Kerry has mentioned it exactly once and didn't propose any way to fix it (oh, wait, I forgot his mythical "plan"), and Bush has sidestepped the issue entirely.
The American middle class is being squeezed, and I believe that outsourcing is a driving factor.
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