A rising tide that lifts only yachts ( Liberal Whining On the Economy Alert)

LA TImes ^ | 05/05/2006 | Ezra Klein

[P-40]

Our economy has grown so starkly unequal

I wonder if they checked that statement with the IRS...

[ClearCase_guy]

64% disapprove of Bush's handling of the economy. It's strange.

Huh. I wonder if the MSM coverage has anything to do with that.

[frogjerk]

HOOVER: "This article makes me feel all warm and fuzzy..."

[in hoc signo vinces]

Or perhaps merely the 1000 deadbeats they poll to engineer their agenda?

Either way, media in this country can't be taken seriously. They're all Jon Stewart wannabes, no facts, only barely comical rhetoric...

[techcor]

He kinda looks like Lou Dobbs.

[Hendrix]

Our economy is booming, no matter how you slice it or dice it. The left always trots out the class warfare rhetoric to further their real goal and concern, which is more redistribution of wealth. Economic growth is economic growth. The left's issue is not the economy or economic growth--it is that the growth is not redistributed to those who don't earn it.

[steve8714]

This article is not all crap. If you factor in taxes, the middle class is taking it in the shorts again. I put 50K miles on my old town car per year, make less than $80,000.00 and taxes still are what hold me down. Income inequality is a fact of life, not a government policy decision, but it grew most rapidly in the second Clinton admin.

[JmyBryan]

Reading the title, one supposes a significant increase in demand for yacht builders, cleaners, maintenance, security, etc ...

[Hang'emAll]

A rising tide that lifts only yachts ....

Well Ted Kennedy, John Kerry, John Edwards, and Hillary should like that because they either own a yatch or could buy one.

[randog]

A rising tide that lifts only yachts

Liberals love to invoke physically impossible metaphors to explain their economically ignorant concepts.

[jordan8]

So the author opposes keeping the wages of the working class down by maintaining the level of mass immigration we have now? Didn't think so.

[D.P.Roberts]

Economy up

Women, minorities, and LOSERS hit hardest

[waverna]

Disapproval of Bush's handling of the economy does not equal disapproval of the economy.
I would like to see him do some things differently, like push harder on the Social Security issue. But I am happy with the economy.

[WOSG]

Typical drive-by liberal-agenda media attempt to tell us why the good news on the economy is not really good news.

"Last quarter may have seen 4.8% growth, but hidden in those numbers was a depressing factoid: Wages had only grown 0.7% — slower than housing, health or gasoline costs."

... and in April wages are up, news I'm sure they will forget to print...

[eleni121]

You need some deductions it sounds like---buy a house--- Or maybe control discretionary spending..or maybe get married and have a few kiddies ;>)

[steve8714]

I have a mortgage and a01..at 55 no more dependents are coming. Yhese would nibble the edges only.

[GSlob]

Well, long ago it has been revealed that a paycheck [and also raises and bonuses] comes from a boss who could either give it or withhold it. However, if one assiduously keeps saving and investing what one has saved, one gets a second income stream which is ultimately more reliable, and with time could grow bigger than a paycheck. It is as if one is giving raises and bonuses to oneself.

[steve8714]

I'm not whining about what comes in, only what is taken at the point of a gun.