You know any construction workers or factory floor workers? Doubt it.
The illegal immigration flood has had the effective result of keeping those wages depressed for years now.
To me, I knew once when the average American could raise a family on those types of jobs, have medical coverage, and pay for a home.
Not any more.
Laugh at this:
Sources: Congressional Budget Office; Department of Labor, Bureau of Labor Statistics.
Note: The vertical bars indicate periods of recession as defined by the National Bureau of Economic Research.
The manufacturing sector of the U.S. economy has experienced substantial job losses over the past several years. In January 2004, the number of such jobs stood at 14.3 million, down by 3.0 million jobs, or 17.5 percent, since July 2000 and about 5.2 million since the historical peak in 1979. Employment in manufacturing was its lowest since July 1950 (see Figure 1).
Source:http://www.cbo.gov/ftpdoc.cfm?index=5078&type=0
Sorce:http://www.census.gov/population/www/pop-profile/natproj.html
So, with 77 million baby boomers retiring soon (born 1946-1964), which is 22% of the entire population, and millions of manufacturing jobs out the window, I guess your interpretation and thinking is a results from your outcome-based education and embracing of the recent "NEW MATH" paints a rosey picture forever with a $9.2 trillion total debt?
The middle class will soon disappear.
I wonder where people got the money to buy goods at all those stores?
The illegal immigration flood has had the effective result of keeping those wages depressed for years now.
I want to build a wall and send illegals back.
To me, I knew once when the average American could raise a family on those types of jobs, have medical coverage, and pay for a home.
Let me guess, was that when every other manufacturing nation had been destroyed in WWII?
The manufacturing sector of the U.S. economy has experienced substantial job losses over the past several years. In January 2004, the number of such jobs stood at 14.3 million, down by 3.0 million jobs, or 17.5 percent, since July 2000 and about 5.2 million since the historical peak in 1979. Employment in manufacturing was its lowest since July 1950
And yet we manufacture more than ever. We export more than ever. Damn that increased productivity!
So, with 77 million baby boomers retiring soon (born 1946-1964), which is 22% of the entire population
Our population is 350 million? Are you using New Math?
and millions of manufacturing jobs out the window,
A majority of our population used to be farmers. I don't see any starving Americans now that farmers make up less than 3% of the population.
I guess your interpretation and thinking is a results from your outcome-based education and embracing of the recent "NEW MATH
You've discovered a problem with my math? Where?
And if 77 million boomers are retiring, I guess there'll be some job openings?
The middle class will soon disappear.
Now who's using bad math? LOL!
Right. See #244 on this one.