Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: A. Pole
The average purchasing power of an american worker declined 0.3% in August, following a decline of 0.2% in July. Basically what this means is, that in June, a worker's salary could pay for 1000 widgets, now the same worker can afford 995.

It is only 1/2 of 1% but it is dramatic. If you lose a manufacturing job that pays $54,000 an hour, and take a $35,000 job like somebody here was suggesting, your net income has dropped by 35%. Is that what is going to happen in this country?

It is in effect. No manufacturing jobs, so the wife works, and the couple together earn what a manufacturing job would have paid and more, for one guy with the wife at home.

84 posted on 09/17/2003 9:24:01 AM PDT by dogbyte12
[ Post Reply | Private Reply | To 75 | View Replies ]


To: dogbyte12
If you lose a manufacturing job that pays $54,000 an hour, and take a $35,000 job like somebody here was suggesting....
That would be me. I don't WANT anyone in the US to lose their job, lose wages, or die in a car crash. I was proposing an alternative to losing the job altogether.

No manufacturing jobs, so the wife works, and the couple together earn what a manufacturing job would have paid and more, for one guy with the wife at home.
Who says the wife has to work? I would never propose that forcing your spouse to go to work is a good solution.

99 posted on 09/17/2003 9:33:17 AM PDT by BMiles2112
[ Post Reply | Private Reply | To 84 | View Replies ]

To: dogbyte12
It is in effect. No manufacturing jobs, so the wife works, and the couple together earn what a manufacturing job would have paid and more, for one guy with the wife at home.

Yes...and what are the "intangible" costs to our society as a result?

101 posted on 09/17/2003 9:33:56 AM PDT by truthkeeper
[ Post Reply | Private Reply | To 84 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson