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1 posted on 05/11/2005 2:00:04 PM PDT by ninenot
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To: ninenot

Bump


2 posted on 05/11/2005 2:00:32 PM PDT by hedgetrimmer
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To: Willie Green; afraidfortherepublic; A. Pole; hedgetrimmer; XBob; Elliott Jackalope; VOA; ...

Things are Swell!! Things are Great!! We have Nothing to Hit but the Heights!!


3 posted on 05/11/2005 2:01:13 PM PDT by ninenot (Minister of Membership, Tomas Torquemada Gentlemen's Club)
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To: ninenot

All that this shows is that their is a divergence between one method of calculating inflation and how wage and benefit increases are calculated.


5 posted on 05/11/2005 2:04:22 PM PDT by Libertarianize the GOP (Make all taxes truly voluntary)
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To: ninenot

Free-trade, open borders bump!!!!


6 posted on 05/11/2005 2:04:29 PM PDT by NEBUCHADNEZZAR1961
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To: ninenot

Chill out people. This is a survey from the Financial Times, not a US Government Statistical release. Tax receipts are booming (on Monday it was announced the budget deficit for 2005 will be at least $55 billion less than projected three months ago). That is a far more accurate link to incomes.

Tax receipts can't rise that fast without income growth. Just today CNN/Money released an article talking about the return of hiring for higher paying jobs, the best numbers in their report for four years.

Financial Times is not even an American paper, take this with a grain of salt.


9 posted on 05/11/2005 2:07:02 PM PDT by LRoggy (Peter's Son's Business)
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To: ninenot

I wonder how the wages are tracking in China and India..


10 posted on 05/11/2005 2:07:16 PM PDT by AntiGuv (™)
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To: ninenot
The Employment Cost Index, seen by some as the most reliable measure, excludes overtime and professional partnerships.
12 posted on 05/11/2005 2:10:27 PM PDT by Diddle E. Squat
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To: ninenot
He bases this on the Employment Cost Index and says it's, "seen by some as the most reliable measure" but that's not true.

First, the ECI lags. If you want to see employment cost trends you look at the monthly hourly earnings data in the employment report. Second, he says nothing about benefit costs (when you count benefits there's an increase). Third, the ECI is used to look at shifting employment between industries, and benefit costs.......this article shows that it can also be used to spread bullsh*t propaganda.
22 posted on 05/11/2005 2:26:01 PM PDT by Jaysun (No matter how hot she is, some man, somewhere, is tired of her sh*t)
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To: ninenot
Oh please. Do they never give up their mindless nattering.

The unemployment rate is at 5.2%......the lowest in memory and all we get is whine whine whine.

24 posted on 05/11/2005 2:45:15 PM PDT by OldFriend (MAJOR TAMMY DUCKWORTH.....INSPIRATIONAL)
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To: ninenot
Oh please. Do they never give up their mindless nattering.

The unemployment rate is at 5.2%......the lowest in memory and all we get is whine whine whine.

25 posted on 05/11/2005 2:45:18 PM PDT by OldFriend (MAJOR TAMMY DUCKWORTH.....INSPIRATIONAL)
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To: ninenot
The last time salaries fell this steeply was at the start of 1991, when real wages declined by 1.1 per cent.

Who was the president in 1991? Someone can refresh my memory?

28 posted on 05/11/2005 3:09:58 PM PDT by A. Pole (Ukrainian proverb: "Iak buly moskali, buv khlib na stoli, a iak bude Ukraina, bude bida po kolina")
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To: ninenot

Employment is great. Witness the FReepers stampeding to post this article.


31 posted on 05/11/2005 3:23:19 PM PDT by 1rudeboy
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To: ninenot

I don't even take note of this crap anymore.

Really, it's waste of time.

According to a "study" or a "research paper" (Covering a small window in time and excluding all other time periods that don't fit into/feed the right data for the desired predetermined outcome), our real wages are sinking. OMG, I'm really nervous now!

All these "studies" and all their findings are really confusing me. I still haven't figured out if I should eat butter or Margin? Is caffeine OK or really bad? What about the pill? What did this "study" find again? Ah, yea this article was on the acid rain studies and how all our forest will be dead by 2000. Or was it the “we’ll be out of global oil reserves by 2000” study? Really, these studies confuse me. Why was there this fixation on the year 2000 by all these green groups? Did God create the Earth and say "If you're bad I'll have your oil run out on 1 JAN 2000 at 00:00:01"? Really? What is the probability that with some random number of trillion barrels of global oil reserves, 4.5 billion years of this planet being around, some un-programmed level of oil consumption over several hundred years-causing all the worlds oil to run dry by 2000 sharp? Did they get their facts form “The Hitchhikers Guide to Environmentalism?”

Anyway-back on topic,

Did you now we have a "jobless economic recovery" according to the MSM? No, really! Weird how unemployment is AT FIVE POINT TWO PERCENT and the MSM talks of a “jobless economic recovery”? Again, that’s Five (5) Point (.) Two (2) Percent (%) unemployed in these hard desperate jobless times when real wages are dropping (Only if you look between some certain dates-the fine print of the article).

So, I was told automation would replace workers and we’d all be unemployed because we’ll loose our factory jobs (1970-1985 or so) at the assembly plant. Now we have millions working in the IT industry and some are telling me that everyone will loose their job again. According to several “studies” in the past, our real wages were dropping and America was getting poorer than ever. Wait, are we recycling themes here in a round about way? No way. As Ronald Reagan once asked the American people “Are you better off today than four years ago?”, I’d like to ask- “Are we worse off than 5.4 years ago?” Truth is, even if we complain and want more and better (That’s a good thing!), our standard of living over time as gone up and up in the long run. Despite all the “jobless recoveries”, “working poor”, “decline in real wages” and and and it at least SEEMS or APPEARS to me (But I can only really remember back to about 1978) that over time things have been getting at least a little better. But that’s a personal perspective and not a conclusive, hard, indisputable, empirical, factual, “study”.

Red6


37 posted on 05/11/2005 4:13:37 PM PDT by Red6
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To: ninenot

Bush...


52 posted on 05/12/2005 5:41:56 AM PDT by gathersnomoss
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To: ninenot
Stagflation brought to you by the Fed.


BUMP

69 posted on 05/31/2005 2:55:02 AM PDT by tm22721
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