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[email protected] jpjccd@psbnewton.com is offline
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Default the future of america

On Sun, 10 Jan 2010 15:09:17 -0500, bpuharic wrote:

On Sun, 10 Jan 2010 14:00:13 -0600, wrote:

On Sun, 10 Jan 2010 14:43:54 -0500, bpuharic wrote:

conservatives are getting everything they want for the middle class:

http://www.msnbc.msn.com/id/34769831...iness-careers/


The forecast for the next five to 10 years: more of the same, with
paltry pay gains, worsening working conditions, and little job
security. Right on up to the C-suite, more jobs will be freelance and
temporary, and even seemingly permanent positions will be at greater
risk. "When I hear people talk about temp vs. permanent jobs, I
laugh," says Barry Asin, chief analyst at the Los Altos (Calif.)
labor-analysis firm Staffing Industry Analysts. "The idea that any job
is permanent has been well proven not to be true." As Kelly Services,
CEO Carl Camden puts it: "We're all temps now."

All that cutting has been good for corporate profits. Earnings
rebounded smartly as companies kept payrolls down after the 2001
recession; by 2006 profits had hit a 40-year high as a share of
national income, at 10.2 percent, according to Bureau of Economic
Analysis data.

and for the ultra rich:


http://www.msnbc.msn.com/id/34784964...ew_york_times/

The bank bonus season, that annual rite of big money and bigger egos,
begins in earnest this week, and it looks as if it will be one of the
largest and most controversial blowouts the industry has ever seen.

Bank executives are grappling with a question that exasperates, even
infuriates, many recession-weary Americans: Just how big should their
paydays be? Despite calls for restraint from Washington and a chafed
public, resurgent banks are preparing to pay out bonuses that rival
those of the boom years. The haul, in cash and stock, will run into
many billions of dollars.

----------------

but the rich have nothing to worry about. under rush limbaugh,
american workers will continue to destroy themselves so that the rich
will be protected.



Apparently, the pressure put on CEO's to streamline and to make agile
their respective business concerns by the millions of middle-class
401k's that demand profitability for the good of the investment
is...palpable.



unfortunately NONE of the increases in profits and NONE of the
increases in productivity goes to america's middle class.

none of it.


A declaration without corroboration or supporting statistical studies?
Why should I be skeptical?

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