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On Sat, 30 Oct 2010 00:57:25 -0400, wrote:

On Fri, 29 Oct 2010 20:09:01 -0700, wrote:

On Fri, 29 Oct 2010 20:32:26 -0400, wrote:

On Fri, 29 Oct 2010 20:18:04 -0400, Wayne.B
wrote:

On Fri, 29 Oct 2010 20:03:37 -0400, wrote:

He said just what I said. The US Middle Class has not had a raise
since 1973 ... and he said it 30 times or more here.

Maybe Bob's middle class didn't but certainly a lot of other middle
class folks did better by any reasonable measure. I'd agree that a
lot of that was the result of two income families and better job
opportunities for women. Of course the unfortunate result of better
opportunities for women meant fewer for guys with marginal skils or
work ethic.

I believe that too. I just did not want to start that fight ;-)

It is a case of supply and demand. When you double the number of
workers, wages will fall.

That implies a steady-state economy, which doesn't exist.

The economy is barely keeping pace with the population. That is why we
are creating lots of jobs and the unemployment rate is static.

We're creating jobs and those who've given up looking are starting to
do so again. That's what's going on, mostly. It's a big hill to climb.