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#1
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#3
posted to rec.boats
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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. |
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