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Our Great Economic U-Turn - 5/14/2008 4:17:57 PM   
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quote:


Some nonmedian folks did just fine, of course: The top 20% of households earned more, after taxes, than the rest of the country combined in 2005, while the topmost 1% of the population took home more than the bottom 40%. The top-earning hedge fund manager of 2007, in fact, made about as much last year in nominal dollars ($3.7 billion) as J. Paul Getty, one of the richest men in the world, was worth in the mid-1970s.



Real hourly wages for most workers, on the other hand, have risen only 1% since 1979, even as those workers' productivity has increased by 60%. What's more, American workers now clock more hours per year than their counterparts in virtually every other advanced economy, even Japan. And unless you haven't read a newspaper for 15 years, you already know what's happened to workers' health insurance and pension plans.


http://online.wsj.com/article/SB121072656227790335.html?mod=todays_columnists

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RE: Our Great Economic U-Turn - 5/14/2008 4:23:51 PM   
pahunkboy


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[sarcasm]  that just shows how LAZY people are.  they dont want to work

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RE: Our Great Economic U-Turn - 5/14/2008 4:43:24 PM   
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quote:

ORIGINAL: pahunkboy

[sarcasm]  that just shows how LAZY people are.  they dont want to work


Well, some of them are, pahunk.

_____________________________

Fake the heat and scratch the itch
Skinned up knees and salty lips
Let go it's harder holding on
One more trip and I'll be gone

~~ Stone Temple Pilots

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RE: Our Great Economic U-Turn - 5/14/2008 6:26:19 PM   
SugarMyChurro


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Let the riots begin. Wait...

Blood and souls for My Lady, Madame Guillotine.

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RE: Our Great Economic U-Turn - 5/14/2008 6:28:35 PM   
kittinSol


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You called  ?

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