Saturday, June 4, 2011
You Mean You Can't? Idiot Socialist Pipe Dreams vs. Real World Paychecks . . . .
There's nothing like a huge excess supply of labor due to rampant unemployment and a shift in hiring from good-paying construction and manufacturing jobs to lower-paying social work and nursing home jobs to put a damper on employed Americans' chances of earning more money this year (in terms of buying power) than 10 years ago.
Even during the Great Depression, Americans who had jobs and kept them managed bigger real wage gains, on average, than their counterparts today. (H/t: Investor's Business Daily.)
Posted by Quite Rightly at 10:19 PM