Engineer
Elite Member
- Oct 9, 1999
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Originally posted by: charrison
Originally posted by: conjur
Fact? Why is it a fact? Because you say so?Originally posted by: charrison
The fact remains that average wage continues to rise. So that alone makes it obvious that the jobs that are lost are not being replaced with lesser paying jobs.
You have developed a VERY bad habit of citing "fact" with no proof or basis for that "fact". One of your "facts" was already disproven by nergee.
As for the average wage continuing to rise, sure, it's rising but is it outpacing inflation? Is it increasing enough to cover increasing medical costs?
And you are just getting in a very bad habit of being stupid as of late. You are quoting a report based on 2-3 year old data that says at the very least wages are at least keeping up with inflation. So it still appears wages are not falling, even according to you own links.
This report backs up Kerry's claims last year of a "shrinking middle class"
http://www.census.gov/Press-Release/www...ses/archives/income_wealth/002484.html
Consumer Prices Increase, Outstrip Wages
http://www.washingtonpost.com/wp-dyn/co...rticle/2005/08/16/AR2005081600411.html
Slower wage growth (Chart)
(more like negative wage growth)
And why should I bother posting anything to back up my claims, you would not bother to read them anyway, because after all if it is not a digestable graph it is too difficult for you. It appears you did not even read the wapo article as it is not nearly as gloomy as you would like it to be.
So no comment on what conjur posted? Seemed pretty clear that the middle/lower middle are stuck in wages at or below inflation while the upper's rise. Losing manufacturing takes these decent paying jobs away and I doubt that service jobs are indeed paying as much as those lost manufacturing jobs. People might be working more or even two jobs, but I doubt 4 million people that were let go have an "average" wage higher than that of the manufacturing environment.
Losing those jobs = larger profits = larger pay for those at the top (investor class) = lower for the rest of us poor slobs, not to mention trade deficit <insert puke icon here>
