Brother, can you spare a nickel?

The hourly impact of Bush's economic policies

Buried in the NY Times article about the soaring economy is the real answer to why regular people don't feel the economy is soaring - we aren't feeling it.

Spending by upper-income families appears to be driving much of the economy's
growth. The average hourly wage for rank-and-file workers — who make up roughly
80 percent of the work force — has fallen by 5 cents in the last four years, to
$16.49, after inflation is taken into account. Yet most well-paid workers have
continued to receive raises.

You read that correctly - 80% of the population have seen their hourly wage stagnate for the past 4 years. Yet the article claims the economy is soaring. Well, I guess I have to hope to be in that 20%. It's the Republican way though - the whole trickle down belief that's a load of shit. I might be crazy, but I happen to believe the economy is not soaring if a very high majority have actually experienced a wage cut.

Thanks once again you incompetent fool who can't even ride a bike or eat pretzels without tempting The Grim Reaper.

Tags:
* politics * president * george bush * republican * democrat * conservative * liberal * congress
* New York Times * NYT * inflation * hourly wage * Republican * economy * minimum wage
* middle class * lower class * trickle down economics