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Redstorm
Prince of Bugs



Registered: 10/08/02
Posts: 44,175
Last seen: 6 months, 28 days
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Juest because CEO's are making more doesn't mean that workers are making less.
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ArcofaJourney
Internaltransportationdevice

Registered: 10/05/05
Posts: 582
Loc: your imagination
Last seen: 6 years, 11 months
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Re: Thank you, George Bush [Re: Redstorm]
#5619701 - 05/12/06 12:00 AM (18 years, 11 days ago) |
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Quote:
Redstorm said: Juest because CEO's are making more doesn't mean that workers are making less.
yeah no shit, not everyone you talk to on the internet is a complete moron, but actually today people are on average making less than a generation ago...or even a few years ago.
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downforpot
Stranger

Registered: 06/25/01
Posts: 5,715
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Re: Thank you, George Bush [Re: Redstorm]
#5620037 - 05/12/06 03:00 AM (18 years, 11 days ago) |
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Quote:
Redstorm said: Juest because CEO's are making more doesn't mean that workers are making less.
Ummm, the reason people are talking about is hecause the people ARE making less. Oh and the gap between rich and poor is widening but DieCommie says he lives like a king, in this world. Well, I wanna live like a God or at least have an OPPORTUNITY to do so and not be stuck in the same class forever.
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http://www.myspace.com/4th25 "And I don't care if he was handcuffed Then shot in his head All I know is dead bodies Can't fuck with me again"
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Redstorm
Prince of Bugs



Registered: 10/08/02
Posts: 44,175
Last seen: 6 months, 28 days
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Quote:
ArcofaJourney said:
Quote:
Redstorm said: Juest because CEO's are making more doesn't mean that workers are making less.
actually today people are on average making less than a generation ago...or even a few years ago.
Have any stats to back that up?
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downforpot
Stranger

Registered: 06/25/01
Posts: 5,715
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Re: Thank you, George Bush [Re: Redstorm]
#5621713 - 05/12/06 03:57 PM (18 years, 11 days ago) |
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Red, it's pretty much common sense that incomes are falling. Not by a lot but a few percentage points.
http://www.usatoday.com/money/economy/income/2006-02-23-fed-incomes_x.htm
"The household balance sheet is in good shape, better shape today ... but it's not improved for everybody. It's improved for the people in the top distribution of income and wealth,"
From 2001 to 2004, average family income fell 2.3%, to an inflation-adjusted $70,700 from $72,400 in the 1998-2001 period. By contrast, from 1998 to 2001, average income jumped 17.3%. Median income — the midpoint of the income range — rose 1.6% to $43,200.
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http://www.myspace.com/4th25 "And I don't care if he was handcuffed Then shot in his head All I know is dead bodies Can't fuck with me again"
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Silversoul
Rhizome


Registered: 01/01/05
Posts: 23,576
Loc: The Barricades
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Re: Thank you, George Bush [Re: Redstorm]
#5621756 - 05/12/06 04:09 PM (18 years, 11 days ago) |
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Quote:
Redstorm said:
Quote:
ArcofaJourney said:
Quote:
Redstorm said: Juest because CEO's are making more doesn't mean that workers are making less.
actually today people are on average making less than a generation ago...or even a few years ago.
Have any stats to back that up?
Actually, I don't really need any stats to notice it. In my parents' generation, single-income households were the norm, and people were able to raise their children just fine in relative prosperity. Now, it seems like both parents usually have to work in order for the child to stand any decent chance.
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RandalFlagg
Stranger
Registered: 06/15/02
Posts: 15,608
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Re: Thank you, George Bush [Re: Silversoul]
#5621867 - 05/12/06 04:52 PM (18 years, 11 days ago) |
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Quote:
Silversoul said: Actually, I don't really need any stats to notice it. In my parents' generation, single-income households were the norm, and people were able to raise their children just fine in relative prosperity. Now, it seems like both parents usually have to work in order for the child to stand any decent chance.
It should be noted that the size of the average house in America has practically doubled. Also, people nowadays have copious amounts of consumer electronics and often a vehicle for everybody in the house. If we were to live a material lifestyle similar to a 1950's family then most of us could get away with having only one bread-winner in the family.
But, we are more gluttonous nowadays. And because of that moms and dads have to work themselves to death.
Edited by RandalFlagg (05/12/06 04:54 PM)
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ArcofaJourney
Internaltransportationdevice

Registered: 10/05/05
Posts: 582
Loc: your imagination
Last seen: 6 years, 11 months
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Re: Thank you, George Bush [Re: RandalFlagg]
#5623045 - 05/12/06 09:53 PM (18 years, 10 days ago) |
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Quote:
RandalFlagg said:
Quote:
Silversoul said: Actually, I don't really need any stats to notice it. In my parents' generation, single-income households were the norm, and people were able to raise their children just fine in relative prosperity. Now, it seems like both parents usually have to work in order for the child to stand any decent chance.
It should be noted that the size of the average house in America has practically doubled. Also, people nowadays have copious amounts of consumer electronics and often a vehicle for everybody in the house. If we were to live a material lifestyle similar to a 1950's family then most of us could get away with having only one bread-winner in the family.
But, we are more gluttonous nowadays. And because of that moms and dads have to work themselves to death.
That i completely agree with, consumerism has been a reason why we work so long for what seems like less money, but actually there are plenty of resources out there to find solid evidence that the average family makes less income now than before. Most of them are in books, i read a bunch when i did an independent study on the subject in college, but for our purposes, i'll point you in this direction:
http://www.epi.org/content.cfm/webfeatures_econindicators_income20050831
"it appears that the changes in the economy—globalization, fewer unions, lower minimum wages, shifting norms in taxation and regulation favoring investors over wage-earners, and recoveries without adequate job growth—have significantly increased the time it takes for working families to reap the benefits of growth."
My opinion is that yes, the economy appears to be booming, lots people are making lots of money, the rich are getting richer, but the average working family has not seen much of the benefits to this point. The top 5% are very reluctant to ummm..trickle it down as they say...
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niteowl
GrandPaw


Registered: 07/01/03
Posts: 16,291
Loc:
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Re: Thank you, George Bush [Re: zappaisgod]
#5623804 - 05/13/06 03:58 AM (18 years, 10 days ago) |
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Quote:
zappaisgod said: Come to me. I will pay you $10 an hour, as long as you have no physical infirmities. You will leave me with a skill too, lessons for which I won't charge you.
May I be one of your employees???
Train me Obi-Wan.....train this eager padawan.
-------------------- Live for the moment you are in nowDon't be bogged down by your pastDon't be afraid of what lies in your future
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Redstorm
Prince of Bugs



Registered: 10/08/02
Posts: 44,175
Last seen: 6 months, 28 days
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Re: Thank you, George Bush [Re: Silversoul]
#5624297 - 05/13/06 11:34 AM (18 years, 10 days ago) |
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Quote:
Silversoul said:
Quote:
Redstorm said:
Quote:
ArcofaJourney said:
Quote:
Redstorm said: Juest because CEO's are making more doesn't mean that workers are making less.
actually today people are on average making less than a generation ago...or even a few years ago.
Have any stats to back that up?
Actually, I don't really need any stats to notice it. In my parents' generation, single-income households were the norm, and people were able to raise their children just fine in relative prosperity. Now, it seems like both parents usually have to work in order for the child to stand any decent chance.
I'm not disagreeing; I just wanted to see some stats.
There are many more reasons why both parents are working, though, other than decreasing wages. Rising energy costs, health care costs, increased demand for luxury items, and increased college tuition fees are also contributing.
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Alex213
Stranger
Registered: 08/22/05
Posts: 1,839
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Re: Thank you, George Bush [Re: Redstorm]
#5624588 - 05/13/06 01:08 PM (18 years, 10 days ago) |
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The UK went through even harsher free market bullshit in the 8-'s and it's resulted in a similar situation. Unions destroyed, working rights decimated, decreasing wages. Blairs dream is to provide an "attractive investment area" for buisness which means you can pay poor money, hire and fire at the drop of a hat and never have any union problems. Great for CEO's, catastrophic for everyone else.
As a result women are also having to work even when they have young kids at home. I guess we need a Chavez or Morales as much as South America does
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zappaisgod
horrid asshole

Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 11 months
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Re: Thank you, George Bush [Re: niteowl]
#5624615 - 05/13/06 01:14 PM (18 years, 10 days ago) |
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Quote:
niteowl said:
Quote:
zappaisgod said: Come to me. I will pay you $10 an hour, as long as you have no physical infirmities. You will leave me with a skill too, lessons for which I won't charge you.
May I be one of your employees???
Yes.
Quote:
Train me Obi-Wan.....train this eager padawan.
Padawan? I don't know. A carpenter you will become though. Even if I have to beat it into you. Every day. Or as needed. Whichever comes first.
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Luddite
I watch Fox News


Registered: 03/23/06
Posts: 2,946
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Re: Thank you, George Bush [Re: zappaisgod]
#5634243 - 05/15/06 06:48 PM (18 years, 7 days ago) |
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After digging to a depth of 1,000 meters, French scientists found copper wiring dating back 1,000 years and came to the conclusion that their ancestors had a telephone system all those centuries ago. Not to be outdone, the British dug to a depth of 2,000 meters and found fiber optic cable. They concluded their ancestors had an advanced, high tech, digital communications network a thousand years before the French. One week later, an Israeli newspaper reported the following: "After digging as deep as 5,000 meters in a Jerusalem marketplace, scientist found absolutely nothing. They therefore concluded that, 5,000 years ago, Jews were already using wireless technology."
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=4686861&tid=vtel&sid=4686861&mid=48040
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Rogues_Pierre
Stranger


Registered: 03/03/06
Posts: 99
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Re: Thank you, George Bush [Re: Luddite]
#5636595 - 05/16/06 07:47 AM (18 years, 7 days ago) |
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"Before we begin this interview, I want to thank God for bringing us to this land of dreams. We sincerely thank President George Bush and the American government for letting us enter as refugees."
http://www.opinionjournal.com/editorial/feature.html?id=110008365
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Phred
Fred's son


Registered: 10/18/00
Posts: 12,949
Loc: Dominican Republic
Last seen: 9 years, 4 months
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Re: Thank you, George Bush [Re: Phred]
#5673137 - 05/25/06 01:47 PM (17 years, 11 months ago) |
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I had written on May 9:
Quote:
Rate of growth -- The preliminary figure for growth in the last quarter was an annualized rate of 4.8%. That will almost certainly be adjusted upwards, since the preliminary numbers are ALWAYS on the low side.
So what was the final figure? 5.3%, slightly below the whitehot 5.7 predicted by some economists, so obviously we're in a depression:
"U.S. economy shot forward at an upwardly revised 5.3 percent annual rate in the first quarter, the fastest growth in 2-1/2 years, as companies built up inventories and exports strengthened, a Commerce Department report on Thursday showed.
"First-quarter growth in gross domestic product was more than triple the 1.7 percent annual rate recorded in last year's fourth quarter, though still slightly below Wall Street economists' forecasts for a 5.7 percent pace.
"Prices remained in check, with the core personal consumption expenditures price index that the Federal Reserve favors rising at a 2 percent rate compared with 2.4 percent in the fourth quarter.
...
"In addition, exports were stronger than originally reported, rising at a 14.7 percent annual rate rather than 12.1 percent."
http://today.reuters.com/news/newsarticl...&src=rss&rpc=23
Phred
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Phred
Fred's son


Registered: 10/18/00
Posts: 12,949
Loc: Dominican Republic
Last seen: 9 years, 4 months
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Re: Thank you, George Bush [Re: Phred]
#5804040 - 06/29/06 05:12 PM (17 years, 10 months ago) |
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And -- as is almost always the case, it turns out the initial and even the REVISED reports were still on the low side. Final figure for first quarter (Jan 1 to March 31 of 2006) was 5.6%
Source: http://biz.yahoo.com/ap/060629/economy.html?.v=17
Phred
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Gijith
Daisy Chain Eater

Registered: 12/04/03
Posts: 2,400
Loc: New York
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Re: Thank you, George Bush [Re: Phred]
#5804071 - 06/29/06 05:24 PM (17 years, 10 months ago) |
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good times
-------------------- what's with neocons and the word 'ilk'?
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Trepiodos
Disgustipated


Registered: 06/30/06
Posts: 469
Loc: Los Angeles County Jail
Last seen: 14 years, 7 months
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Re: Thank you, George Bush [Re: Gijith]
#5807959 - 06/30/06 10:50 PM (17 years, 10 months ago) |
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I detect unquestioning faith in government figures manipulated for public consumption. Was this faith present during the Clinton administration when the economy was supposed to be "the best in twenty years," our deficits were disappearing, the savings rates were higher, indebtedness was lower and fuel, food and housing were less?
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And as things fell apart, Nobody paid much attention... - David Byrne, '(Nothing But) Flowers' from the Talking Heads' album, 'Naked'
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Trepiodos
Disgustipated


Registered: 06/30/06
Posts: 469
Loc: Los Angeles County Jail
Last seen: 14 years, 7 months
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Re: Thank you, George Bush [Re: Alex213]
#5808018 - 06/30/06 11:07 PM (17 years, 10 months ago) |
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Quote:
Alex213 said: The UK went through even harsher free market bullshit in the 8-'s
The U.S. is not going towards a free market. Warfare/welfare state socialism is the order of the day. We are in the midst of perhaps the largest expansion of government in our history with heavy doses of crony capitalism, and the luring of the public to debt slavery to the banking cartel headed by the federal reserve. Corporatism is not the same as a free market. In a free market, there would be no corporate welfare, sweetheart deals for merchants of death, or a government enforced banking cartel with the right to print the nations only legal tender.
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And as things fell apart, Nobody paid much attention... - David Byrne, '(Nothing But) Flowers' from the Talking Heads' album, 'Naked'
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hamarrboo
Warrior Priest


Registered: 06/29/06
Posts: 15
Loc: Wisconsin, USA
Last seen: 16 years, 6 months
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Re: Thank you, George Bush [Re: Trepiodos]
#5808776 - 07/01/06 02:20 AM (17 years, 10 months ago) |
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Quote:
Trepiodos said: I detect unquestioning faith in government figures manipulated for public consumption. Was this faith present during the Clinton administration when the economy was supposed to be "the best in twenty years," our deficits were disappearing, the savings rates were higher, indebtedness was lower and fuel, food and housing were less?
Ever heard something called the .com bubble? Most of Clinton's good numbers were a direct result of the sudden boom.
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