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"Everything for the State, nothing against the State, nothing outside the State" - Benito Mussolini -
The job total looks somewhat impressive. But the real question are the types of jobs seeing gains. After all, your new McDonald's worker sure as hell isn't going to make as much as, say, an experienced construction worker or computer programmer.
Gatekeeper"I may not agree with what you have to say, but I'll die defending your right to say it." — Voltaire
"Wheresoever you go, go with all your heart." — ConfuciusComment
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1.2% is "much more?"
Compare to Italy. That's "much more."I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Immigrants do, and as DanS said just above your post, the American workforce is tied to immigration.Originally posted by JohnT
Babies don't work Spiff.
Besides, those who were babies ca. 20 years ago now work.
DanS provided the rule of thumb of 150,000 new jobs a month to absorb the increase of the workforce. This means that the quarter's increase is nice, but nothing exceptional."I have been reading up on the universe and have come to the conclusion that the universe is a good thing." -- Dissident
"I never had the need to have a boner." -- Dissident
"I have never cut off my penis when I was upset over a girl." -- DisComment
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Average hourly wage went up $0.03 in the month of June. according to BLS
"Everything for the State, nothing against the State, nothing outside the State" - Benito MussoliniComment
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Still providing us with a higher employment total...Originally posted by DanS
1.2% is "much more?"
Compare to Italy. That's "much more."
12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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Together with double deficits (current account and budget) approaching 5% of GDP you'd think that even DanS would have some doubts in the back of his mind...12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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Let the good times roll, indeed
12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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Since Jan 2005, average hourly wages have gone from $15.90 to $16.03, an increase of
Since Jan 2005, the inflation rate is 1.5%
Since Jan 2005, average hourly wages have increased 0.8%"Everything for the State, nothing against the State, nothing outside the State" - Benito MussoliniComment
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mmmmm....stagflation12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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Let the good times roll indeed
I see we're not the only ones with a problem of eroding purchasing power."I have been reading up on the universe and have come to the conclusion that the universe is a good thing." -- Dissident
"I never had the need to have a boner." -- Dissident
"I have never cut off my penis when I was upset over a girl." -- DisComment
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Fed's walking the razor's edge right now....12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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Have you seen the show "30 days", with the guy who did Supersize Me?
Episode 1 was living 30 days on Minimum Wage. Pretty amazing.
Episode 2 was an overweight guy using lots of "supplements" and working out hardcore for 30 days.
Episode 3 was a white hardcore Christian hick living as a Muslim in a Muslim community for 30 days.
Episode 4 was a homophobic straight hick living on Castro Street with a gay roommate for 30 days.
"The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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While I'm not supporting Dan's rosy views: CPI did went negative in april to may. That's not really a condition for stagflation.Originally posted by KrazyHorse
mmmmm....stagflationDISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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to be fair, its not all the feds fault - if the idiot bush hadnt raised the twi deficits to 5% of GDP and done all of his ridiculous tax cuts and pork barrel spending, we wouldnt have a problem with a squeezed fed, who policies have less and less of an effect for every extra dollar that bush spends.
didnt anyone tell him that he can veto?"Everything for the State, nothing against the State, nothing outside the State" - Benito MussoliniComment
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