Welcome! Please Log In
Go
Essentials Popular Topics
My Favorite Forums Join Discuss to setup a list of your favorite forums.
Re: Quite right, Guv, corporate profits, cash on hand and productivity are all up Governor  06-20-2008, 4:31 PM | Post #2530711
0  

But workers?  Not so much. Last year their wages declined at an even faster rate adjusted for inflation than has been the case for the last thirty-five years.  And they have declined the most under the Bush administrations tenure over national economic policy even as the congressional democrats and the Clinton administration have been complicit in the climate which has contributed to this environment.

 The image “http://www.heritage.org/Research/Economy/images/avghourwagesweb.gif” cannot be displayed, because it contains errors.
And Hank is quite correct about the unions being virtually dead in this country.  On that score the handwriting was on the wall with Ronald Raygun's breaking of PATCO during his first term.  Neither the unions or air traffic safety have ever recovered since.  Things are even worse under Bush with an FAA which can't do its job because it's undermanned, underfunded and filled with inspectors who cozy up to the airlines by failing to perform their jobs with proper inspections while they are led by political hacks in bed with Bush neocons and the airline industry.

Unions are not dead in the manufacturing sector, hence the reason why employment in the sector is still declining.  All govt agencies are always poorly funded and the most inefficient mechanisms for safety. 

Topics airlines employment environment industry jobs View Complete Thread
 
© Copyright 2008 Morningstar, Inc. All rights reserved. Please read our Terms of Use and Privacy Policy.
Quotes for NASDAQ are 15 minutes delayed. All other exchanges are delayed 20 minutes.