Sunday, April 25, 2004
Bush economics: Naked exploitation
Really, could Bush's vision for the economy be any clearer than this?
So, if this is a recovery, show me the money!
Oh, and what a nice touch from that VP with that "natives are getting restless" comment! Why not just say "slaves", since that is what was meant? Slaves to fear, slaves to the mortgage, slaves to the fear of losing health insurance, slaves to going under because there won't be another job if this one is lost....
Most workers are doing more in less time and getting paid about the same amount, according to government statistics. Average real income per hour for nonfarm workers, excluding managers and executives, rose 1.2 percent from the first quarter of 2002 to the fourth quarter of last year.
Meanwhile, worker output per hour improved by 7.3 percent.
"Because raises and bonuses have been low for the past few years, the natives are getting restless," said Bill Coleman, senior vice-president of compensation at Salary.com, a Wellesley, Massachusetts-based consultancy.
(via Reuters)
So, if this is a recovery, show me the money!
Oh, and what a nice touch from that VP with that "natives are getting restless" comment! Why not just say "slaves", since that is what was meant? Slaves to fear, slaves to the mortgage, slaves to the fear of losing health insurance, slaves to going under because there won't be another job if this one is lost....
