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On 5 Mar 2005 13:02:17 -0800, wrote:
Hey Chuck, what is the educational background of the bottom 20% of wage
earners?
Why does someone making $7.00 an hour have two kids? Where does
personal
responsibility enter your calculations?
How the hell could Bush affect these 'problems' you present anyway?
Raise taxes
and give them more money?
***************
There are a lot of highly educated and experienced people who have been
forced into "under-employment". They will take anything they can get,
but often find the only jobs available are grunt level, miniwage gigs
for which they are over educated and over qualified. When you're making
$15 an hour, have two small kids, and then your job gets sent to India
and the best you can do to replace it is work for about half what you
were earning, what does the "personally responsible" person do then?
Put the kids up for adoption? Pimp out the daughter?
How did President Bush get dragged into this topic? The president
doesn't dictate the economy.
Nobody mentioned PB until you threw him up here.
Note that your 'average' hourly wage (actually $15.90) is for production and
nonsupervisory workers on private nonfarm payrolls. You are leaving out any
supervisory personnel which would, of course, affect your average significantly.
Unless your 'highly educated and experienced' represent the average production
or non-supervisory worker, which I doubt, then the income is probably much
higher.
What does the person do? Learn a new trade, settle for less money, do the things
he or she must do. Perhaps they'll have to lower their standard of living.
Perhaps they'll become the 'middle class' this country is losing.
Are there a 'lot' of them. I think not. The unemployment rate is 5.4%. What part
of that is represented by your sample. I think not a great percentage.
The fact, Chuck, is that our economy is better than that of almost every other
country in the world. Bush has done a good job, and you know it.
John H
"All decisions are the result of binary thinking."
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