It is true that income and wages are still about 2% below the peak they hit in 2000 before the dot-com bust and recession.
It is 2007 and the result of two series of tax cuts is that the American worker has fallen behind.
The WSJ says more of the same will bring diferrent results.
WOOF - 10:01pm on 01/07/2007
Nice selective reading doofus.
The Whistler - 06:01am on 01/08/2007
Usual dismissal of the salient facts, Tool.
Income still down after 6 years of “recovery”.
WOOF - 08:01am on 01/08/2007
If you read the story you’ll see that at this stage of the recovery we are ahead.
Besides we aren’t building our personal incomes on the dot-com bubble.
The only thing close to that is the housing market has been red hot. But that isn’t going to burst like a bubble, it will more likely fizzle. (People gotta live somewhere and many people will just make payments knowing that the market will recover)
It is 2007 and the result of two series of tax cuts is that the American worker has fallen behind.
The WSJ says more of the same will bring diferrent results.
Nice selective reading doofus.
Usual dismissal of the salient facts, Tool.
Income still down after 6 years of “recovery”.
If you read the story you’ll see that at this stage of the recovery we are ahead.
Besides we aren’t building our personal incomes on the dot-com bubble.
The only thing close to that is the housing market has been red hot. But that isn’t going to burst like a bubble, it will more likely fizzle. (People gotta live somewhere and many people will just make payments knowing that the market will recover)