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Tellin you all the Bucky troof: Bush claims for job growth = income loss

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Bucky Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-24-04 10:44 AM
Original message
Tellin you all the Bucky troof: Bush claims for job growth = income loss
After three years of job losing, the Bushies are finally relieved to be able to report just in time that there was actual job growth in this last quarter of 2003. It was paltry, but new jobs finally, for once, exceeded the existing jobs that were simultaneously being elimnated from our economy. So you'd think that that was a good thing.

Now the Economic Policy Institute comes along and poops on our parade. Apparently in every single state except Nebraska and Nevada (often referred to as "America's NE-caps" by people too polite to say what body part Florida represents) there has been a net shift in jobs in America "from higher-paying to lower-paying industries."



This has happened in the time since November 2001, when official government statistics say the recession formally ended. And yes, the recession is over with. The economy is no longer receding per se, it's simply trapped down in the Bush doldrums. Here's how the EPI puts it:
Nationwide, industries that are gaining jobs relative to industries that are losing jobs pay 21% less annually. For the 30 states that have lost jobs since the recession purportedly ended, this is the other shoe dropping—not only have jobs been lost, but in 29 of them the losses have been concentrated in higher paying sectors. And for 19 of the 20 states that have seen some small gain in jobs since the end of the recession, the jobs gained have been disproportionately in lower-paying sectors...

The shift in jobs from higher-paying industries to lower-paying industries has affected nearly every state. This dynamic has the potential to significantly slow the growth of living standards for working families.


While this bodes ill for our chances in Nebraska and Nevada, I think we all need to get out there and tell the Zomby troof on 'em everywhere else. Bush is turning us into a banana republic. He's not a divider because of his politics, creating gulfs between conservatives and liberals. He's a divider because his economy and reckless giveaways to the wealthy are creating an economic gulf between the rich and the rest of the country.
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kalian Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-24-04 10:47 AM
Response to Original message
1. Here's my story....I went from making 43K/year in 2001....
Edited on Sat Jan-24-04 10:48 AM by kalian
to 27K/year in 2003...
Any questions...?

On edit: yes, I am in one of those dark grey states...Colorado to
be exact...
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ayeshahaqqiqa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-24-04 10:54 AM
Response to Reply #1
2. And I
went from making 8 bucks an hour to 7.50-not much of a change, you might say, but the 8 buck job had benefits, the 7.50 has none.
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lastknowngood Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-24-04 10:58 AM
Response to Original message
3. Yes but if we make the illegal aliens legal
we can lower your wages even more. <republican think off>
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kalian Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-24-04 11:06 AM
Response to Reply #3
4. Unfortunately....you're right. That's EXACTLY what they want to do.
...
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