Friday, November 2, 2012

Wages matter?

And The Not So Pretty: Record Low Rise In Average Hourly Wages | ZeroHedge

This post at ZeroHedge is shart and very pertinent.

And The Not So Pretty: Record Low Rise In Average Hourly Wages



Compared to job "gains", it is obvious that all nominal gains are at the expense of wage losses:



So jobs growing yes, more people with work yes, income of the American wage earner not so much.
Increasing jobs, decreasing quality jobs, lower pay, I believe I have had enough of current economic policies.

 Thanks to Tyler Durden and ZeroHedge

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