:: Running from the Thought Police ::

Reality-Based Thoughts, Ruminations, and Unsolicited Opinions of a University of Illinois at Urbana-Champaign student alumnus and employee.
:: Welcome To Running from the Thought Police :: bloghome | contact :: Still Fair And Balanced ::
old glory
I pledge allegiance to the Flag of the United States of America, and to the Republic for which it stands: one Nation, indivisible, with Liberty and Justice for all.
:: Pledge of Allegiance, ca. 1923-1954
issue ad
:: a lot of crap has gone down recently. the red cross helps out when crap goes down. send 'em your dough.
[::..archive..::]
Sesame Street Terror Alert Indicator
Terror Alert Level
[::..posts to note..::]
::daily illini/danish cartoon controversy timeline::
::evolution/young earth creationism correspondence series::
::versions of the pledge::
::evolution/id correspondence series::
::blogging style I hate::
::comments policy::
::why the name?::
::why pseudonymous?::
[::..local..::]
:: uiuc
:: uiuc weather
:: gruel
:: daily illini
:: retire the chief
:: iems
:: uiuc college dems
:: champaign co. dems
:: champaign co. clerk
:: chambana craigslist
:: news-gazette
:: the point
:: the catholic post (diocese of peoria)
[::..pertinent..::]
:: owasippe outdoor education center
:: owasippe staff association
:: owasippe blog
:: benet academy
:: wikipedia
:: bsa fieldbook 4th ed
:: the guide
Shrub Alert
[::..lefty blogs..::]
:: daily kos
:: talking points memo
:: atrios' eschaton
:: uggabugga
:: orcinus
:: political animal
:: the bellman
:: rittenhouse review
:: brad delong's semi-daily journal
:: blah3
:: quark soup
:: freeway blogger
[::..medblogs..::]
:: the cheerful oncologist
:: kevin, m.d.
:: far from perfect
:: doctor
:: the lingual nerve
:: db's medical rants
:: the examining room of dr. charles
:: retired doc's thoughts
[::..illinois blogs..::]
:: archpundit
:: random act of kindness
:: peoria pundit
:: modern vertebrate
:: polite dissent
:: narciblog
:: respublica
:: state rep. john fritchey's blog
Homeland Terror Insurance System
[::..local blogs..::]
in location and spirit
:: it's matt's world
:: the next frontier
:: foleyma
:: uiuc college dems blog
:: tim johnson watch
:: iss blog
:: an old guy
:: josh rohrsheib
:: zwichenzug
:: bang my head upon the fault line
:: illini? or huskie?
:: illini wonk
:: illinipundit
:: discursive recursions
:: willBLOG
:: news-gazette weblogs
:: cu blogs.com
[::..catholic blogs..::]
that aren't boring or caustic
:: catholic ragemonkey
:: the shrine of the holy whapping
:: waiting in joyful hope
:: bad catholic
:: unapologetic catholic
[::..feeder blogs..::]
:: the raitt stuff
:: doublethink
:: mel
:: uncensored blog madness
:: zwichenzug holding zone
:: steeph's blog
:: the lion and the donkey
[::..flag of interest..::]
:: the city of new orleans flag
[::..biased reporting..::]
:: the nation
:: dubya's scorecard of evil
:: smirking chimp
:: the register
:: progressive punch
[::..wastes of time..::]
:: the onion
:: dave barry's blog
:: a private dick's blog
:: addicting games
:: darwin awards
:: college humor
:: devil's dictionary x
:: democrats.com
:: popdex.com
Homeland Conservative Advisory System
[::..cartoons..::]
:: weebl and bob
:: strongbad email
:: neurotically yours
[::..ego inflation..::]
:: blogosphere ecosystem details
Enhanced Terror Alert
Listed on BlogSharesGet Firefox! Blogwise - blog directoryFree Google Page Rank Checker Blog Directory
<< # St. Blog's Parish ? >>

:: Saturday, September 02, 2006 ::

Rising Tides Raise Only Rich Boats

That wonderful economy Illinipundit occasionally trumpets? It's not going to you and me, folks.
Between 1995 and 2005, productivity -- a measure of the quantity and quality of what workers produce per hour -- grew 33.4 percent. But hourly wages rose only 11 percent, with almost all of that increase coming during the late 1990s, according to EPI.

Looking back even farther, the disparity is greater. Since 1979, productivity rose 67 percent, while wages rose only 8.9 percent.

"The economic expansion continues to bypass most working families," said EPI economist Jared Bernstein, a coauthor of the report.

...Since 2001, however, the median wage for both genders with college educations remained essentially flat.

And among young college graduates, their entry-level wages have fallen since 2000 -- 79 cents per hour for men and 33 cents per hour for women.
This of course doesn't even touch on the loss of benefits, which the article goes on to describe. I've read elsewhere that this most recent period of productivity growth is the first time since WWII that such growth wasn't accompanied by a growth in real wages. I'm sure that Atrios or Brad Delong, both economists, could analyze the crap out of this, but I think it's safe to say that, for all the rosy pictures the economic numbers paint for the economy at large, the benefits of our economy aren't being felt by the average voter, let alone the poor who need it most.

:: The Squire 1:33 PM :: email this post :: ::

...


This page is powered by Blogger. Isn't yours? Weblog Commenting and Trackback by HaloScan.com