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Isa Goretti Auto-Expulsado a petición de usuarios
Registrado: 20 Jun 2012 Mensajes: 15
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Publicado: Jue Jun 21, 2012 7:56 am Título del mensaje: War on the Middle Class in USA |
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A War Is Raging In America, a war that has engulfed our workplaces and our homes, our communities and our schools. It is an undeclared war but the casualties continue to rise, the cost grows out of control and the long-term damage becomes ever more alarming.
The war is no less than an all out assault on the middle class, waged by a government that has become the instrument of corporate and special interests, by a business culture that is driven by the profit motive about all other considerations, and by media that relies more on sensationalism than responsible reporting of the news. The consequences are as clear as they are indisputable: the loss of the manufacturing sector, the outsourcing of more and more jobs overseas, the shocking decline in our educational standards, out-of-control health-care costs, and an ever-widening gap in income between the haves and have-nots.†……… Lou Dobbs
I can hardly wait to read this book,.Lou Dobbs calls it like it is.
the masses were the middle class until the last 7 years. Now the masses are the poor
Wholesale inflation last year shot up by the largest amount in 26 years while retailers suffered their worst December shopping season in five years as mounting economic woes caused consumers to put away their wallets.
retail sales fell by 0.4 percent in December, the worst showing in six months, the Commerce Department reported. Consumer confidence has plunged, reflecting the worsening housing slump and a lingering credit crisis.
In a third report, the government said that inventories held by businesses rose by 0.4 percent in November, reflecting big increases in stockpiles held by manufacturers and wholesalers. The 0.4 percent rise matched a similar increase in September and was in line with expectations. Inventories had risen by a much smaller 0.1 percent in October.
For inflation, the year ended on a more positive note with wholesale prices falling by 0.1 percent in December. That reflected decreasing costs last month for gasoline and other energy products. It was a significant slowdown after prices had soared by 3.2 percent in November, which had been the biggest one-month increase in 34 years.
The combination of rising inflation pressures and a weak economy represent a dilemma for the Federal Reserve over whether to cut rates to boost economic growth even at the risk of making inflation worse.
unemployment is rising. The jobless rate jumped to 5 percent in December, up from 4.7 percent in November. That was the biggest one-month surge in unemployment since October 2001
There are definitely big problems with the economy, which have steadily grown worse over over the last 40-50 years |
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achue2
Registrado: 16 Jun 2007 Mensajes: 7460 Ubicación: Paraguaná, Edo. Falcón
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