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Re: Wages & Hoopla
By the way, nice job of cherry picking the numbers you chose to present. Why did you start Clinton's numbers in 1996? Was it because the previous years were so dismal?
Well, I would consider $277.37 to be higher than $262.67, wouldn't you? These numbers are the average of Clinton's presidency vs the average of Bush's.unlawflcombatnt said:Wages are not "considerably" higher now than they were when Bush took office. Earnings in real 1982 dollars were $274.39/week in December of 2000. In March of 2006, weekly earnings were $276.33. That's a total 5-year increase of only 0.7% (not to mention the 1.3% decline since December of 2002.)
Furthermore, in the 5 years from January 1996 through December 2000, weekly wages rose from $256.06 to $274.39, or 7.2%. Again, contrast this with less than 1% under Bush. What's worse, the wage increases are due exclusively to increases in the high income categories. An overwhelming majority of Americans have seen their real wages decline since Bush first took office.
By the way, nice job of cherry picking the numbers you chose to present. Why did you start Clinton's numbers in 1996? Was it because the previous years were so dismal?
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