Loading ...Ask yourself, “Why the hell are they going hammers to hell now, to restore the US Economy? Because it was effin UNRESTORED since 1975 and it went too far.
A very long time ago I made a post about the unemployment. Even if we had ZERO unemployment, if most people are under paid for higher expenses, and barely getting by, and can’t piss away money, its the same as a 10% unemployment rate.
Look at all the empty store fronts. Food stamps. Even the Gov’t is under paid ($20 trillion shortfall) because of low wages. Minimum wage today to copy 1967’s $1.40/hr would require $26/hr today for the same purchasing power. And the average national wages today is $26.90 they said.
I know what you all are thinking. What the business media tells you. We can’t pay a burger flipper $26/hr. Well, yesterday I emptied my mailbox. Everything in it was garbage circulars. I put it all right in with my kitchen garbage, and told Mrs. Copper……
“Do you believe, they just paid a GROWN man about $40-$50/hr with benefits? to deliver GARBAGE to my house. A burger flipper job is a lot harder. BUT, the difference, the mail man is paid by the Gov’t, us, and the burger flipper is paid by a private sector business man who doesn’t want to pay you anything. If for example most people were OVER paid, and combined with an unemployment rate of 10%, the “economy” would not “notice” it
Now the funny part. We all hate Nancy Pelosi, but look what she said…..
Parts of story:
The Conference Board’s Consumer Confidence Index rose 2.4 points in May, reaching 128 — for the highest reading in more than 17 years, (me now, only 2001, what was it 1960 1000?) she claimed low unemployment numbers reported earlier “mean little” to the American people.
People say, ‘Oh my goodness, … people are saying the unemployment rate is down, why isn’t my purchasing power increasing?” Pelosi said. “So, this isn’t just about the unemployment rate, it’s about wages rising in our country, so that consumer confidence is restored.”
Story with video: