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Old 05-08-2008
southrnfried southrnfried is offline
Concerned Citizen

 
Member Since: May 2008
Location: south
Posts: 43

   
Re: No Recession Yet - GDP up in Q1-2008

Quote:
Originally Posted by iamwhatiseem View Post
What ideas are you talking about?
I have listed some economic factual data, I am not aware of any "ideas" that I have put forth in this thread...nor am I making any "broad assumptions"...if you are not aware that for blue collar laborers things are not so good....then I don't know what planet your living on - it sure isn't the one I occupy.
You're making false assumptions based on this data. You said;

Quote:
this is the first generation since the depression that a worker entering into the same job, at the same plant - will make LESS actual dollar per hour than 10 years ago.
What is this based on? I didn't see a source. You are aware that the same job 10yrs ago might not have the value it does today aren't you? And when you mention plants I tend to think Detroit and the auto industry and how the unions and retired employee payouts are killing the US auto industry.
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