For workers, it’s no holiday

Boston Globe
by Robert Kuttner

09/03/07

This Labor Day, America’s working families do not have a great deal to cheer. According to the new Census report on economic trends in 2006, median earnings for fulltime year-round workers last year fell by about 1 percent, even with a booming economy. Only the most affluent one-fifth of US households had net income gains between 2000 and 2006. The rest had declines, despite productivity growth averaging about 3 percent per year. The share of people with health insurance provided by employers declined, as did those with guaranteed pensions. And all of this discouraging news happened before the current financial turbulence. Housing values have now gone into their worse tailspin since the Great Depression. Even if the Federal Reserve manages to contain the effects on the broader economy, America remains on a course where the biggest gains go to a narrow elite, and ordinary people face increasing insecurity...

//tinyurl.com/yq6gtx


Informant: Thomas L. Knapp



//freepage.twoday.net/search?q=Labor+Day
//freepage.twoday.net/search?q=housing
//freepage.twoday.net/search?q=Robert+Kuttner

World-News

Independent Media Source

User Status

Du bist nicht angemeldet.

Suche

 

Aktuelle Beiträge

Trump and His Allies...
https://www.commondreams.o rg/views/2022/06/21/trump- and-his-allies-are-clear-a nd-present-danger-american -democracy?utm_source=dail y_newsletter&utm_medium=Em ail&utm_campaign=daily_new sletter_op
rudkla - 22. Jun, 05:09
The Republican Party...
https://truthout.org/artic les/the-republican-party-i s-still-doing-donald-trump s-bidding/?eType=EmailBlas tContent&eId=804d4873-50dd -4c1b-82a5-f465ac3742ce
rudkla - 26. Apr, 05:36
January 6 Committee Says...
https://truthout.org/artic les/jan-6-committee-says-t rump-engaged-in-criminal-c onspiracy-to-undo-election /?eType=EmailBlastContent& eId=552e5725-9297-4a7c-a21 4-53c8c51615a3
rudkla - 4. Mär, 05:38
Georgia Republicans Are...
https://www.commondreams.o rg/views/2022/02/14/georgi a-republicans-are-delibera tely-attacking-voting-righ ts
rudkla - 15. Feb, 05:03
Now Every Day Is January...
https://www.commondreams.o rg/views/2022/02/07/now-ev ery-day-january-6-trump-ta rgets-vote-counters
rudkla - 8. Feb, 05:41

Archiv

September 2007
Mo
Di
Mi
Do
Fr
Sa
So
 
 
 
 
 
 

Status

Online seit 6243 Tagen
Zuletzt aktualisiert: 22. Jun, 05:09

Credits


Afghanistan
Animal Protection - Tierschutz
AUFBRUCH für Bürgerrechte, Freiheit und Gesundheit
Big Brother - NWO
Brasilien-Brasil
Britain
Canada
Care2 Connect
Chemtrails
Civil Rights - Buergerrechte - Politik
Cuts in Social Welfare - Sozialabbau
Cybermobbing
Datenschutzerklärung
Death Penalty - Todesstrafe
Depleted Uranium Poisoning (D.U.)
Disclaimer - Haftungsausschluss
... weitere
Profil
Abmelden
Weblog abonnieren