The Shift In The Economy
Title:
The Shift In The Economy
Word Count:
430
Summary:
Many of the jobs in President Bush’s "recovery" are low-wage, low-benefit service and retail j
Key among them: debt coupled with paycheck paralysis.
Most people coming out of college with or without a degree are starting life off with about $2
Then they try to support themselves on low wages after gett...
Keywords:
economy, bankruptcies
Article Body:
Many of the jobs in President Bush’s "recovery" are low-wage, low-benefit service and retail j
Key among them: debt coupled with paycheck paralysis.
Most people coming out of college with or without a degree are starting life off with about $2
Then they try to support themselves on low wages after getting out of school.
A generation ago finishing high school was what was needed to get a job and to have a reasonab
Now what is needed is a university degree and not just any degree, look at all people working
In the last 30 years compensation for somebody with a university degree has actually decreased
Personal bankruptcy filings nationwide last year exceeded 2 million, the highest annual level
There were significant increases in consumer bankruptcy filings in every region. The total of
So are these 2 million people Scofflaws?
Credit counselors say the debtors coming to their offices can´t afford to pay basic living exp
Corporate profits have reached record highs.
People are working longer for the same or a lesser amount of money.
During the period from November 2003 to March 2004 - when job growth was increasing - average
Companies are reducing health care benefits and are declaring bankruptcy to get rid of pension
Yes, but there are Tax Cuts.
Tax Cuts have to be paid for by somebody at some point in time.
If the tax cuts were financed largely or entirely through spending cuts or: if the tax cuts we
The net result seems to be net tax cuts for about 20-25 percent of households, financed by net
So 75% to 80 % of Taxpayers are going to be worse off with tax cuts.
The "losers" are going to be low- and middle-income wage earners.
The trade deficit for last year is estimated to have swollen to another record high, above $70
At some point in time these foreigners are going to want their money back.
Then what?
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The Shift In The Economy
Word Count:
430
Summary:
Many of the jobs in President Bush’s "recovery" are low-wage, low-benefit service and retail j
Key among them: debt coupled with paycheck paralysis.
Most people coming out of college with or without a degree are starting life off with about $2
Then they try to support themselves on low wages after gett...
Keywords:
economy, bankruptcies
Article Body:
Many of the jobs in President Bush’s "recovery" are low-wage, low-benefit service and retail j
Key among them: debt coupled with paycheck paralysis.
Most people coming out of college with or without a degree are starting life off with about $2
Then they try to support themselves on low wages after getting out of school.
A generation ago finishing high school was what was needed to get a job and to have a reasonab
Now what is needed is a university degree and not just any degree, look at all people working
In the last 30 years compensation for somebody with a university degree has actually decreased
Personal bankruptcy filings nationwide last year exceeded 2 million, the highest annual level
There were significant increases in consumer bankruptcy filings in every region. The total of
So are these 2 million people Scofflaws?
Credit counselors say the debtors coming to their offices can´t afford to pay basic living exp
Corporate profits have reached record highs.
People are working longer for the same or a lesser amount of money.
During the period from November 2003 to March 2004 - when job growth was increasing - average
Companies are reducing health care benefits and are declaring bankruptcy to get rid of pension
Yes, but there are Tax Cuts.
Tax Cuts have to be paid for by somebody at some point in time.
If the tax cuts were financed largely or entirely through spending cuts or: if the tax cuts we
The net result seems to be net tax cuts for about 20-25 percent of households, financed by net
So 75% to 80 % of Taxpayers are going to be worse off with tax cuts.
The "losers" are going to be low- and middle-income wage earners.
The trade deficit for last year is estimated to have swollen to another record high, above $70
At some point in time these foreigners are going to want their money back.
Then what?
This is a demo version of txt2pdf v.10.1
Developed by SANFACE Software http://www.sanface.com/
Available at http://www.sanface.com/txt2pdf.html