Per WaPo 10/30:
Economy rose 3.7%, below the concensus 4.3% expected
Over W's full term, average growth rate 2.7%, compared to Clinton's 2-term 3.7%. Jimmy Carter managed 3.3% over his single term.
Labor Dept. reported 2.4% growth in wages, the SLOWEST growth rate ON RECORD, and not enough to keep up with inflation.
Wage growth has slowed for 4 straight years
Also -the share of economy going to wages is now 45.4% (DOWN from the 49.5% when W took office)while corporate profits have gone UP from 7.8% to 10.1%
Wage growth
2000 4% Clinton
2001 3.6% G W Bush
2002 3.2% G W Bush
2003 2.9% G W Bush
2004 2.4% G W Bush
WHY are people who work for a living still undecided???
Deal with the OBL tape, of course, but somebody needs to push this as well. We can't afford 4 more years, either in terms of national security, or in terms of our wallets