Wages are the much ignored basic prop for 70% of the American economy. Working class American wages are what prop up consumer spending.
The banksters substituted DEBT, until wages could not service that debt.
Stagnant or dropping wages bodes ill for the economic recovery so devoutly hoped for by America's working class. No wages means no money to pay mortgages, rents, food and medical bills... much less to pay for dinner out or a movie.
Wages are stagnating or falling according to the Washington Post.
So we have the American government shoveling $Trillions to the Banksters who caused this disaster, AND WHO STILL WANT MORE, while working people get... the shaft in the US Senate on keeping their homes.
And working class Americans are going to get the shaft again if ConservaDems like Ben Nelson get NON-reform on healthcare.
The US Economy is shedding jobs at a record rate, wages are stagnant or falling, the US government is going the wrong way.
What will turn this around? JOBS!
'Change We Can Believe In' NOT 'More of the Same'.
RMD