Wednesday, August 22, 2007

Economic dissatisfaction.

Crooks and Liars » Why so many are unsatisfied with the economy:
"...Bush and his allies frequently say, “Look at GDP and unemployment rates! You guys should be thrilled! What kind of idiots are you people?” Maybe news like this will help conservatives better understand the widespread discontent.
Americans earned a smaller average income in 2005 than in 2000, the fifth consecutive year that they had to make ends meet with less money than at the peak of the last economic expansion, new government data shows. […]

The combined income of all Americans in 2005 was slightly larger than it was in 2000, but because more people were dividing up the national income pie, the average remained smaller. […]

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