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Thread: The economic recovery turns 2: Feel better yet?

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    The economic recovery turns 2: Feel better yet?

    The economic recovery turns 2: Feel better yet? - USATODAY.com

    Executive pay is included in this figure, but rank-and-file workers are far more dependent on regular wages and benefits. A big chunk of the economy's gains has gone to investors in the form of higher corporate profits.

    "The spoils have really gone to capital, to the shareholders," says David Rosenberg, chief economist at Gluskin Sheff + Associates in Toronto.

    Corporate profits are up by almost half since the recession ended in June 2009. In the first two years after the recessions of 1991 and 2001, profits rose 11 percent and 28 percent, respectively.

    And an Associated Press analysis found that the typical CEO of a major company earned $9 million last year, up a fourth from 2009.
    Well hey. I'm glad somebody is doing well.

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    Re: The economic recovery turns 2: Feel better yet?

    Maybe I am counting wrong...but shouldn't his be our second recovery summer?
    Obama is NOT 50 feet tall, he is ONE inch deep.
    Mark Levin

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    Re: The economic recovery turns 2: Feel better yet?

    "Are you better off than you were 4 years ago?"

    ME: No.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: The economic recovery turns 2: Feel better yet?

    So much for "change".

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    Re: The economic recovery turns 2: Feel better yet?

    But you would be better off if you were on the other side of the equation. 25% better off, as a matter of fact. Life would be very good, indeed.

    It must be like 'through the looking glass', over there.

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    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by BDBoop View Post
    But you would be better off if you were on the other side of the equation. 25% better off, as a matter of fact. Life would be very good, indeed.

    It must be like 'through the looking glass', over there.
    Perhaps - but I don't put much weight into hypotheticals, and I certainly don't buy into the whole class warfare stuff. Look, bottom line is if the situation were reversed and CEO's were getting royally screwed and the workers had the opportunity to make 25% more, of course they'd take it, in a heartbeat.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by Amazed View Post
    Maybe I am counting wrong...but shouldn't his be our second recovery summer?
    500,000 jobs a month, isn't that what Uncle Joe Biden promised?

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    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by BDBoop View Post
    But you would be better off if you were on the other side of the equation. 25% better off, as a matter of fact. Life would be very good, indeed.

    It must be like 'through the looking glass', over there.
    It would be better, if we didn't have an anti-small business government that is constantly over-reaching with too much regulation.

    Those fat cat CEO's making less money isn't going to help me one damn bit.

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    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by cpwill View Post
    500,000 jobs a month, isn't that what Uncle Joe Biden promised?
    Well, you gotta hand it to'em, we only lost 2 million jobs in the past 12 months.

    What's the Libbo talking point on that? "It coulda been worse"?

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    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by apdst View Post
    Well, you gotta hand it to'em, we only lost 2 million jobs in the past 12 months.

    What's the Libbo talking point on that? "It coulda been worse"?
    Actually I think it is and was ... isn't that the entire talking point that supports the stimulus package? Didn't the administration say if they didn't do the stimulus, we'd have gone into a depression or it would have been so many time worse or something like that?
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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