But why?
Unit labor costs are increasing!
Oh.
Good to know that unit labor costs are a
direct measure of lower and lower middle class wages.
What, they're not?
So then what's your point again?
Normative rant and nothing else.
Okay.
So the creation of two part-time jobs that pay minimum wage, neither of which provide benefits, is the same thing as the creation of an equal number of good jobs.
You know that's what you're arguing, right?
Even if we concede this point, we should expect welfare claims to increase as the country ages and the population grows.
We should expect 20% of American households to be receiving SNAP?
Maybe if we've been smoking crack that's what we'd expect.
Riiiiiiight.
Agreed.
There's something wrong with home ownership being normal.
So the inability of Americans to afford homes, while completely abnormal, isn't really a concern.
:roll:
Remember dude, we're talking about lower and lower middle class people here.
Not the economy overall.
Look at the things that people who are living paycheck to paycheck buy, paycheck to paycheck.
The price of a Firebird Trans Am is down but the price of a loaf of bread and a gallon of milk is, relatively speaking, through the roof.
Maybe you should study up on basic microeconomic trade theory before spouting off at the mouth. It would save quite a bit of time for everyone you engage, along with yourself!
Like I said, the microeconomics, specifically, of a working man trying to feed his family.
Not microeconomic trade theory.
Not "I've got a BS in economics and now work in data entry".
But how our economy is actually effecting the three lowest quartiles of the American people.
Bottom line is that those people are sucking ass.
Maybe you should study up on basic microeconomic trade theory before spouting off at the mouth. It would save quite a bit of time for everyone you engage, along with yourself!