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Fri 30 Jul, 2004 08:06 am
Americans' incomes fell for two years
Report:
IRS data shows first-ever consecutive-year drop;
loss of jobs blamed.July 29, 2004: 12:59 PM EDT
http://money.cnn.com/2004/07/29/news/economy/income/
NEW YORK (CNN/Money) - Americans' overall income shrank for two consecutive years after stocks plunged in 2000, the first time that has effectively happened since the current tax system was put in place during World War II, according to a published report Thursday.
But the last two paragraphs are peculiar. Check them out.
As expected, that is what happens when the well paying jobs go overseas and are replaced with "Burger flipping" ones. Whenever, Bush and the republicans speak of job creation they studiously avoid mentioning the quality of those jobs.
doglover
Quote:96 days and counting till the voters tell Bush to take his job and shove it.
From your mouth to God's ears.