Join the forum, it's quick and easy

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Stillnutty passed away
Economic 'Recovery' has been good for firms and BAD for people EmptyWed Feb 06, 2019 3:59 pm by Sad American

» UF2 Members Chat Thread: Part 3
Economic 'Recovery' has been good for firms and BAD for people EmptyThu Mar 02, 2017 1:02 am by DesperateInRI

» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
Economic 'Recovery' has been good for firms and BAD for people EmptyWed Mar 01, 2017 8:19 pm by DesperateInRI

» I see this board has been quiet
Economic 'Recovery' has been good for firms and BAD for people EmptyTue Jun 07, 2016 1:24 pm by Knight1009

» Hello Ya'll. *Theirmommie*
Economic 'Recovery' has been good for firms and BAD for people EmptyTue Nov 17, 2015 9:42 am by my_lucid_bubble72

» 20 % of Americans Struggle To Buy Food
Economic 'Recovery' has been good for firms and BAD for people EmptyThu Jul 16, 2015 1:00 pm by pbrad009

» The Make Some One Day Challenge
Economic 'Recovery' has been good for firms and BAD for people EmptyWed May 27, 2015 12:32 pm by Prof_NSA

» Clues to why they not hiring you
Economic 'Recovery' has been good for firms and BAD for people EmptySun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed

» New Year Nothing Change
Economic 'Recovery' has been good for firms and BAD for people EmptyTue Jan 20, 2015 5:48 pm by Prof_NSA

» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
Economic 'Recovery' has been good for firms and BAD for people EmptyFri Dec 19, 2014 4:24 pm by charliekerper

» Forbes: America's #1 Problem is Jobs, Not Debt
Economic 'Recovery' has been good for firms and BAD for people EmptySat Nov 15, 2014 10:50 pm by jmainframe

» Economy just getting worse
Economic 'Recovery' has been good for firms and BAD for people EmptyMon Oct 06, 2014 12:16 pm by oncemore

» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
Economic 'Recovery' has been good for firms and BAD for people EmptyFri Oct 03, 2014 11:23 am by DesperateInRI

» Hey Guys!!!!
Economic 'Recovery' has been good for firms and BAD for people EmptyMon Sep 29, 2014 9:17 am by pbrad009

» Up all NIGHT WORRIED!
Economic 'Recovery' has been good for firms and BAD for people EmptyThu Sep 25, 2014 11:56 pm by pbrad009

Social Networks
July 2024
SunMonTueWedThuFriSat
 123456
78910111213
14151617181920
21222324252627
28293031   

Calendar Calendar


Economic 'Recovery' has been good for firms and BAD for people

Go down

Economic 'Recovery' has been good for firms and BAD for people Empty Economic 'Recovery' has been good for firms and BAD for people

Post by Guest Fri May 06, 2011 11:05 am

It’s not just tempting to say that the recovery has been good for firms and bad for people. It’s true. When Gallup polled Americans making less than $30,000, almost half thought we were in a depression and another 19 percent thought we were in a recession. Only 21 percent thought we were growing. As for people making more than $30,000, about a quarter thought we were in a depression and another 30 percent thought we were in a recession. Fewer than a third said we were growing. The economy, by the way, is growing. It’s been growing for two years now. But for most people, it’s not getting better.

“The combined profits of the Fortune 500 increased by 81% — $318 billion — this year, the third largest percentage gain in the list’s history.” Compare that to the unemployment rate, which fell by just 8 percent over the past 12 months.
http://www.washingtonpost.com/blogs/ezra-klein/post/good-job-growth-in-a-bad-economy/2011/05/03/AFkJlf7F_blog.html

Guest
Guest


Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum