Quote:
Originally Posted by Vendzilla
I was watching Jon Stewart a couple weeks ago about this subject, he was the one that kept bringing up that the new jobs generated were lower paying jobs, where other fields were losing jobs that paid higher wages.
This country has not been expanding on better paying jobs like it should. But hey, walmart is doing fine......
|
The crazy thing is that many of the companies that went out of business during the recession are making a comeback either by re-opening or new companies taking their places. However, since they are starting over they are doing it offshore. So these companies are making nice profits, the stock market is going strong. Wall street is awash in money, but the middle class is still struggling.
I don't drop all of this on Obama. I think this is the result of 20+ years of different polices from different administrations finally coming to a head.