New fouth-quarter economic numbers were released today, and the figures show that the American economy under the Bush administration only favors the already well-to-do.
New fouth-quarter economic numbers were released today, and the figures show that the American economy under the Bush administration only favors the already well-to-do. According to the Labor Department, wages grew a scant 0.7 percent.
At the same time, the profits of the S&P 500 companies, an indexed listing of the largest companies in America, are expected to jump 30 percent during the same quarter.
While American workers have seen their wages go up less than 1 percent, America's biggest companies are reaping billions. All the while, the Bush Administration decided to eliminate overtime for 8 million workers and still opposes an increase in the minimum wage. [Kicking Ass]
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