OR KILL ME!! - Principia Discordia
OR KILL ME!! - Principia Discordia
OR KILL ME!! - Principia Discordia
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186<br />
say AVERAGE, not <strong>ME</strong>DIAN. What this means is that a few rich people<br />
got far, far richer. The average wage is skewed by the Dick Cheneys and the<br />
Bill Gateses. The median wage is the actual "average wage" earned by the<br />
"average" American...something to the order of $22,500/yr...down 15%<br />
from 1999. If the only place you can find another job is WalMart, your<br />
wage isn't going up, it's going down. When they say the GDP is up, they<br />
mean Rupert Murdoch can buy another 3d world nation, not that YOU are<br />
doing better.<br />
2. Unemployment is down: This is the Good Reverend's favorite. To<br />
understand how this works, you have to understand how the Bureau of<br />
Labor Statistics counts the unemployed. If you have a part time job, you're<br />
employed. If you are the head of a family of 4, and work at Walmart for<br />
$5.40/hr, you are employed. If you ARE unemployed, but your benefits<br />
have run out, YOU DON'T COUNT. Period. Don't take the Good<br />
Reverend's word on it, go to the source itself:<br />
http://bls.gov<br />
What this means is that the unemployment rate is usually ~<br />
2%-5% higher than advertised. Under Clinton's "4.6%"<br />
unemployment, actual unemployment was about 6.9%. Under<br />
Bush, it isn't 5.7%, it's actually 10.9%, according to CNN's<br />
Moneyline.<br />
3. Bush's tax cuts have stimulated the economy, creating more jobs:<br />
Yeeeeeah. In Bangladesh, at $0.25/day. Fact is, cutting taxes while<br />
eliminating capital gains taxes causes one thing...it causes rich people to<br />
invest their money in other countries where sweatshops turn enormous<br />
profits on the backs of those who are little more than slaves. Why the hell<br />
would they invest here? Here, we have OSHA, the EPA, labor laws,<br />
etc...with no capital gains taxes, the beauty is, the government gets NO<br />
REVENUE AT ALL. Further prrof, of course, that people are stupid. Bush<br />
came along, peddling the same supply side, trickle down bullshit that<br />
Reagan sold us, and people went for it AGAIN.<br />
Even David Stockman calls it gibberish, and he was there when<br />
they first thought it up, lo these 25 years ago. Even a teenage<br />
crack dealer can tell you that there is no way to cut revenues<br />
and triple expenditures without running into the same nastiness<br />
that caused Argentina to collapse four years ago...or that got<br />
or kill me