Headlines say it
Posted by bcooney on October 6, 2006
NEWS ALERT
from The Wall Street Journal
Oct. 6, 2006
U.S. nonfarm payrolls expanded by 51,000 in September, weaker than expected, though prior months were revised higher. The unemployment rate slipped to 4.6% from 4.7% in August. Average hourly earnings increased 4.0% from a year earlier.
The Labor Department report suggests payrolls growth continues to slow as the
economy cools from its rapid pace earlier in the year.
For more information, see:
http://online.wsj.com/article/SB116013687106084804.html?mod=djemalert
Wages and jobs up. Wahoo. This economy is a strong economy. Why are people struggling to believe that. There is an attitude and a group in this country that will be pessimistic no matter what. Reality, believe it or not, is that a great economy will have its problems, problems are inevitable in any economy.
I think, and don’t be shocked by this, rich people are allowed to be rich. People at the top are succeeding, is that really as terrible as it seems? The people that employ us, the people with great ideas, the people with the courage to start ventures and risk their money; they are allowed to succeed. While not everyone is “legit” rich (old money…) ironically these are the celebrities and often untalented or political. How can people that champion the name Kennedy say what they do about money and influence. If we want to have a discussion about rich and poor, we should stop hearing bad the rich our from the rich and how needy the poor are from the rich.
