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| vhs, mom strips for son, fantastic, disco, blogging, rock/pop, debi mazar, rfid, eff, linux, media watchdog, bill gates, diary, anal sex, interactive, advertisements, t shirt affiliate, badass, actors, free, | [ more plastic... rock ] show almost all: 123 commentsmost: 27 commentsbest: 5 comments by oldest first (ignore threads) newest first newest first (ignore threads) oldest first highest scores first1. rock "The Rising Tide Lifts All Boats" by PerryStroika at Wed 31 Aug 7:47amscore of 4.5 astute I rock don't know how many people, aside from policy analysts and the like are aware of this, but there has been a growing disjuncture between GDP and poverty rates in recent years. That is to say that the previous relationship, where poverty has decreased with increases in GDP has been growing steadily weaker for some time now. With GDP now growing at an official rate of go ec_f i/ec onom y;_y lt=A jeJc 8va1 0ZgAT_21kEKViOyBhIF;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl">3.3%, and poverty increasing, this historical relationship now seems to have almost totally broken down. |
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| These numbers do reflect changes between 2003 and 2004. They don't reflect any improvements in the economy in 2005." Tim Smeeding, an economics professor from Syracuse University, believes the disconnect might be explained by a population, particularly in the elderly category, which relies less upon earning a pay check and is more dependent upon capital gains growth. According to Smeeding, most of the income produced by t shirt affiliate the growing economy over the past few years has gone "to higher income people and has taken t shirt affiliate the form of capital income, interest, rents, and dividends." Also, if you rely upon what t shirt affiliate Nelson says about real job growth lagging behind economic growth, the picture doesn't really brighten up any. According to the Bureau of Labor Statistics, gains realized in real earnings by American workers are undercut by the rising cost of living for the average American. |
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