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Sunday, January 11, 2004


wealth


Asked By Tim Russert • About The "Booming" USA Economic Statistics • On NBC News Meet The Press • Demo Candidate For Presidential Nomination • Sen. John Kerry Sez

"...but every statistic that you just read off, Tim, works wonderfully if you’re looking at a Republican recovery. You know, corporate profits are up 46 percent, but they’re up by consolidation. They’re up by increases in productivity. They’re not up because Americans are going back to work, and they’re not up because Americans are earning more money. Just this last month—yesterday, the president talked about how his tax cuts have been good for the recovery. Well, the fact is they projected 250,000 jobs but they only created a thousand. They’re 249,000 jobs short. And every month, there are about 250,000 people who drop out of even looking for work. I met a guy named Bob Anderson in Waterloo the other day. He’s 49 years old. He’s been out of work for two years. He sends out his resumes. When he goes to have an interview, there are 200 other people there looking for the same job. His wife has been diagnosed with MS. He has no health care. He doesn’t know where to turn. There are people like that all over this country who are desperate. The wages of workers, Tim, went up three pennies, meanwhile—three pennies an hour, and the overall wages of workers have gone down $1,500. Meanwhile, Medicare lobbyists have turned a Medicare bill into a windfall profit for the Medicare companies, $139 billion. The energy companies got $50 billion of oil and gas subsidies. Everybody in America understands the economy is tilted against them. The economy—Americans are working for the economy, Tim, but the economy is not working for all Americans. And I believe there’s an enormous issue there about the fundamental fairness of the workplace in America"

Intuitive*Analysis™ The Repub Extreme Regime • Is Hell Bent • To Reward WEATLH Not WORK •• And They Are DOING IT

4:07:36 PM


 

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