TV News LIES

Friday, Aug 26th

Last update05:20:13 AM GMT

You are here News Editorials Bruce Enberg: Ronald Reagan, the bust

Bruce Enberg: Ronald Reagan, the bust

E-mail Print PDF

Ronals ReaganNew unemployment claims fell last week to 326,000, a 5 1/2 year low. July's survey of employers showed 162,000 new jobs created, this is about three times the rate of population growth. The odd thing was that 92,000 of these jobs went people 55 and over, with only 15,000 going to prime age workers 25-54. This could be taken as a good sign since workers over 55 have been systematically passed over for jobs since the Bush Crash.

Recent college grads got the other 55,000 new jobs. Not that a college education is necessarily worth much in a post-industrial, post-middle class country like the US. Forty percent of the people who make less than $10/hour have some college education. Plenty of young lawyers and engineers work at Best Buy.

There has been a lot of back and forth about McDonald's terrible wages with strikes ongoing in several cities, not that it makes the Evening News. The right wing talking point is that the minimum wage is only paid for 'starter jobs' and if you don't get ahead it's your fault. Okay, go to college so you can work at Best Buy for the same wages that McDonald's pays.

Another Right Wing talking point is that if any of these big corporate employers had to pay a decent wage then everything would cost 'TEN TIMES AS MUCH'. This is the same Right Wing math that makes them think that they can beat the 190 million to one odds when they buy a lottery ticket.

More...


Most Recent Related Stories...


Alex Baer: Wherefore Thy Sting, Sweet November?

Alex Baer: for ex trump reportersThose firm rubber mallets come closest, so far -- the ones over there, with the wooden...

Alex Baer: Home of the Knave, Brand of the Tweet

trump moneyIt's taken us all longer that it should have to arrive at the obvious:  Trump was...

Alex Baer: Pray for Change - R'amen!

RamenThis space is usually filled, I know, with a torrent of disgust and effluvia based on...

Alex Baer: Scratching While Shooting the Magic 8-Ball

Magid trump eight ballIn pool, having the cue ball leave the table -- jumping a bumper or plunging down...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!