I don’t really have a quota I have to meet for posts about what has been happening to the economy in this country for the “non-haves-and-have-mores” – it just seems that way.
Well, here we go again. The Wall Street Journal produced this story with Treasury Secretary John Snow basically patting us all on the head and saying, “oh, don’t you worry, you little American worker. You’ll have more jobs and wage increases that actually will outpace health care costs and adjustment for inflation one of these days, heh, heh.”
Since this administration can’t be counted on to tell us the truth on this matter and just about everything else, here is some more unpleasant reality on this subject from Paul Craig Roberts (and John Edwards also caught Snow in a moment of candor on this last week, but Heaven forefend that the august WSJ would actually be impudent enough to call him on it).
Also, if you want to read an example of another “titan of industry” from abroad and his frugality (in stark contrast to the Fortune 500 crowd in this country), check this out (courtesy of The Huffington Post).