Monday, November 20, 2006

Pre-Holiday Economic Smoke And Mirrors

In case anyone out there hasn’t noticed by now, there are very few jobs that cannot be outsourced or offshored, and that is why this story about supposed wage growth is nonsense (though perhaps not for the VERY FEW jobs unaffected by these sickening trends; I’m not opposed to offshore individuals doing the same work as I do in principle, but I am when there is nothing else comparable for me to fall back on in the event that it causes me to be put out of work).

And a 4 percent raise qualifies as “brisk,” if you’re lucky enough to get that? Please.

And by the way, you don’t get any attribution for this information until past the halfway point in the story, and at that point, you’re led to believe that this comes from Bushco’s Labor Department, which doesn’t even bother to keep track of jobs lost to offshoring, let alone keep track of wages in this country versus wages offshore for comparable work and professions.

Stories like this are published this time of year to get people to go out and spend, spend, spend for the holidays so Bushco can show some good year-end numbers. And all of this is contingent on energy costs, which typically fall at year end anyway.

And only a corporate media publication would consider it to be good economic news that fewer people are being laid off – it is, I realize, but it doesn’t signal anything else about this economy except continued sluggishness and slow-to-no growth.

This is the only economic news Bushco and its house organs care about – just publish it and spare us the rest of the brainless pabulum, OK?

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