Sunday, January 13, 2008

Recession? We're Already Living in One!

Barbara Ehrenreich, Experts Warn of Recession--Duh, We're Living in One Already, shows that traditional economic measurements like economic growth and unemployment have become decoupled from the real lives of working class people. Wages have been declining despite increases in economic productivity and even low unemployment rates do not reflect the extent of workers without full time jobs. And the only candidate who would do something about it, John Edwards is on the ropes, ignored by the media and Democratic voters!

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