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Thank NCLB. Math has been dumbed down to the point if you don't get the right answer but can "envision the method" you get credit.
1+1=3 gets the same credit as 1+1=2 because "little Johnnie" knew he had to add the two numbers.
As I told a Math teacher once.."Do you want someone operating on you who "almost" knows how much to cut or "almost" knows how much drugs to give you ?"
I don't know when the system broke down but it did. Football gets precedence over new math books.
This is a large part of the problem. Real wages for those with advanced or professional degrees expanded from 1995 to 2005 at a fairly large pace. Real wages for those with no education fell.
No, it's entirely true. In upscale ranges, employers ask for visas and press for more to be created because they cannot recruit the skills they need from domestically available labor pools. In downscale ranges, even at union plants where wages are set by contract, there will be enough native-born applicants to fill only a fraction of the demand.
One example isn't enough, and that example reports a drop from 90% to 40% Hispanic among all of 75 applicants hired at one plant in the immediate aftermath of a highly publicized ICE raid.
(State Sen. Ray) Aguilar said he wouldn't be surprised if efforts by Swift attract nonimmigrant workers to meatpacking jobs in the short term, but fail to keep them in the plants.
No, it is based on the facts of the matter. Some don't bother to learn the facts, and some just prefer myth and legend to begin with.
"Do you believe me, or do you believe your own eyes?"
What wrecked the economy are these stupid bubbles we keep inventing. First oil, then dot.com and then housing. People just seem to lose their sense when this stuff gets going and the government often feeds the frenzy with such crap as "no interest" mortgages and smoke and mirror loans. Each bubble crashes with each one worse than the one before it. Just because a house "appreciated" 20% in a year does not mean the house is "worth" that much. It isn't. When the BUYERS of homes are getting salary increases of maybe 3% a year, the values of houses cannot keep going up at 20% a year and still have buyers- even if the government lowers interest rates to ZERO- where they are now- evetually it is not sustainable and will crash. And crash it did!
It might be politically easy to blame the Mexicans for all our ills but it is not accurate.
Well, thanks to the wacko far left liberals in the party that I support, they rammed thru the Cap and Trade Bill which will create the next great bubble...carbon credit derivatives. If we think the housing bubble was bad, just wait to see what happens with this new bubble years from now. I'm so angry with my party for ramming this horrible bill thru. Some in my party, the leftist bankers party, are hell bent on robbing every human.
But what was the "real" inflation during that period.
If I got 3% raise while inflation was raging at 8% or higher then my salary was not keeping up.
I definitely saw that I got less for the same money over the years.
Your weekly grocery shopping bill should be evidence to that.
Here is one relevant chart.
http://www.epi.org/page/-/old/Issuebriefs/219/figured.gif (broken link)
Quote:
workers at the 20th percentile of the income scale suffered a 0.8% decline in real pay. Only the highest wage employees enjoyed pay gains that outpaced inflation—those in the 95th percentile of wages had gains last year of 0.8% (Figure D).
But what was the "real" inflation during that period.
If I got 3% raise while inflation was raging at 8% or higher then my salary was not keeping up.
I definitely saw that I got less for the same money over the years.
Your weekly grocery shopping bill should be evidence to that.
First, the "real wage" adjusts for inflation.
Second, inflation was not even close to 8% at any point during that period.
Peak one month inflation during the last ten years occurred during the summer of 2008, when it was 5.6%. This was related to $4 gas. It ended the year at 3.85%. The average has been less than 3%.
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