@WSJ -The rich invest, they don't buy the bulk of the economy 's production. With wages stagnant, too little demand, the economy languishes.
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@RegginWej@WSJ@WhiteHouse@POTUS don't let him fool you. The economy is just as bad as in '08. Inflation is what's stealing wages. - 1 more reply
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@WSJ Obamacare causes <30 hr work weeks so part time wages which will never have the same affect as 40 hr full time wagesThanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ@EricMorath New jobs are lower quality. Low pay and no benefits. -
@NothappyMatt@WSJ@EricMorath bartenders and waiters -
@VValt_Disney@WSJ@EricMorath Not to disparage those professions, but not typically long-term employment. -
@NothappyMatt@WSJ@EricMorath yep but they are now. There's no recovery, still >20% unemployed.
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@WSJ maybe those totally awesome numbers were totally misleadingThanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ@EricMorath "solid job gains"? You mean part time jobs that people have to get to make up for inflation and an awful economy?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ@EricMorath trying to compete internationally against markets that pay a couple$s a day in wages will do that.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Corporate profits at record levels . Overseas bank deposits at record levels. -
@rick2forestview@WSJ stock prices are at record levels because that's what happens when you monetize debt à la China
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@WSJ because what company will increase pay unless they have to. The bottom line is their only concern. -
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@VValt_Disney@WSJ no of course not. But shouldn't companies be forced to compete for workers as well. A - 1 more reply
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@WSJ waiters and bartenders are not job gains.Thanks. Twitter will use this to make your timeline better. UndoUndo
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