More 'Stagnant Wages' Myth-Busting, Courtesy of the Bureau of Labor St
From the Bureau of Labor Statistics' Real Earnings News Release yesterday:
Average weekly earnings rose by 4.4 percent, seasonally adjusted, from March 2006 to March 2007. After deflation by the CPI-W, average weekly earnings increased by 1.6 percent.
And here's one for Paul "the rich are getting it all" Krugman of the New York Times -- Note who is being surveyed when these numbers are…
CNN's Blitzer, Cafferty Regret Minimum Wage Hike Not Retroactive
On Monday's The Situation Room, CNN's Wolf Blitzer and Jack Cafferty expressed frustration that the Democratic Congress has not yet passed a minimum wage increase, even lamenting that the increase could not be made retroactive. After Blitzer seemed to seriously ask if the minimum wage increase could be made retroactive to November, Cafferty rhetorically exclaimed that it should be "retroactive to…
Couric Implies Rampant Sex Discrimination In US, Touts Misleading Femi
On Monday’s "Evening News" on CBS, anchor Katie Couric asserted a common talking point among feminists and that is that women make 76 cents for every dollar a man does, which is a misleading statistic. In a series entitled "The American Spirit," Couric profiled Janet Hanson, the founder of a women’s networking group called 85 Broads, which is dedicated to helping women get ahead, as Hanson doesn'…
Meat and Sugar Scarce in Venezuelan Markets as Prices Explode, Will Me
While the media fawn over despots like Syria’s Bashar al-Assad and Venezuela’s Hugo Chavez, they rarely report on the horrors of life for most under such rule. With that in mind, it seems safe to assume that a current meat and sugar shortage in Venezuela that appears to be caused by government price controls is likely to go mostly unnoticed.As reported by the Associated Press (emphasis mine…
