A few days ago, Alfredo Ortiz published an excellent article on the fact that, contrary to Democrats' claims, the economy is in fact working for everyone, not just the rich. The article was published on Townhall.com and was picked up by RealClearPolitics.com. Here's an excerpt:
Here's the link for the article:
Contrary to Democrat Talking Point, The Economy is Working for Everyone
This diversion tactic fails on its merits. Start with unemployment rates, which are at or near record lows for Hispanic, black, female, and young workers. The unemployment rate for Americans without a high-school education, supposedly a group that's been shafted in today's economy, is hovering near a record low. The rate for those with disabilities has fallen by more than 20 percent over the last year to a mere 6.3 percent -- the lowest level on record.
Then look at wages. While average wages have been growing at about 3.2 percent for several months now, they've been increasing even faster for middle-class production and non-supervisory workers. Last year, wage growth was 6.5 percent for the 10th percentile of workers with the lowest incomes -- about double the overall average. Contrast this wage growth to the paltry 2 percent average under President Obama.
Then look at wages. While average wages have been growing at about 3.2 percent for several months now, they've been increasing even faster for middle-class production and non-supervisory workers. Last year, wage growth was 6.5 percent for the 10th percentile of workers with the lowest incomes -- about double the overall average. Contrast this wage growth to the paltry 2 percent average under President Obama.
Here's the link for the article:
Contrary to Democrat Talking Point, The Economy is Working for Everyone