Krugman: Clinton Years Good for Middle-Income Americans

From Paul Krugman's NY Times Blog -- A picture is worth a thousand words:


One thing that doesn't seem to have gotten much scrutiny in the "bitter" controversy is the suggestion that the past 25 years have been an era of continuous economic hardship for the American heartland. If we're talking about the decline of industrial cities, there's some truth to that picture. But if we're talking about incomes and employment, the Clinton years were pretty good for middle-income Americans -- and especially good for middle-income Midwesterners.

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Obama: Will America Vote For A Man Who Has Never Held A Full-Time Job?

I was reading this blog a few minutes ago when I stumbled across a piece of information that just floored me. It appears that, apart from his "political experience" (which is debatable as to its full-time-status) Barack Obama has never held a full time job!!

He has had many GREAT part time jobs, some were paid VERY well, and he's worked as a political organizer full time, he says, but he's never had a private sector 40 hour a week job like the ones that most Americans have, or used to have.

I can't help but wonder if the lack of this crucial experience might hurt him in the general election.

I mean, so many of us are dependent on that kind of job. Our whole economic system is based on that kind of job.

I think that having worked full time, with the possibility of being fired or laid off if you don't deliver or if your employer does not do well, is one of those experiences that makes us an adult. Most of us, myself included, have spent most of our lives working jobs like that.

It really disturbs me that he may be in charge of the economy, actually, without having had the experience. I don't think jobs as political organizers count.

Politics is NOT the real world.

I think that many Americans feel the same way.

Voting for someone who has never had a full time job - to be President is really scary.

The GOP is going to tear him apart on this one.

I had a lot of reservations about George W. Bush in the Presidency and one of the many things that disturbed me was GWB's obvious and arrogant sense of entitlement, which seemed especially ugly given that he had never really struggled like most of us do.

Now, are we really going to make the same mistake twice?

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Economy worse than the Whitehouse admits

Economic indicators point to an American economy worse than the Whitehouse is admitting.

"This quarter will be our weakest quarter," [Edward Lazear, chairman of the White House Council of Economic Advisers] said. "There are indicators suggesting that growth will pick up and pick up quickly. So the question is how quickly will it pick up."

He highlighted what he said was the good news in Friday's jobs report: that the unemployment rate dipped, wages grew and weekly hours stayed the same. However, the jobless rate fell to 4.8 percent in February from 4.9 percent because so many people left the labor force, perhaps discouraged by the difficulty of finding work. And average hourly earnings for jobholders rose only an anemic 0.3 percent from the previous month.

"Obviously we were disappointed," Lazear said about the job losses.

Bush focused even more on optimism than his adviser. "Our economy will prosper," the president said.

But we're seeing more than "disappointing" job numbers.

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Congress & Corporations Don't Want to Invest in Super Smart Americans

Baby Genius
Yesterday, a very popular amendment that would have funded programs for super smart kids and created college scholarships for Americans was gutted by the Conferees, yes that's our House representatives and Senators, to the H.R. 3043: Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2008. The amendment would increase fees on H-1B employers by $3,500.  About $3,000 of this fee increase would be targeted to $15,000 scholarships in math, science, engineering, and healthcare.  About $500 of the fee increase would be dedicated to the Jacob Javits Gifted and Talented Program.

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Just Say NO - Comprehensive Immigration Bill

Cross posted on Dailykos


Like swarms of locusts, Corporate lobbyists have surrounded the hill and taken legislative staffers hostage.  As I type, various amendments are being renegotiated, gutted, moved around, renamed, folded in...  All, all of this hush, hush last minute activity is per the demands of the Corporate Cheap Labor Lobby.

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