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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (22115)8/5/2002 1:52:39 PM
From: Raymond Duray  Read Replies (1) of 74559
 
Maurice,

Re: But they are far from real life where people earn US$10 an hour if they are doing well.

I don't know when your last visit to the U.S. occurred, but let me assure you, anyone earning only USD 10 is not "doing well" here. They are merely slowly falling behind on the economic treadmill.

A living wage here is more like $15/hr. with full time work. Which leaves a huge segment of the population constantly falling behind.

-Ray
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