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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: MSI who wrote (9903)	12/3/2001 4:24:55 PM
From: Alex MG	Read Replies (1) \| Respond to of 99280

MSI... technological advances will continue, no doubt, as has been the case now for decades. But has prosperity advanced as much?, has it advanced at all in the last 3 decades? Has it actually declined despite the communications revolution?... Check out the trend of the US median family income. There's no way it has kept up with inflation over this period, and that's even with many more women entering the workforce to help support the household. 1969 39,887 1970 39,802 1971 39,756 1972 41,710 1973 42,536 1974 41,416 1975 40,669 1976 41,953 1977 42,201 1978 43,538 1979 44,097 1980 42,557 1981 41,397 1982 40,836 1983 41,115 1984 42,384 1985 42,943 1986 44,778 1987 45,419 1988 45,334 1989 45,967 1990 45,064 1991 43,961 1992 43,429 1993 42,612 1994 43,597 1995 44,395 1996 44,915 1997 46,262 1998 47,769 1999 48,950 Look at 1987-1999, a mere $3500 increase in income during the biggest move of the bull market. Meanwhile a select few pocketed billions off the easy money politics- the "moneychangers". The increasing disparity of wealth is not healthy. So in actuality in the last three decades income has not kept up with the cost of living despite all the new gadgets we have now. So what's going to change this trend going forward?, A cloned workforce to improve productivity? <g> Meanwhile my dsl has been down since last Thurs and after 7 calls to Bellsouth they are sending someone tomorrow. And now since yesterday I can't access my email with Bellsouth, I called this morning and I guess they are still "working on it"... Maybe they do need clones!