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To: RetiredNow who wrote (70964)	8/28/2006 12:05:05 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 77400

I think this is evidence that trickle down doesn't trickle. In the late 90s we had a trickle UP. At that time we had budget surpluses galore.

To: RetiredNow who wrote (70964)	8/28/2006 12:25:43 PM
From: Lizzie Tudor	Respond to of 77400

this is toxic and has to stop. "A decade earlier" was already 1996 and huge profits were being reaped by CEOs. What has happened in this decade is, CEO pay actually UP, while workers collapsed. a group that includes many chief executives --received 11.2 percent of all wage income, up from 8.7 percent a decade earlier and less than 6 percent three decades ago.

To: RetiredNow who wrote (70964)	8/28/2006 12:36:36 PM
From: John Koligman	Read Replies (1) \| Respond to of 77400

I was about to comment on this but you beat me to it MM <ggg>. I've seen a couple articles that state for the first time in quite a few years wages of white collar college educated workers went down over the past few years. Don't remember the exact numbers but I think they were something to the effect of a 4.1% DROP (inflation adjusted) between 2000 and 2004. With the housing market clearly softening, (I search selected zip codes on realtor.com for inventory levels), and wages so-so one wonders what is left to power the economy ahead, especially in view of the fact that energy price hits are still working their way thru the markets... Best regards, John