Predictably Wall Street rejoiced, sending the markets up with the news. Gas and food cost increases are bad enough but the decline on weekly earnings for 80% of the working population is embarrassing considering the recent news of corporate executives making close to 400 times the average worker.
Speaking as a capitalist and a believer in the traditional American dream, I find these trends troubling and counter to what the country used to offer. There is nothing wrong with making plenty of money, but we used to be a country that offered opportunity, balance and fairness but those ideas seem so distant and old fashioned today.
Daily Kos Weekly Tracking Poll: Voters Grumpy Across The Board
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Research 2000 for Daily Kos. 7/06-7/09/2009. All adults. MoE 2%
(6/29-7/02/2009 results in parentheses):
FAVORABLEUNFAVORABLENET CHANGEPRESIDENT OBAMA61 (...
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