"Higher jobless rates could be new normal" by Tom Raum, Associated Press Writer | October 19, 2009
WASHINGTON --Even with an economic revival, many U.S. jobs lost during the recession may be gone forever and a weak employment market could linger for years.
That could add up to a "new normal" of higher joblessness and lower standards of living for many Americans, some economists are suggesting....
Yeah, for EVERYONE except ONE CLASS!
Related: The Last Job You Will Ever Have
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Outsourcing U.S. Jobs to India is Funny
Pakistan Calling In American Debts
Slow Saturday Special: Evergreen Turns Brown
Yes, WHERE ARE ALL THOSE "good jobs" the GLOBALISTS PROMISED, America?
Stay in school? For what? To build up debt you can pay off serving in the Army, American kids?
Higher-income households are spending less.....
FLASHBACK:
"Luxury spending springs up 29% in third quarter" by Bloomberg News | October 18, 2009
WASHINGTON - Spending in the United States on luxury goods and services spurted 29 percent in the third quarter from the previous three months, as consumers with the highest incomes unleashed pent-up demand, according to Unity Marketing.
Is that what banksters did with the tax loot? Partied?
Spending among 1,067 consumers with average annual income of $228,800 rose....
The increase was driven by consumers with the highest income levels, starting at $250,000 a year, said Pam Danziger, Unity’s Marketing’s president. Spending was strongest in the home, travel, and dining segments, she said. The wealthy curbed purchasing earlier this year because of Wall Street job cuts, lower home values, and volatile financial markets.
“No question that this quarter’s spending increase is good news for luxury marketers,’’ Danziger said. “Many affluent consumers returned after sitting on the sidelines for a year. However, the richest are few in number, 2.5 million households, so competition will be fierce to win their attention.’’
And YOU KNOW WHAT YOU GET, 'murkn -- now open up (sob)!
WHO CARES about YOUR ATTENTION, huh?
Certainly not your DEAF LEADERS who DEFY YOUR WISHES at NEARLY EVERY TURN!
US luxury sales rose 3.4 percent to $891 million in September....
And those are LUXURIES, not NECESSITIES, suffering American!!!
ARE YOU SICK of the MSM LIES YET, readers?
I SURE AS HELL AM!!!!!!!
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