Americans are feeling the effects of a shrinking paycheck. We are not just making a decision to stay home on the last weekend of the season or choosing to cut back on school supplies. We Americans are experiencing the feeling of being "cautious"
The growth in our wages has all but stopped in the past 6 months.
Figure this one out: Wages have grown in the private sector by 1.3 percent but inflation is running 2 percent. Factor that in with the lost contributions to your 401 K (maybe it is a 201 K or a 101 K at this time) and the new ways that employers are finding to cut back.
Does the word "furlough" mean anything to you. That is when your employer closes the business and you get unpaid unplanned leave. This decreases the average workers income another 2 percent per year.
WE ARE LOOSING GROUND FASTER THAN WE CAN TURN AROUND!
Not to mention the employees that are working overtime and not getting compensated and the employees that are working off the clock. The government is failing to enforce the laws so we are living in a lawless land where employment is concerned.
We need to worry about the ways that these companies are restructuring and saving money because it is directly affecting the American people.
Quit sending our jobs over seas. Pay us for the work we do. With the current situation the middle class will cease to exist.
Read more at
http://www.goarticles.com/cgi-bin/showa.cgi?C=1949532
get more information about how you can make the economy work for you.
http://shellithompson.blogspot.com/2009/05/age-of-internet-marketing.html
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