Tuesday, May 25, 2010

Loverly...

Private pay shrinks to historic lows
Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds.

At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high during the first three months of 2010.
I'm sure this is simply a coincidence, right? Surely it has nothing to do with the massive vote-buying effort put forth by our intellectual superiors on the Potomac, right? Surely there's not a coordinated effort to get more and more people addicted to the steady flow of federal funds so that they become dependent on the government? Sometimes you just have to shake your head - there's just no way this is anything even remotely resembling viable for even intermediate-term, never mind long term.

We're creating the machinery that will be used to grind us down - and we apparently like it.

That is all.

Link sent by PISSED - thanks for the extra spike in BP today... ;)

3 comments:

Brad_in_IL said...

Jay,

I give you some very bad, poor grammar latin . . .

Illegitimi non carborundum est.

- Brad

Old NFO said...

Gotta agree with Brad- AND Gates wants to reduce the military's pay raises, now says the military makes too much compared to the private sector... funny, I don't see anyone from the private sector on the front lines...

Mikael said...

Can't really blame this one on the gubmint this time(financial crisis tends to put people out of work), blame the banks and wallstreet.