Before September, the U.S. added an average 195,500 jobs a month this year.
-did you know that the economy must add, at a minimum 150,00 jobs just to keep up with population growth?!
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From MSN Money:
The Basics Earn under $57,343? Watch out Rising inflation and interest rates put the bottom 75% of Americans behind the financial eight ball.
By Scott Burns
If the federal income tax was simply eliminated for every household in the bottom half, it would only liberate about 3.46% of their income -- less than inflation for one year.
Bottom line: Unless there are some real wage gains for working stiffs -- soon -- we're heading for a recession.
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