The
"Booming Economy"
Scam


A recent study of jobs in the Northwestern United States indicates that even though there are more jobs these jobs do not provide a living wage.

Any realistic study reveals that unemployment in the U.S. remains at 25-40 % of the workforce. Federal unemployment statistics are a deceitful dodge, excluding categories of workers which should be included:


  • Discouraged workers - people who are willing to work at the going wage, but have given up looking actively for work, because they don't expect to find a job.

  • Long-term unemployed - persons who have used up their unemployment benefits

  • Part-time unemployed - people who want a full-time job but can't find one and because they work part-time are not eligible for unemployment compensation

The graph on the left shows "official unemployment" in the period after World War II into the 1990's, based on data from the Economic Report of the President. Over this longer period we see a quite different pattern, with unemployment never below three percent (this may reflect differences in measurement) but never above 10% either. We see unemployment rising in the recessions of 1948, 1958 and 1961, 1969, 1973, 1981, and 1990. The apparent upward trend from the mid-1940's to the mid-1980's may have been reversed in the 1990's.

In many households, either the husband or wife is required to work two jobs just to make ends meet, because the jobs they can find pay so little.

Meanwhile, taxes continue to climb for the low- and middle-income working American: from around $500 per person in 1967 to close to $6,000 per person in 1994 - and still rising.

Taxes have risen 1200 percent ! This is the real INFLATION - inflation in the taxes demanded of working Americans while higher income persons often pay no taxes at all.

The average minimum wage worker earns $10,700 per year - $2,900 below the poverty level for a family of three. This average minimum wage laborer is responsible for providing 54% of her family's earnings, a study by the Economic Policy Institute found. The last raise in the minimum wage - from $4.25 to $5.15 an hour - affected almost 10 million workers, of whom 71% were adults and 58% were women.