What About Worker Inflation?

Most reports one see or reads in the media has a better than average outlook for the economy, but those outlooks are geared toward investors, not humans.

Let us look at realities for the average working stiff in the US.

Food costs are up
Gas prices are up
housing is sagging
unemployment is up
retail sales flat
plant closings
jobs lost

These are all things that effect the workers of this country and yet we are told constantly that all is well and the economy is looking good. Who decides that for the average worker? Ask anyone, other than some hot shot investor and you will get the answer that all is not well. And the prospects of improvement are not looking good. The average working family is basically living on credit and eventually that is gonna bite everybody in the butt.

I know reality bites!

Professor’s Congressional Scorecard

It is the end of the year and I along with my sister blog, The Oracle Of Inkwell, have scored our Congress. The total results can be viewed by clicking on the link on this blog.

Here is the breakdown from month to month:

1–Aug–a step backwards

2–Sept–a step backwards

3–Oct–a step backwards

4–Nov–no step–basicall a stand still

5–Dec–2 steps backwards

The total for the year is 5 steps backwards. Hopefully, ’08 will be a better year, but do not hold your breath.