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Despite Administration’s Promises, Still No Raises for American Workers
Looks like the “stimulus” wasn’t “a well designed recovery plan” after all
“A well designed recovery plan will not only create numerous jobs, but also many jobs paying good wages and providing full-time employment.”
- Obama Administration’s “Romer Bernstein Report” on their trillion-dollar economic stimulus plan (officially titled “The Job Impact of the American Recovery and Reinvestment Plan”), January 2009.
"Real average hourly earnings fell 0.2 percent in May, seasonally adjusted. Average hourly earnings was unchanged and the CPI-U rose 0.1 percent. Real average weekly earnings fell 0.1 percent over the month."
- Bureau of Labor Statistics, "Real average hourly earnings falls 0.2% in May."
Median usual weekly earnings, Wage and salary workers, Employed full time*
Source: U.S. Department of Labor, Bureau of Labor Statistics.
*[Constant (1982-84) dollars, Not Seasonally Adjusted, All Industries, All Occupations, Both Sexes, All Races, 16 years and over]