Lou, say it ain't so!
CNN’s Lou Dobbs is peddling his book, the "War on the Middle Class," and it is the most phony war since John Gibson at Fox said there was a war on Christmas. Don Surber has more on the pampered middle class.
The middle class in America are the most pampered people on Earth, and perhaps the most pampered people ever. They enjoy free education, cheap food, great cars, computers and clothing, and access to every aspect of our culture. From music to great art to plays, there is no class barrier to them. Obesity, not malnutrition, is the national ailment.
Dobbs is a millionaire, making him as clueless about the middle class as Congress. And that ignorance is dangerous, because Dobbs and Congress assume the middle class is having a harsh time of it. Few things are further from the truth.
This just in: The Dow Jones industrials pass 12,000.
OCT. 18 9:38 A.M. ET The Dow Jones industrial average swept past 12,000 for the first time Wednesday, extending its march into record territory as investors grow increasingly optimistic about corporate earnings and the economy.
And this: U.S. of A. employed at 95% - wages rise.
WASHINGTON (AP) - American employers added 51,000 workers in September, the fewest in almost a year, but the unemployment rate declined to 4.6 per cent - offering a mixed picture of the job climate.
The figures released by the Labour Department on Friday were seen as fresh evidence that the economy has moved into a slower phase of growth. huh?
Average hourly earnings rose to $16.84 in September, a 0.2 per cent increase from August.
The Federal Reserve's next interest rate policy meeting is scheduled for Oct. 24-25, and many economists expect the Fed to leave rates unchanged for the third meeting in a row.
Want more middle class horror stories? Gas prices fall to lowest level in '06. Oil is down below $60 / barrel and its all Geo. Bush's FAULT!
What's the price of gas in your town?
Are you sure this means 'war', Lou?
