Can the US economy recover without the buying power of the American worker?
going out of business
The Bureau of Labor Statistics is reporting that the weekly regular pay for production and non supervisory workers has been in decline for an unprecedented ten consecutive months. Yet despite those numbers, retail sales fell less than projected last month. Will Americans be able to spend their way out of the recession or will continued job losses and pay cuts stymie recovery?
Guest:
Tom Nardone, Assistant Commissioner for Current Employment Analysis at the Bureau of Labor Statistics
Sylvia Allegretto, Economist, University California, Berkeley
- Patt Morrison for October 15, 2009
- Remember the money CA would save from furloughs? Not so much….
- DA Kamala Harris: Smart on Crime
- Agribusiness’s beef with Michael Pollan, plus a side of academic freedom?
- Welcome to the U.S.—now press here, firmly
- Can the US economy recover without the buying power of the American worker?
Also on this episode
Events
Comedy Congress Live
Wednesday, February 29, 2012
7:30 p.m.
- 9 p.m.
The comedic material emanating from Washington D.C., and state capitols across the country, is enough to make any sitcom writer jealous, even if most of that comedy is unintentional. Our motto on Comedy Congress is that just when politics makes you want to cry, it’s usually best to laugh.
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