Political Perceptions: It's Not Just the Unemployed says this:
"What about those with jobs?
A lot of the banter in the presidential campaign so far has been about
jobs: Where are they? Why aren’t there more of them? Why are so many U.S.
companies hiring overseas instead of at home? Would a second Barack
Obama term bring more jobs than a Mitt Romney
Good questions all. But that debate tends to overlook the question about
what’s happened to the wages of those Americans who do have jobs.
In an often-overlooked quarterly report, the Labor Department on
Wednesday said that the typical full-time male worker over age 25 – the one in
the statistical middle – earned $918 a week in the second quarter. Adjusted for
inflation, that was about 2% less than the comparable worker earned 10
years earlier, in the second quarter of 2002. For women, the typical weekly
wage was $727, up, but only just 2% over the past decade. And those are the
workers who have jobs.
So it’s no surprise that the latest Wall Street Journal/NBC News poll found voters
disapprove of President Obama’s handling of the economy — 53% to 42%. The
president will argue, and with some evidence, that the economy would be even
sicker if not for all that he did.
But as the ever-quotable Rep. Barney Frank once told a bunch
of economists: “No one has ever gotten re-elected where the bumper sticker said,
‘It would have been worse without me.’ You probably can get tenure with that.
But you can’t win office.”
Mr. Romney is counting on Mr. Frank being right."
Things are tough for those with a job, those without a job, retirees and virtually everybody else. Real tough.
Maybe the politicians, while saving the middle class, should first focus on what they're doing wrong.
That would keep them busy for quite some time.
Maybe even cause them to do less harm by doing less.
Wouldn't that be nice?