Thursday, November 11, 2010

Chart of the Week: It's a Man Thing

Women seem to be faring better than men in the labor market. This situation may be attributable to women occupying lower paying service jobs and fewer construction industry jobs. Another sign that the US economy is shedding family wage, middle-class jobs that may never be replaced. That is not the only bad news. Obamacon appointed another pass-the-blame commission to study ways to cut the deficit. That whale of a statesman and co-chair Alan Simpson, wants to balance the budget on your back by drastically cutting Social Security, Medicare and Medicaid benefits.  They want to take away your mortgage tax deduction while lowering corporate income tax just for good measure. Did the White House stand up for the middle class when the draconian cuts were suggested? Only the crickets could be heard because nobody's home. The British are taking their turn in the streets protesting the austerity measures of the Tory government. At home US Person suggests first ending two costly wars--in one case unjustifiable and in the other unwinnable. The Pentagon will not do that on its own even though it has enough hutzpah to waste a spare missile now and then while the cat's away hobnobbing with the upper caste. And remember this Wackydoodle: you asked for it.