Friday, June 04, 2004

Yahoo! News Message Boards Politics News

Yahoo! News Message Boards Politics News: "Cheney caught in the spin zone!
by: sevenmedicine 06/04/04 04:59 pm
Msg: 561 of 614
7 recommendations

In five separate speeches at the end of last month, Vice President Cheney said, 'Real incomes and wages are growing.' While Cheney's wallet may be getting fatter from the Halliburton salary he still receives and the stock options he still holds, the numbers tell a far different story for average Americans. As the Economic Policy Institute reports, while corporate profits have risen 62.2 percent since the peak of the last recovery, private-sector wages have decreased by 0.6 percent - the worst record of any 'recovery' since World War II, and well under the historical average of 7.2 percent. "