jim rozen wrote:

... What suprises many economists is that the job-shedding
has continued despite what they describe as an extraordinary
level of economic stimulus. Low interest rates, tax cuts and
rebates, a rise in military spending, mortgage refinancings,
growing corporate profits, even a long-awaited improvement
in business spending on new equipment and software have all
all contributed to the rise in the economic growth rate.

But jobs are disappearing, and employers continue to resist
adding hours for their existing workers. Economists warn that
without payroll expansion and rising income from wages,
sustaining the economic growth will be difficult once the
stimulus weakens.

"If we go into next year without job growth, then the consumer's
willingness to keep spending comes into question, and recovery
is in danger of unwinding," said James W Paulsen, chief
investment strategist for Wells Capital Management.




Someone at the presidential debate quoted Henry Ford as saying, " I pay
my workers
more so they can afford to buy my product."

I've read some about Ford and I recall that when he raised wages, the
money went
into a trust to be paid out after 6 months if the employee was still
there, in good standing.

Fred