A Cruel Joke

EMERGING FROM a meeting with his economic team at Camp David on Aug. 18, President Bush declared that "solid economic growth is creating real benefits for American workers and families." This assertion was false. Mr. Bush should use this Labor Day to rethink his rhetoric and adjust his policies. (The Washington Post)

Here's the reality: corporate profits are the highest they've been since the mid-60s, and actual income for workers has dropped. The "economic growth" since 2001 has had little or no effect on the average worker -- in fact, they are worse off now than they were then. In every single state, real wages have dropped since 2001. Every. Single. State.