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job hunting, over 50 communities , franklin templeton recruitment, moms having sex with sons , helicopter, sales, mother sex , executive, consulting, moms fucking younger guys , planningretirement, | The economic rational for higher income inequality is that it leads to higher savings and investment that makes everyone better off. But we have had a quarter century of rising inequality with plunging savings and investments falling as a share of antiques nominal gdp. But no one seems to want to discuss why our economic theory is not working. On the other hand at least the Rebublicans can claim that the Keynesian part of their antiques tax cuts worked. antiques Posted by: spencer at March 12, 2006 01:59 PM outsider -- the head of the BLS is Elaine Chao A small clarification: Commissioner, BLS, is Kathleen P. Utgoff. Philip L. Rones, as the Deputy Commissioner, works for Kathleen. Secretary Elaine Chao, as SecLabor, has over 20 operations in DOL, and BLS is just one of them. |
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The key phrase being �may increase personal savings�. There is no guarantee that workers, while being paid more along the labor market rainbow, will increase their personal savings rate. Education and clear planning for the future is a better guarantee of personal savings than dollars happen to be. Posted by: Grzegorz at March 12, 2006 08:55 AM A propos of your comment on increasing the national savings rate, James, you might like to look at the post I wrote franklin templeton recruitment on the subject a few days ago. Posted by: Dave franklin templeton recruitment Schuler at March franklin templeton recruitment 12, 2006 10:09 AM Dae Schuler -- very good points in your comments. It is an interesting question that is getting way too little attention. |
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