Not Surprising

Since we have degrees ourselves, we were perfectly capable of figuring out that we were sliding backward. We're pretty familiar with how the number line works.

That Raise Might Take 4 Years to Earn as Well - Los Angeles Times: "The recent wage slump has affected a substantial part of the workforce. About 30 million Americans age 20 to 59 have a four-year degree and no advanced degree, according to the National Center for Education Statistics.

The White House economists did not lay out wage trends for people with master's and other advanced degrees. But other studies have found that their inflation-adjusted wages were essentially flat between 2000 and 2004, and the studies have confirmed a decline for people with four-year degrees."

Once a tool, always a tool. For somebody with a four year degree he must have missed logic class. I guess he believes that if you cut your hair it will grow faster.

I would like this not to be so, but it is. This is not a good thing.

Tags: wage stagnation, four year degrees, Israel, Lebanon, rockets, stupid ideas, Katrina, toxic trailers