Bob's Links and Rants

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Friday, January 23, 2004

Third world, here we come!
The definitions aren't exactly clear, but this chart shows that the sectors of the US economy that are growing (I'm assuming retail, services, outsourcing consulting) pay substantially less in wages than the sectors that are contracting (manufacturing, high tech?). Nationwide the average wage in contracting industries is $44,570, while the average in growing industries is $35,410. (Via MaxSpeak.)

The Cheap-Labor Conservatives are winning.