8/18/2006

How Do You Spell "Laisse-faire?"



L. Percent growth in corporate profits, 2001 through 2003: 62.2

A. Percent growth in labor compensation, 2001 through 2003: 2.8

I. Growth in private wage and salary income (total labor compensation, including health care and pension benefits), 2001 through 2003: -0.6

S. Percentage of Americans living below the poverty level who voted in the 2000 presidential election: 38

S. Percentage of Americans living at twice the poverty level who voted: 68

E. Percentage of average public university tuition covered by a maximum Pell Grant award in 1976: 84
Percentage of average public university tuition covered by a maximum Pell Grant award in 2003: 39

F. A student from a family in the top 25 percent of income with standardized test scores in the lowest 25 percent was as likely to be enrolled in college as a student from a family in the lowest 25 percent of income earners with scores in the top 25 percent.

A. Percent of students from families in the top 25 percent of income who graduate with a four-year degree within five years of entering college: 40

I. Percent of students from families in the lowest quarter of income who graduate within five years: 6

R. Median weekly wage of full-time workers in 2003: $620 ($32,240 annually). Percent increase from 2002: 2

E. Median annual compensation for CEOs of Fortune 500 companies in 2003: $4.6 million. Percent increase from 2002: 27

5 comments:

AndyRand said...

Cato:
From my perspective these pictures are a foretaste of the world that you'd like to see. The reality that your world view will create.
(I'll anticipate your answer to be,
"Yeah, so what." )

Cato said...

I would imagine it would be a temporary problem as people re-learn how to wipe their own ass.

AndyRand said...

How insightful.

Anonymous said...

Cato:

Slaves and sharecroppers have always been able to wipe their own asses. The difference might be rabbit fur TP v. the pages of Sears catalogs.

AndyRand said...

Don't you know we are all slaves to
the government already. Get you objectivist lingo down Anon.