DAVE ROSS

Let there be jobs!

Oct 21, 2011, 8:54 AM | Updated: Oct 22, 2011, 8:01 am

Listen to Dave Ross Commentary: Let there be jobs!

Good news for the wealthy classes who might have worried that the recession would throw the country into the arms of French-style socialism…

New wage statistics just in for 2010 show that what’s called the mean income, which accounts for the actual number of people making a certain wage, has half of Americans making less than $26,000 last year.

And the percentage of Americans earning less than $200,000 a year remains at…guess where? 99 percent.

So good news for the anti-Wall Street crowd — they can keep the chant…

But it’s even BETTER news for the people we now call the Job Creators. Job Creators have worried that if the 99 percent were to start joining unions it might boost their wages, making it harder for the Job Creators to create all the jobs they want to create. Well, rest easy, the new numbers show that in 2010, the bottom 99 percent saw their wages DROP by a total of $4.5 billion.

While at the same time, the Job Creators in the 1 percent, presumably through the creation of jobs, saw THEIR total earnings rise by $120 billion. In fact, those in the upper fraction of the 1 percent, the uber-Job Creators earning at least $1 million a year, saw their payroll income rise of 22 percent.

The economy also created MORE job creators — the number of people in the top 1 percent rose by about 300,000.

So like Herman Cain said, you folks in the lower 99 percent need to quit complaining and get a job. My advice would be to get a job as a Job Creator. It pays really well!

Subscribe to the Dave Ross Commentary podcast

Dave's Commentary

Dave Ross on KIRO Newsradio 97.3 FM
  • listen to dave rossTune in to KIRO Newsradio weekdays at 5am for Dave Ross on Seattle's Morning News.

Dave Ross

privacy pods...

Dave Ross

Ross: Tracking employees’ vital signs at work via privacy pods, what could go wrong?

I saw a Bloomberg story about the latest innovation to reduce your stress level at work: Privacy pods.

24 days ago

car culture...

Dave Ross

Ross: Are we killing car culture? Or is car culture killing the US?

I don’t think the question is whether we're going to "kill" our car culture. The real question is can we stop our car culture from killing the U.S.?

1 month ago

drivers data insurance...

Dave Ross

Ross: As cars release driving data to insurance, is your driving my business?

Every move you make, every swerve you take, every lane change you fake – someone’s watching you. Do drivers have a right to keep driving data private?

1 month ago

rent control...

Dave Ross

Ross: Rent control was never the answer in Wash.

The rent control bill died in the Washington State Legislature this week, even though Democrats control both houses.

2 months ago

end of democracy...

Dave Ross

Ross: Conservative activist earns applause for pledging an ‘end of Democracy’

The theme from Jack Posobiec's speech is that Jan. 6 was a righteous attack not on democracy, but on those who threaten democracy.

2 months ago

Image: Rep. Lauren Boebert, R-Colorado, is seen on Capitol Hill on Jan. 6, 2023. (Photo: Alex Brand...

Dave Ross

Ross: Voters can help cull bad politicians from the herd early

Let's remember that just about every occupant of a higher office once occupied a lower office, and was put there by us, Dave Ross says.

2 months ago

Let there be jobs!