Friday, January 4, 2013
Continuing Low Wage Job Gains Encourages Some: Tales From Normal, Mn.FICTION
Just got the text today from Normal, Mn. that the recent jobs report that lists flat job creation, and mostly low wage job creation at that..is being greeted by investors as positive...it does make you wonder the frame of mind of those floor traders and pundits that are basking in the glow of the lights on CNBC...whether they have any clue of what minimum wage looks like...and not only day to day employment...but hour to hour employment....I think the guys from Normal, Mn. have reached the conclusion that whenever one hears anything from Rick Santelli of the CME Exchange where he rants about the necessity for all the nation to eliminate debt...but neglects whether he wants all ammo to be paid for by cash...until he goes there...and talks about paying for war..just disregard his remarks....that's the latest from Normal, Mn.