Today, the DOW achieved its highest level since June 2008. State of the economy? Someone's getting rich, and it isn't the middle class. This ought to be thought-provoking stuff...a lot of corporations are receiving injections of capital - so where is the hiring? The "real" unemployment rate is 15-20% (the "deflated" numbers you hear on the news don't include the people who are no longer counted as part of the statistic...mainly those who have simply given up looking for a job and those who are "underemployed" or making tens of thousands less than they once did).
And so here in Michigan we have a governor who wants to cut taxes on corporations (to "stimulate job creation" of course), and raise taxes on retirees by taxing their pensions - AND cut the per pupil school funding by around $400.
Is this guy for real? (Well yeah...his name is Rick Snyder)
