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So Far, Economic Recovery Tilts To Highest-Income Americans
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Contributor | RP |
Last Edited | RP Jul 21, 2004 07:25pm |
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Category | Analysis |
Media | Newspaper - Wall Street Journal |
News Date | Tuesday, July 20, 2004 06:00:00 AM UTC0:0 |
Description | THE WALL STREET JOURNAL
Joshua Berry and Ricky Williams, both Houstonians, have seen two very different economic recoveries.
Mr. Berry, an entrepreneur, has profited handsomely from the stock market, in the real-estate boom and by selling a business. Mr. Williams, an airline baggage handler, has been waiting since 2001 for a pay raise.
With the U.S. economy expanding and the labor market improving, it isn't clear how well the Democrats' message of a divided America will resonate with voters this fall. But many economists believe the economic recovery has indeed taken two tracks, exemplified by the experiences of these two Texas residents. |
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