job enough but money still not enough
Today we hear another impressive figure on job creation. 81,500 jobs created. And the unemployment rate of 3.8 per cent is nothing to worry about. We are near full employment. But why are the lower segment of the population still feeling so dissatisfied and unhappy? Obviously employment is not the only thing to look at. It is the overall impoverishment of the people. Asset value dwindling, some still holding onto negative assets, and the depreciating value of the money vis a vis what it can buy, domestically. We are poorer for the same income when everything is going up. And that is a fact for those with household income of less than $3,000. $2,000 is a drudgery, bearly enough. There is a need to contain the runaway inflation and cost of living to make life easier for the lower income group. To them it is still money not enough. Not that they have no money.