Downturn for average folks

Downturn for average folks
by Carlos T. Mock, M.D.
Copyright by The Chicago Sun-Times
May 11, 2007

The Dow Jones Average and the S&P 500 are at an all-time high. Big-business profits are booming. Life should be great. But how about you, Mr. and Mrs. Average American? Are you better off?
If you work for the auto, air or banking industries, chances are you'll be looking for a job very soon. If you mortgaged your house during the housing boom, chances are you may be about to lose your home. And even though unemployment is at an all-time low, chances are you are making less per month than you did when President Bush took office -- that is, if your job has not been outsourced.

Wealth for the few at the top is definitively better. Corporate pay is at an all-time high. But I ask you, America: How are your finances?