Wages Gap Persists as Economy Grows in 2003
A Gazette analysis notes wages rose 2 percent in 2003 with a 8.2 percent Q3 and 4 percent Q4 growth, while middle earners saw near stagnation. The article contrasts a widening pay gap from 10th to 90th percentile and discusses two income strategies amid shifts to services and productivity.
MENTIONED IN THIS ARTICLE
Economic Policy Institute
America
Clinton
Reich
Brandeis University
Waltham
Mass
David Hueter
National Association of Manufacturers
Washington
Huether
Jared Bernstein
Bush
John Edwards
North Carolina
Americas
John Kerry
Greenspan Eyes Budget Rules as Growth Outpaces Job Creation
Fed Chairman Greenspan warned deficits threaten long term rates and urged Congress to restore budget rules to offset tax cuts and spending. He noted the administration’s pledge to cut the deficit and warned baby boom retirements will pressure future services without action. He cited 6.1 percent growth in late 2003 and limited job gains as the economy strengthens.
MENTIONED IN THIS ARTICLE
Congress
Greenspan
Gambling expansion faces many hurdles in Iowa Legislature
Lawmakers weigh lifting the Racing and Gaming Commission moratorium on new licenses and possibly capping licenses. Estimates suggest up to 10 licenses could be sold, with studies finding three or fewer new casinos viable. The Waterloo site is seen as most profitable, while the state must recoup 112 million owed to race tracks and fill a 140 million budget gap.
MENTIONED IN THIS ARTICLE
Racing and Gaming Commission
Iowa
The
Commission
Association of Business and Industry
Waterloo
Legisla
Ture
Iowa Supreme Court
Gold coins draw buyers valuing hard assets and history
Cedar Rapids buyers like 1-ounce Krugerrands and Saint-Gaudens pieces for security and potential gains. Experts warn gold is volatile, not a core retirement investment, and stress buying widely circulated coins, avoiding unknown dealers, and limiting gold to about 10 percent of investable funds.
MENTIONED IN THIS ARTICLE
Fanton
Max Hagen
Cedar Rapids
Hagen
Tom Haley
Haley
India
S. Hagen
IRS
U.S
Also Mentioned on This Page
Robert Reich
Gazette
Jim O'Neal
Cedar Rapids Public Library
First St
James. Lynch
Gazettecommunications.com
David.dewitte
Jim Slosiarek
the Gazette
Westdale
Nextel
Nextel Retail
Coralville
Coral Ridge Ave
Nextel Direct Sales Office
Hiawatha
Sherman Road
Elite Wireless
North Park Place
Global Wireless
Collins Road
Mobility Communications
Boyson
Lindale Mall
Boyson Rd
Wireless One
Collins Rd
Coral Ridge Mall
Unicor Wireless
Clocktower Plaza
Motorola
FAST
Servi Nextl
Inc
Group Connect
Wie Univer
U.S. Patent & Trademark Office
Ee RD
ANG Ivt
Ater Home Market