<HTML><FONT FACE=arial,helvetica><FONT SIZE=2>In a message dated 11/28/00 7:01:40 PM Eastern Standard Time, <BR>dhenwood@panix.com writes:
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<BR><BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">Quick question. In 1992 one of Clinton's campaign slogans was that the US
<BR>>was last among industrialized nations in hourly wage. Was this statistic
<BR>>changed much during his presidency? I have not seen this mentioned <BR>anywhere
<BR>>in the media.
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<BR>The BLS numbers on international comparison of manufacturing wages
<BR>are at <http://stats.bls.gov/news.release/ichcc.t02.htm>. (These
<BR>include fringe benefits - conceptually, they're the cost to
<BR>employers, not the benefit to workers. But they're close enough for
<BR>the net.) The U.S. comes in 11th, if I'm counting right, which was up
<BR>from 13th during the '92 campaign (if I'm remembering right). The
<BR>dollar has been pretty strong during this period, so some of the
<BR>improvement is a currency effect, and not a wage effect.
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<BR>Doug
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<BR>Thanks, Doug
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<BR>That's another reason to dump on Clinton's legacy. </FONT></HTML>