The New Normal

The news media are reporting that more than half of the people who have been unemployed long term and have found jobs have taken a pay cut of 50%.  One-third have taken a pay cut of 20%.    Keep playing the lottery and entering Publisher’s Clearinghouse Sweepstakes.

This article and the comments give me a sinking feeling in the pit of my stomach.

http://www.huffingtonpost.com/2011/01/13/new-jobs-in-2010-60-were-_n_808447.html