I feel the same for Pete Rose. He bet on baseball (his own team to win) as an old man coach. This has nothing to do with him as a player. Put Pete in the Hall of Fame where he belongs. Anyhow, since he bet on his team to will, how do you throw a game to win?

I agree. Lance won fair and square, because all the other competitors were using the same "tools". Look at Golf. I doubt they will take back the money and titles from those who used the "long putter" in the past, now that they have banned it.

The data is flawed because it includes people working at McDonalds. Compared skilled non college people like plumbers, electricians, truck drivers, welders, carpenters, nurses, copier and printer repair, etc, and you will see they all make just as much; and the better skilled among them leave most college grads in the dust financially.

The typical truck driver makes the same money as the typical college grad. And because of the shortage, many trucking companies will even pay for your training.

The typical plumber, electrician, welder, carpenter makes a lot more money that the typical college grad.

Ok, In your business, say most of your customers are rich people. They now have less to spend (less consumption) because of higher taxes. Do you then hire more people or lay them off as a result of your customers spending less? If it is a high end restaurant that the rich eat at; it is the wait staff that suffers with less hours and lower tips. But I guess they can get food stamps right?

If things did turn around as you state, I think Bill Gross would change his tune. Gross is just observing current reality, not hopeful thinking. The Reagan revolution in hindsight was not a revolution, but a temporary slow down in the steady march to less freedom.

Isn't Bill Gross just stating that the new normal is government intervention, regulation and control; and therefore 8% unemployment is here to stay, much like the decades of 10% and higher unemployment in Europe?