BUSH IS RIGHT
Even though inflation-adjusted earnings for the average American worker fell 0.5% in 2005 (after falling 0.7% in 2004), I think President Bush is absolutely right when he says the economy is in great shape -- this proves it!
MBAs are hot, again.
Salaries and signing bonuses of fresh graduates took a double-digit jump in 2005 to a record average $106,000....
The $106,000 salary and signing bonus was up 13.5% from 2004, according to a GMAC survey of 5,829 2005 grads. Salary alone increased to $88,600, surpassing the previous high of $85,400 set in 2001....
The average bonus paid to a 2005 MBA graduate by investment banks was $40,000....
A small group of elitists is making money while ordinary schmucks are falling behind! I BELIEVE!!!
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