pearl necklace

A lot of citizens have not noticed that people’s income begins to fall down actually. Shenzhen Labor and Social Security Bureau publicizes a instructive salary of 2009, under the influence of financial crisis, this year’s average salary is in the trend of decline comparing with last year, it is the first drop in eleven years. The income gap between different workers is keeping shorten, while finance trade area is still in top of all industry. In except of some monopolized vocation and public servant, only the area of real estate and finance has not fell in total income level, all of salary generation engaging in the second and third industry actually are the real group to create wealth, their income drops generally. It is no doubt that this is not the group of falling income, in respect that what they pay out is the real wealth, however, the fact is that the most terrible economic phenomenon comes into being in eleven years, this group people are suffering the pain of economic depression what they should not be stood.

 

There are two ways for American society to deal with such kind of financial phenomenon, one is to carry out the special mechanism of government social security to solve any potential social problem; the other way is through labor union organization to negotiate with investors in avoid of some unfairness or injustice in the falling income for salary generation. While the real fact in China is that the special mechanism of government social security is not perfect, there is also no system to exert in economic depression; the labor union organization in China is composed of servant, it is impossible for them to encourage the salary generation protecting their benefits by striking, luckily, the salary group does not ask for increasing their income intentionally as long as they have some fixed income to maintain lives.

 

Therefore, there would not cause any serious social problem for China in the period of economic depression. However, it is a painful thing for citizens about the up-rising living cost, once the price of many necessities of life raise, the plan of townsman resident would be destroyed by reality, and their life hopes are on the way of breaking, at that time, it is hard to avoid any problem.

 

Then who is the one to choke the neck of rising income for townsman? It is assets bubble, this time’s price rising swallows a great amount fund of real economy and restricts the social consume, when the profits of all industry in China falls 20%, the stock index rises 70%; when the income of townsman resident drops at first time in eleven years, the house price jumps 30%.