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Re: Booming Economy No Wage Growth 4 Hourly Workers

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Message 11 of 31

Baby boomers have been a large portion of the workforce over the last few decades. They are now retiring which lowers the job pool for the next generation, which would help account for the lower unemployment rate.

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Re: Booming Economy No Wage Growth 4 Hourly Workers

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Message 12 of 31

@Olderscout66 wrote:

@mickstuder wrote:

 

1965 TO APRIL 2019

 

wages.png

 

MANY INCUMBENTS IN CONGRESS HAVE BEEN THERE ALMOST THE ENTIRE TIME

 

BIDEN HAS BEEN THERE 40 YEARS

 

Source - https://www.axios.com/mystery-sluggish-wages-ee7bf523-fc96-47a5-86ed-72e5eddae250.html

 


So Joe has magical powers and his mere presence can cause Management to divert money from the Workers to the Managers - How did he do that?

 

 


During much of the 19th century, the average tenure of Representatives and Senators remained relatively steady, with incoming Representatives generally averaging between two and three years of prior service in most Congresses, and the Senators averaging between three and five years.

 

Beginning in the late 19th and through much of the 20thcentury, average tenure for Members in both chambers steadily increased. Senatorsaverage years of prior service has increased from just under five years during the early 1880s to approximately 10 years in the most recent Congress. Similarly, the average tenure of Representatives has increased from approximately three years during the early 1880s to approximately nine years in the most recent Congress.

 

The average years of service for Members of the 116th Congress, as of January 3, 2019,when the Congress convened, was 8.6 years for the House and 10.1 years for the Senate.

 

In comparison, the average years of service for Members of the 115thCongress, as of January 3, 2017, when the Congress convened,was 9.4 years for the House and 10.1 years for the Senate.

 

What has all the Experience Actually Done To Improve the Lives of All Americans over the last few decades?

 

Let's Make Sure To Be Generous in Our Analysis

 

1. Dodd-Frank - Currently Being Dismantled by Both Democrats & Republicans

 

2. Affordable Care Act - Currently Being Dismantled by Trump & the GOP while the Democrats sit Idly on the Sidelines

 

3. The Trump/GOP Tax Break - Lets Once Again Point out who benefitted from that Rip-Off of the American Citizen Tax Payer - Large Already Profitable Corporations - Already Very Rich Individuals in the Top 10%

 

Thats it - No Other Significant Legislation To Improve the Lives of All Americans in over 2 Decades

 

Both Political Parties Are Happy to Blame the Other for the Nothingness - When the Opposite Party is in the Majority

 

That is a Real Example of Collusion

 

Source - https://fas.org/sgp/crs/misc/R41545.pdf

 

 

 

 

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

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Re: Booming Economy No Wage Growth 4 Hourly Workers

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Message 13 of 31

@Olderscout66 wrote:

@mickstuder wrote:

 

1965 TO APRIL 2019

 

wages.png

 

MANY INCUMBENTS IN CONGRESS HAVE BEEN THERE ALMOST THE ENTIRE TIME

 

BIDEN HAS BEEN THERE 40 YEARS

 

Source - https://www.axios.com/mystery-sluggish-wages-ee7bf523-fc96-47a5-86ed-72e5eddae250.html

 


So Joe has magical powers and his mere presence can cause Management to divert money from the Workers to the Managers - How did he do that?

 

Is there ANYTHING else that would cause the wages for workers to plummet in 1982?

 

Can you say REAGAN TAXSCAM?

 

If you want to fix a problem, first you must correctly IDENTIFY the problem.

In this case it is not "incumbents", it is THE TAX CODE.

 

The PROFITS that should become higher wages were still there, they just went somewhere else - TO THE ONES DIVIDING THE PROFITS. 

 

Why didn't it go there before 1982?

 

Because if it had, the recipients would've sent it all back to Washington and the State House and had only about 25 cents from each additional dollar they gave themselves. Much better to give it to the workers WHO WILL SPEND IT driving the economy higher and increasing the value of Management's stock and options. while the higher tax revenue allowed Government to IMPROVE and maintain the infrastructure upon which Commerce relies.

 

Democrats have raised the TMR to a fraction of it's 1981 level, but the Democratic base cannot admit it was the tax cuts that caused the redistribution of income from the workers to the managers. Now perhaps they will wake up and rid the Congress of the Republicans who have redistributed every penny of realwage increases to the top 10%, allowing the next 70% to barely keep pace with inflation while passing laws to allow loan sharks to decimate the bottom 20%.


Many, many new jobs being created - unemployment is down, wages are up and you want to go back 30 years to your obsession.

 

And what has greatly improved employment circumstances to do with loan sharks?

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Re: Booming Economy No Wage Growth 4 Hourly Workers

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Message 14 of 31

@mickstuder wrote:

 

1965 TO APRIL 2019

 

wages.png

 

MANY INCUMBENTS IN CONGRESS HAVE BEEN THERE ALMOST THE ENTIRE TIME

 

BIDEN HAS BEEN THERE 40 YEARS

 

Source - https://www.axios.com/mystery-sluggish-wages-ee7bf523-fc96-47a5-86ed-72e5eddae250.html

 


So Joe has magical powers and his mere presence can cause Management to divert money from the Workers to the Managers - How did he do that?

 

Is there ANYTHING else that would cause the wages for workers to plummet in 1982?

 

Can you say REAGAN TAXSCAM?

 

If you want to fix a problem, first you must correctly IDENTIFY the problem.

In this case it is not "incumbents", it is THE TAX CODE.

 

The PROFITS that should become higher wages were still there, they just went somewhere else - TO THE ONES DIVIDING THE PROFITS. 

 

Why didn't it go there before 1982?

 

Because if it had, the recipients would've sent it all back to Washington and the State House and had only about 25 cents from each additional dollar they gave themselves. Much better to give it to the workers WHO WILL SPEND IT driving the economy higher and increasing the value of Management's stock and options. while the higher tax revenue allowed Government to IMPROVE and maintain the infrastructure upon which Commerce relies.

 

Democrats have raised the TMR to a fraction of it's 1981 level, but the Democratic base cannot admit it was the tax cuts that caused the redistribution of income from the workers to the managers. Now perhaps they will wake up and rid the Congress of the Republicans who have redistributed every penny of realwage increases to the top 10%, allowing the next 70% to barely keep pace with inflation while passing laws to allow loan sharks to decimate the bottom 20%.

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Re: Booming Economy No Wage Growth 4 Hourly Workers

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Message 15 of 31

Booming Economy No Wage Growth 4 Hourly Workers

 

 

10,000 workers are leaving the workforce per day to collect Social Security, 3.6 million per year.

 

 

Unemployment numbers are based on those actively seeking employment, 3.6 million people a year leave the workforce unemployment numbers go down.

 

 

Problem is half of those people don't have savings to speak of, so they retire into or near poverty, the other half does have money, but if they are wise they only spend 4% of that saved money per year.

 

 

Low birth rate and an aggressive stance against immigrant labor make it hard to fill jobs, and a lot of people can't past drug tests. Jobs go unfilled.

 

 

I'm not so sure all of that translates into a booming economy.

 

 

Evidently the market doesn't either, inflation and wages stay low, wage gains are mostly in blue states driven by state minimum wage laws.

 

 

The bankers are doing well, but they usually do, good times or bad.

 

 

 

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Re: Booming Economy No Wage Growth 4 Hourly Workers

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Message 16 of 31

@mickstuder wrote:

@rk9152 wrote:

@mickstuder wrote:

@rk9152 wrote:

@mickstuder wrote:

@rk9152 wrote:

https://www.nytimes.com/2019/05/02/business/economy/wage-growth-economy.html


Lets Add A Little Factual Context............from your link -

 

Nothing to Do With Trump! NOTHING!

 

NOTHING TO DO WITH CORPORATE AMERICA SHARING THE BONANZA WITH WORKERS VOLUNTARILY

 

The faster growth at the bottom is probably being fueled in part by recent minimum-wage increases in cities and states across the country. Research from the Economic Policy Institute, a liberal-leaning think tank, found that over the past five years, wages for low-wage workers rose 13 percent in states that raised their minimum wages, compared with 8.4 percent in states that did not.

__________________________________

 

Millions of American workers will see pay raises in the new year due to minimum-wage increases in 20 states and 21 cities.

 

The Economic Policy Institute reports that in six states, the wage hikes are the result of new levels set by state legislatures. In California, Massachusetts and New York, the increases are small steps in the broader effort of eventually raising the minimum wage to $15 an hour.

 

The federal minimum wage has remained at $7.25 an hour since 2009, but in the years since, 29 states and the District of Columbia have established minimum wages above the federal level.

 

The wage hikes range from an extra nickel per hour in Alaska to $1-an-hour in Maine, Massachusetts and California for companies with more than 25 employees. The increases will raise pay for 5.3 million workers across the country, according to the nonprofit Economic Policy Institute, giving those workers an estimated $5.4 billion in increased wages over the course of 2019.

 

Advocates say the trend toward higher minimum wages began in 2012, when the "Fight for $15" national movement began protesting for higher wages for fast food, child care and airline workers, among other businesses. While few have reached that threshold, several state legislatures and city councils have raised wages through phased-in laws, ballot initiatives and by adjusting for inflation.

 

Source - https://www.npr.org/2018/12/30/681055793/minimum-wages-rising-in-20-states-and-several-cities

 

 

The bottom line is that while you may know 4 hourly workers who have not benefited from this roaring economy, many, many more have.

 


 


Yeah No Doubt The Top 10% Represents a Large Number of People - Tens of Millions in fact - but the Bottom 90% who typically get nothing - they number in the 100's of Millions

 

The Entire US Constitution is devoted to 100% of Americans

 

It's Incumbents in Congress who corrupted the entire system in only the last 1/2 Century

 

Unfortunately until the 100's of Millions of Americans who are in the bottom 90% finally realize & then accept - it's the Incumbents in Congress - not just the Republicans & not just the Democrats but all Career Politicians that have purposefully created the inequality - the massive divide & the percentages that make up those 2 groups which are consistently shrinking at the top & growing at the bottom

 

Not only will nothing improve - the few at the Top will just take all the Country's Assets & move on to the next opportunity in the next Country

 

The Soviet Union didn't become Russia because of Communism - China is Communist & we the Mighty Capitalistic USA needs to borrow the Money to pay our monthly Bill's from Communist China year in & year out to the point where now we have to borrow just to pay the interest every year never mind ever paying down the principle

 

No the Soviet Union became Russia because of GREED just like that which exists in the USA today & as the USA is becoming a Banana Republic because of GREED it will be even less of a shell of itself than Russia is to the former Soviet Union

 

You can thank your US CONGRESS Person for that when you see them once every 2nd or 6th year

 

 

 

 


Do you seriously think that those new 235K jobs went to your hated (or envied) 10%ers?
Sounds like you are down on Russia but a fan of the USSR. As some like to say - quite telling.

I'm a Fan of Facts & History

 

The Soviet Union was very powerful & had many States & Territories just like the USA does currently

 

Greed & Corruption dismantled the Soviet Union because their Citizens were uninformed & apathetic

 

Just like US Citizens are today

 

Those who fail to learn from Historical Mistakes are doomed to repeat them

 

Destructive Forces like Greed & Corruption have no Ideology - Political or Otherwise

 


The only thing that man learns from history is that man learns nothing from history.  This seems especially true for a very large number of Americans, a disproportionate percentage of which seems to be trump supporters.


"The only thing man learns from history is man learns nothing from history"
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Re: Booming Economy No Wage Growth 4 Hourly Workers

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Message 17 of 31

@rk9152 wrote:

@ChasKy53 wrote:

@mickstuder wrote:

@rk9152 wrote:

https://www.nytimes.com/2019/05/02/business/economy/wage-growth-economy.html


Lets Add A Little Factual Context............from your link -

 

Nothing to Do With Trump! NOTHING!

 

NOTHING TO DO WITH CORPORATE AMERICA SHARING THE BONANZA WITH WORKERS VOLUNTARILY

 

The faster growth at the bottom is probably being fueled in part by recent minimum-wage increases in cities and states across the country. Research from the Economic Policy Institute, a liberal-leaning think tank, found that over the past five years, wages for low-wage workers rose 13 percent in states that raised their minimum wages, compared with 8.4 percent in states that did not.

__________________________________

 

Millions of American workers will see pay raises in the new year due to minimum-wage increases in 20 states and 21 cities.

 

The Economic Policy Institute reports that in six states, the wage hikes are the result of new levels set by state legislatures. In California, Massachusetts and New York, the increases are small steps in the broader effort of eventually raising the minimum wage to $15 an hour.

 

The federal minimum wage has remained at $7.25 an hour since 2009, but in the years since, 29 states and the District of Columbia have established minimum wages above the federal level.

 

The wage hikes range from an extra nickel per hour in Alaska to $1-an-hour in Maine, Massachusetts and California for companies with more than 25 employees. The increases will raise pay for 5.3 million workers across the country, according to the nonprofit Economic Policy Institute, giving those workers an estimated $5.4 billion in increased wages over the course of 2019.

 

Advocates say the trend toward higher minimum wages began in 2012, when the "Fight for $15" national movement began protesting for higher wages for fast food, child care and airline workers, among other businesses. While few have reached that threshold, several state legislatures and city councils have raised wages through phased-in laws, ballot initiatives and by adjusting for inflation.

 

Source - https://www.npr.org/2018/12/30/681055793/minimum-wages-rising-in-20-states-and-several-cities

 


Oh no !  More facts.  Unfortunately facts to simply be denied or ignored by trump supporters.


Fortunately we have a very healthy and growing economy to pay for the increases received by so many besides those 4 that mick is concerned about.


Your one-liner doesn't discredit or refute anything that Mickstuder posted. You can't back up anything you say with reputable sources to it counts a nothing.


"The only thing man learns from history is man learns nothing from history"
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Re: Booming Economy No Wage Growth 4 Hourly Workers

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Message 18 of 31

@rk9152 wrote:

@ChasKy53 wrote:

@mickstuder wrote:

@rk9152 wrote:

https://www.nytimes.com/2019/05/02/business/economy/wage-growth-economy.html


Lets Add A Little Factual Context............from your link -

 

Nothing to Do With Trump! NOTHING!

 

NOTHING TO DO WITH CORPORATE AMERICA SHARING THE BONANZA WITH WORKERS VOLUNTARILY

 

The faster growth at the bottom is probably being fueled in part by recent minimum-wage increases in cities and states across the country. Research from the Economic Policy Institute, a liberal-leaning think tank, found that over the past five years, wages for low-wage workers rose 13 percent in states that raised their minimum wages, compared with 8.4 percent in states that did not.

__________________________________

 

Millions of American workers will see pay raises in the new year due to minimum-wage increases in 20 states and 21 cities.

 

The Economic Policy Institute reports that in six states, the wage hikes are the result of new levels set by state legislatures. In California, Massachusetts and New York, the increases are small steps in the broader effort of eventually raising the minimum wage to $15 an hour.

 

The federal minimum wage has remained at $7.25 an hour since 2009, but in the years since, 29 states and the District of Columbia have established minimum wages above the federal level.

 

The wage hikes range from an extra nickel per hour in Alaska to $1-an-hour in Maine, Massachusetts and California for companies with more than 25 employees. The increases will raise pay for 5.3 million workers across the country, according to the nonprofit Economic Policy Institute, giving those workers an estimated $5.4 billion in increased wages over the course of 2019.

 

Advocates say the trend toward higher minimum wages began in 2012, when the "Fight for $15" national movement began protesting for higher wages for fast food, child care and airline workers, among other businesses. While few have reached that threshold, several state legislatures and city councils have raised wages through phased-in laws, ballot initiatives and by adjusting for inflation.

 

Source - https://www.npr.org/2018/12/30/681055793/minimum-wages-rising-in-20-states-and-several-cities

 


Oh no !  More facts.  Unfortunately facts to simply be denied or ignored by trump supporters.


Fortunately we have a very healthy and growing economy to pay for the increases received by so many besides those 4 that mick is concerned about.


You can't seem to back up anything you say with reputable sources so actually it doesn't count as nothing.


"The only thing man learns from history is man learns nothing from history"
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Re: Booming Economy No Wage Growth 4 Hourly Workers

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Message 19 of 31

@rk9152 wrote:

@mickstuder wrote:

@rk9152 wrote:

@mickstuder wrote:

@rk9152 wrote:

https://www.nytimes.com/2019/05/02/business/economy/wage-growth-economy.html


Lets Add A Little Factual Context............from your link -

 

Nothing to Do With Trump! NOTHING!

 

NOTHING TO DO WITH CORPORATE AMERICA SHARING THE BONANZA WITH WORKERS VOLUNTARILY

 

The faster growth at the bottom is probably being fueled in part by recent minimum-wage increases in cities and states across the country. Research from the Economic Policy Institute, a liberal-leaning think tank, found that over the past five years, wages for low-wage workers rose 13 percent in states that raised their minimum wages, compared with 8.4 percent in states that did not.

__________________________________

 

Millions of American workers will see pay raises in the new year due to minimum-wage increases in 20 states and 21 cities.

 

The Economic Policy Institute reports that in six states, the wage hikes are the result of new levels set by state legislatures. In California, Massachusetts and New York, the increases are small steps in the broader effort of eventually raising the minimum wage to $15 an hour.

 

The federal minimum wage has remained at $7.25 an hour since 2009, but in the years since, 29 states and the District of Columbia have established minimum wages above the federal level.

 

The wage hikes range from an extra nickel per hour in Alaska to $1-an-hour in Maine, Massachusetts and California for companies with more than 25 employees. The increases will raise pay for 5.3 million workers across the country, according to the nonprofit Economic Policy Institute, giving those workers an estimated $5.4 billion in increased wages over the course of 2019.

 

Advocates say the trend toward higher minimum wages began in 2012, when the "Fight for $15" national movement began protesting for higher wages for fast food, child care and airline workers, among other businesses. While few have reached that threshold, several state legislatures and city councils have raised wages through phased-in laws, ballot initiatives and by adjusting for inflation.

 

Source - https://www.npr.org/2018/12/30/681055793/minimum-wages-rising-in-20-states-and-several-cities

 

 

The bottom line is that while you may know 4 hourly workers who have not benefited from this roaring economy, many, many more have.

 


 


Yeah No Doubt The Top 10% Represents a Large Number of People - Tens of Millions in fact - but the Bottom 90% who typically get nothing - they number in the 100's of Millions

 

The Entire US Constitution is devoted to 100% of Americans

 

It's Incumbents in Congress who corrupted the entire system in only the last 1/2 Century

 

Unfortunately until the 100's of Millions of Americans who are in the bottom 90% finally realize & then accept - it's the Incumbents in Congress - not just the Republicans & not just the Democrats but all Career Politicians that have purposefully created the inequality - the massive divide & the percentages that make up those 2 groups which are consistently shrinking at the top & growing at the bottom

 

Not only will nothing improve - the few at the Top will just take all the Country's Assets & move on to the next opportunity in the next Country

 

The Soviet Union didn't become Russia because of Communism - China is Communist & we the Mighty Capitalistic USA needs to borrow the Money to pay our monthly Bill's from Communist China year in & year out to the point where now we have to borrow just to pay the interest every year never mind ever paying down the principle

 

No the Soviet Union became Russia because of GREED just like that which exists in the USA today & as the USA is becoming a Banana Republic because of GREED it will be even less of a shell of itself than Russia is to the former Soviet Union

 

You can thank your US CONGRESS Person for that when you see them once every 2nd or 6th year

 

 

 

 


Do you seriously think that those new 235K jobs went to your hated (or envied) 10%ers?
Sounds like you are down on Russia but a fan of the USSR. As some like to say - quite telling.

I'm a Fan of Facts & History

 

The Soviet Union was very powerful & had many States & Territories just like the USA does currently

 

Greed & Corruption dismantled the Soviet Union because their Citizens were uninformed & apathetic

 

Just like US Citizens are today

 

Those who fail to learn from Historical Mistakes are doomed to repeat them

 

Destructive Forces like Greed & Corruption have no Ideology - Political or Otherwise

 

 

 

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

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Re: Booming Economy No Wage Growth 4 Hourly Workers

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Message 20 of 31

@mickstuder wrote:

@rk9152 wrote:

@mickstuder wrote:

@rk9152 wrote:

https://www.nytimes.com/2019/05/02/business/economy/wage-growth-economy.html


Lets Add A Little Factual Context............from your link -

 

Nothing to Do With Trump! NOTHING!

 

NOTHING TO DO WITH CORPORATE AMERICA SHARING THE BONANZA WITH WORKERS VOLUNTARILY

 

The faster growth at the bottom is probably being fueled in part by recent minimum-wage increases in cities and states across the country. Research from the Economic Policy Institute, a liberal-leaning think tank, found that over the past five years, wages for low-wage workers rose 13 percent in states that raised their minimum wages, compared with 8.4 percent in states that did not.

__________________________________

 

Millions of American workers will see pay raises in the new year due to minimum-wage increases in 20 states and 21 cities.

 

The Economic Policy Institute reports that in six states, the wage hikes are the result of new levels set by state legislatures. In California, Massachusetts and New York, the increases are small steps in the broader effort of eventually raising the minimum wage to $15 an hour.

 

The federal minimum wage has remained at $7.25 an hour since 2009, but in the years since, 29 states and the District of Columbia have established minimum wages above the federal level.

 

The wage hikes range from an extra nickel per hour in Alaska to $1-an-hour in Maine, Massachusetts and California for companies with more than 25 employees. The increases will raise pay for 5.3 million workers across the country, according to the nonprofit Economic Policy Institute, giving those workers an estimated $5.4 billion in increased wages over the course of 2019.

 

Advocates say the trend toward higher minimum wages began in 2012, when the "Fight for $15" national movement began protesting for higher wages for fast food, child care and airline workers, among other businesses. While few have reached that threshold, several state legislatures and city councils have raised wages through phased-in laws, ballot initiatives and by adjusting for inflation.

 

Source - https://www.npr.org/2018/12/30/681055793/minimum-wages-rising-in-20-states-and-several-cities

 

 

The bottom line is that while you may know 4 hourly workers who have not benefited from this roaring economy, many, many more have.

 


 


Yeah No Doubt The Top 10% Represents a Large Number of People - Tens of Millions in fact - but the Bottom 90% who typically get nothing - they number in the 100's of Millions

 

The Entire US Constitution is devoted to 100% of Americans

 

It's Incumbents in Congress who corrupted the entire system in only the last 1/2 Century

 

Unfortunately until the 100's of Millions of Americans who are in the bottom 90% finally realize & then accept - it's the Incumbents in Congress - not just the Republicans & not just the Democrats but all Career Politicians that have purposefully created the inequality - the massive divide & the percentages that make up those 2 groups which are consistently shrinking at the top & growing at the bottom

 

Not only will nothing improve - the few at the Top will just take all the Country's Assets & move on to the next opportunity in the next Country

 

The Soviet Union didn't become Russia because of Communism - China is Communist & we the Mighty Capitalistic USA needs to borrow the Money to pay our monthly Bill's from Communist China year in & year out to the point where now we have to borrow just to pay the interest every year never mind ever paying down the principle

 

No the Soviet Union became Russia because of GREED just like that which exists in the USA today & as the USA is becoming a Banana Republic because of GREED it will be even less of a shell of itself than Russia is to the former Soviet Union

 

You can thank your US CONGRESS Person for that when you see them once every 2nd or 6th year

 

 

 

 


Do you seriously think that those new 235K jobs went to your hated (or envied) 10%ers?
Sounds like you are down on Russia but a fan of the USSR. As some like to say - quite telling.
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