Topic Actions

Topic Search

Who is online

Users browsing this forum: No registered users and 5 guests

So much for the Dem blue wave

The Management is not responsible for the contents of this forum. Enter at your own risk.
Re: So much for the Dem blue wave
Post by smr   » Mon Aug 06, 2018 8:10 pm

smr
Rear Admiral

Posts: 1447
Joined: Tue Dec 06, 2011 6:18 pm

3.25%

gcomeau wrote:
smr wrote:Don't need to guess! :) Have a blessed Day!

https://www.frbatlanta.org/chcs/wage-growth-tracker.aspx?panel=1


Did you actually read the chart? And happen to notice how after going upward for many years it's been heading down for the last couple?
Top
Re: So much for the Dem blue wave
Post by Joat42   » Tue Aug 07, 2018 6:31 am

Joat42
Vice Admiral

Posts: 1515
Joined: Tue Apr 16, 2013 6:01 am
Location: Sweden

gcomeau wrote:
smr wrote:Don't need to guess! :) Have a blessed Day!

https://www.frbatlanta.org/chcs/wage-growth-tracker.aspx?panel=1


Did you actually read the chart? And happen to notice how after going upward for many years it's been heading down for the last couple?
smr wrote:3.25%

And with an inflation of 2.9% (so far in 2018), how much is left? Especially since it seems the growth is diminishing.

---
Jack of all trades and destructive tinkerer.


Anyone who have simple solutions for complex problems is a fool.
Top
Re: So much for the Dem blue wave
Post by Annachie   » Tue Aug 07, 2018 7:45 am

Annachie
Admiral

Posts: 2710
Joined: Fri Jun 17, 2011 6:36 pm

Beats Australia, but not by much.
~~~~~~~~~~~~~~~~~~
You are so going to die. :p ~~~~ runsforcelery
~~~~~~~~~~~~~~~~~~~
still not dead. :)
Top
Re: So much for the Dem blue wave
Post by gcomeau   » Tue Aug 07, 2018 11:03 am

gcomeau
Admiral

Posts: 2325
Joined: Tue Dec 02, 2014 4:24 pm

Joat42 wrote:
gcomeau wrote:Did you actually read the chart? And happen to notice how after going upward for many years it's been heading down for the last couple?
smr wrote:3.25%

And with an inflation of 2.9% (so far in 2018), how much is left? Especially since it seems the growth is diminishing.


And that's overall wages.

If you exclude executives and management the wages of the middle class are actually decreasing now after factoring in inflation... which Trump's idiot trade wars are driving up.
Top
Re: So much for the Dem blue wave
Post by Joat42   » Tue Aug 07, 2018 12:42 pm

Joat42
Vice Admiral

Posts: 1515
Joined: Tue Apr 16, 2013 6:01 am
Location: Sweden

gcomeau wrote:And that's overall wages.

If you exclude executives and management the wages of the middle class are actually decreasing now after factoring in inflation... which Trump's idiot trade wars are driving up.

Actually, the graph doesn't include wages above 100k I think, under methodology they what wages are excluded from the graph.

---
Jack of all trades and destructive tinkerer.


Anyone who have simple solutions for complex problems is a fool.
Top
Re: So much for the Dem blue wave
Post by gcomeau   » Tue Aug 07, 2018 1:38 pm

gcomeau
Admiral

Posts: 2325
Joined: Tue Dec 02, 2014 4:24 pm

Joat42 wrote:
gcomeau wrote:And that's overall wages.

If you exclude executives and management the wages of the middle class are actually decreasing now after factoring in inflation... which Trump's idiot trade wars are driving up.

Actually, the graph doesn't include wages above 100k I think, under methodology they what wages are excluded from the graph.


According to the definitions tab in the source spreadsheet they include management in their overall data...

If you don't...

https://www.businessinsider.com/workers ... uts-2018-8

Real average hourly earnings (adjusted for inflation) for all employees on private nonfarm payrolls were totally unchanged in June from one year earlier.

Real average hourly earnings the approximately 80% of workers categorized as "production and nonsupervisory employees" edged 0.2% lower over the same period.
Top
Re: So much for the Dem blue wave
Post by C. O. Thompson   » Wed Aug 08, 2018 5:55 am

C. O. Thompson
Captain of the List

Posts: 655
Joined: Sun May 20, 2012 1:32 pm
Location: Thompson, CT USA

gcomeau wrote:And that's overall wages.

If you exclude executives and management the wages of the middle class are actually decreasing now after factoring in inflation... which Trump's idiot trade wars are driving up.

Actually, the graph doesn't include wages above 100k I think, under methodology they what wages are excluded from the graph.[/quote]

According to the definitions tab in the source spreadsheet they include management in their overall data...

If you don't...


https://www.businessinsider.com/workers ... uts-2018-8

Real average hourly earnings (adjusted for inflation) for all employees on private nonfarm payrolls were totally unchanged in June from one year earlier.

Real average hourly earnings the approximately 80% of workers categorized as "production and nonsupervisory employees" edged 0.2% lower over the same period.



The article you linked prompted something in my memory...

"The Trump tax cuts were pitched as a boon to US workers, with the administration arguing their benefits would trickle-down into rising wages. "

It looks like it really gave the cash rich companies more to buy back their own stock...
(My broker and I had a bit of discussion on why companies were hold such large cash reserves even before this broke.
Oh BTW smr becomes the sound of one hand clapping in the face of facts that might disturb their neat picture of the universe.


https://www.cnbc.com/2018/07/02/corpora ... float.html
Just my 2 ₡ worth
Top
Re: So much for the Dem blue wave
Post by smr   » Sat Aug 18, 2018 1:17 pm

smr
Rear Admiral

Posts: 1447
Joined: Tue Dec 06, 2011 6:18 pm

https://www.youtube.com/watch?v=OVogLdbfOfQ The fat lady has not sung yet!

C. O. Thompson wrote:
gcomeau wrote:And that's overall wages.

If you exclude executives and management the wages of the middle class are actually decreasing now after factoring in inflation... which Trump's idiot trade wars are driving up.

Actually, the graph doesn't include wages above 100k I think, under methodology they what wages are excluded from the graph.


According to the definitions tab in the source spreadsheet they include management in their overall data...

If you don't...


https://www.businessinsider.com/workers ... uts-2018-8

Real average hourly earnings (adjusted for inflation) for all employees on private nonfarm payrolls were totally unchanged in June from one year earlier.

Real average hourly earnings the approximately 80% of workers categorized as "production and nonsupervisory employees" edged 0.2% lower over the same period.



The article you linked prompted something in my memory...

"The Trump tax cuts were pitched as a boon to US workers, with the administration arguing their benefits would trickle-down into rising wages. "

It looks like it really gave the cash rich companies more to buy back their own stock...
(My broker and I had a bit of discussion on why companies were hold such large cash reserves even before this broke.
Oh BTW smr becomes the sound of one hand clapping in the face of facts that might disturb their neat picture of the universe.


https://www.cnbc.com/2018/07/02/corpora ... float.html[/quote]
Top
Re: So much for the Dem blue wave
Post by gcomeau   » Sun Aug 19, 2018 9:35 am

gcomeau
Admiral

Posts: 2325
Joined: Tue Dec 02, 2014 4:24 pm

smr wrote:https://www.youtube.com/watch?v=OVogLdbfOfQ The fat lady has not sung yet!


Why did you even post that?

Are you trying to make some kind of argument related to the topic we're discussing? If so, how about you just try making it?
Top
Re: So much for the Dem blue wave
Post by C. O. Thompson   » Sun Aug 19, 2018 12:41 pm

C. O. Thompson
Captain of the List

Posts: 655
Joined: Sun May 20, 2012 1:32 pm
Location: Thompson, CT USA

smr
Oct 7 strategy change... just after the collusion

There is plenty of evidence and it is no wonder that Trump and his supporters are trying to stop the investigation.

https://www.msnbc.com/rachel-maddow/wat ... 44?v=railb
Just my 2 ₡ worth
Top

Return to Politics