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Not a Democrat, nor am I a happy middle-classer seeing a bloodpath on Wall Steer.
The "war on middle class" is Russian troll factory line.
How is the weather in Moscow anyway? Nippy?
Poor dear. All you have left is ad hominem fallacy. The stock market is far far far far higher than it ever was under Obama disastrous policies of globalization, selling out to the global elite, and war on the middle class.
I'm in North Carolina. A battle ground state that voted for Trump. The weather is glorious here for February.
The stock market is far far far far higher than it ever was under Obama disastrous policies of globalization, selling out to the global elite, and war on the middle class.
If 300% increase it disastrous, then I'm in for more disasters
Depends. Higher interest rates benefit some folks. It will certainly benefit me if we see higher interest rates. My mortgage will be a smaller and smaller portion of my income with higher interest rates. Not so good if you are someone without a mortgage though.
Not a coincidence that it didn’t rise in the previous eight years under...we all know who.
You don't know what the heck you're talking about. Try doing some research.
Indeed as the linked article makes clear rising wages are due to a labor market that is tightening, something that has been going on since the last two years of the previous administration.
In case you've forgotten your Economics 101 course from college (or never bothered) it is simply nothing more than supply and demand. The salad days created by USA/worldwide fiscal meltdown where high numbers of unemployed allowed employers to pick and choose has largely come to an end, and has been doing so for again about a year or more.
Previously employers tried all sorts of tricks such as using temporary or contracted employees to massage wage costs. But the ranks of those pools are shrinking as people with necessary skills that were unemployed have found permanent work.
Yes, recent tax "reform" and some other measures put in place recently are massaging the numbers, it cannot be denied that the polices of the Obama administration lead to or at least did not hamper a robust economic recovery. His Orangeness and the GOP are benefitting from that lead, and so far haven't done anything (yet) to derail the trend.
Not a coincidence that it didn’t rise in the previous eight years under...we all know who.
Uh, actually they did. From this article here you might want to check this graphic here. Wage growth bottomed out in 2010 and started rising gradually. In early 2013 the pace picked up a wee bit, and again in late 2015 the pace picked up a wee bit. None of these rises - including the one announced today - are anything you'd call blockbuster, but at least they're rises.
Depends. Higher interest rates benefit some folks. It will certainly benefit me if we see higher interest rates. My mortgage will be a smaller and smaller portion of my income with higher interest rates. Not so good if you are someone without a mortgage though.
How does a higher interest rate have anything to do with your mortgage? How does higher interest rates hurt people without a mortgage?
You don't know what the heck you're talking about. Try doing some research.
Indeed as the linked article makes clear rising wages are due to a labor market that is tightening, something that has been going on since the last two years of the previous administration.
In case you've forgotten your Economics 101 course from college (or never bothered) it is simply nothing more than supply and demand. The salad days created by USA/worldwide fiscal meltdown where high numbers of unemployed allowed employers to pick and choose has largely come to an end, and has been doing so for again about a year or more.
Previously employers tried all sorts of tricks such as using temporary or contracted employees to massage wage costs. But the ranks of those pools are shrinking as people with necessary skills that were unemployed have found permanent work.
Yes, recent tax "reform" and some other measures put in place recently are massaging the numbers, it cannot be denied that the polices of the Obama administration lead to or at least did not hamper a robust economic recovery. His Orangeness and the GOP are benefitting from that lead, and so far haven't done anything (yet) to derail the trend.
What recovery? A much larger amount of people on welfare today compared to the much lower numbers before the crash isn't a recovery.
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