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Old 08-17-2018, 09:23 AM
 
10,513 posts, read 5,161,497 times
Reputation: 14056

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CEO pay up +17.6% to $18.9 million on average (source)
Average worker wages up +2.7% (all eaten up by inflation at 2.9%)
Real wages for workers are flat to negative at -0.2%. (source)

Trickle down isn't trickling down. Trump's base got fooled again.

Trumponomics. It's the Uncle Scrooge McDuck economy. "A million for me, a dollar for you."

https://78.media.tumblr.com/adcf21fe...co2_r1_250.gif
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Old 08-17-2018, 09:24 AM
 
Location: Central Mexico and Central Florida
7,150 posts, read 4,900,681 times
Reputation: 10444
Winning!!!
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Old 08-17-2018, 09:25 AM
 
Location: Salisbury,NC
16,761 posts, read 8,208,674 times
Reputation: 8537
Quote:
Originally Posted by Elliott_CA View Post
CEO pay up +17.6% to $18.9 million on average (source)
Average worker wages up +2.7% (all eaten up by inflation at 2.9%)
Real wages for workers are flat to negative at -0.2%. (source)

Trickle down isn't trickling down. Trump's base got fooled again.

Trumponomics. It's the Uncle Scrooge McDuck economy. "A million for me, a dollar for you."

https://78.media.tumblr.com/adcf21fe...co2_r1_250.gif
Yes and the inflation is hurting those on fixed retirement more then anyone else.
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Old 08-17-2018, 09:28 AM
 
34,300 posts, read 15,640,522 times
Reputation: 13053
The truth was released today and it it looks like you missed it again OP !!!

https://www.wsj.com/articles/youth-u...low-1534455755

Youth unemployment at its lowest level in 52 years. That is significant to American families.

Walmart reports, its largest market, grew 4.5 per cent in the second quarter compared with last year, almost twice as fast as analysts forecast.

Walmart ( where you can smell the Trump supporters ) Largest retail company in the world flexes online muscle with best sales leap in decade. People are spending money because they have more of it.


https://www.thetimes.co.uk/article/w...cade-36kzb52qp

Last edited by phma; 08-17-2018 at 09:40 AM..
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Old 08-17-2018, 09:31 AM
 
27,307 posts, read 16,212,564 times
Reputation: 12102
Quote:
Originally Posted by Elliott_CA View Post
CEO pay up +17.6% to $18.9 million on average (source)
Average worker wages up +2.7% (all eaten up by inflation at 2.9%)
Real wages for workers are flat to negative at -0.2%. (source)

Trickle down isn't trickling down. Trump's base got fooled again.

Trumponomics. It's the Uncle Scrooge McDuck economy. "A million for me, a dollar for you."

https://78.media.tumblr.com/adcf21fe...co2_r1_250.gif
My pay wasn’t cut. But it’s a Bloomberg article.
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Old 08-17-2018, 09:31 AM
 
14,221 posts, read 6,955,379 times
Reputation: 6059
A sucker is born every minute. More tax breaks for the ruling class and cuts to support for the disabled, the elderly and the sick is not the solution.

Unemployment dropped like a stone under Obama as well. It means nothing when jobs are paying crap and the majority of the population has been seeing wage stagnation for decades.
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Old 08-17-2018, 09:32 AM
 
9,254 posts, read 3,582,768 times
Reputation: 4852
Quote:
Originally Posted by phma View Post
The truth was released today and it it looks like you missed it again OP !!!

Youth unemployment at its lowest level in 52 years. That is significant to American families.
Real wages declining for the middle and lower class is bad, no matter what the unemployment rate.

Increase to the Gini Coefficient is bad, no matter what the unemployment rate.
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Old 08-17-2018, 09:32 AM
 
45,676 posts, read 23,994,029 times
Reputation: 15559
Quote:
Originally Posted by phma View Post
The truth was released today and it it looks like you missed it again OP !!!

Youth unemployment at its lowest level in 52 years. That is significant to American families.


Job Growth has been steady for 8 years now. No big surges -- just slow and steady. There has been no big shift -- just a gradual drop in the unemployment rate...well there was a big dip under the Obama administration but that was coincidental right.
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Old 08-17-2018, 09:33 AM
 
Location: Washington, DC
4,320 posts, read 5,135,000 times
Reputation: 8277
Quote:
Originally Posted by phma View Post
The truth was released today and it it looks like you missed it again OP !!!

Youth unemployment at its lowest level in 52 years. That is significant to American families.
Pfft, maybe they are working because their families are in worse shape and they need to earn money for college, etc. Worse shape as evidenced by the OP's damning numbers.

Will never understand why average Muricans prioritize the earnings of corporate executives above their own needs. Trickle-down has been proven BS decade after decade.
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Old 08-17-2018, 09:33 AM
 
Location: Phoenix
30,355 posts, read 19,128,594 times
Reputation: 26230
Quote:
Originally Posted by Elliott_CA View Post
CEO pay up +17.6% to $18.9 million on average (source)
Average worker wages up +2.7% (all eaten up by inflation at 2.9%)
Real wages for workers are flat to negative at -0.2%. (source)

Trickle down isn't trickling down. Trump's base got fooled again.

Trumponomics. It's the Uncle Scrooge McDuck economy. "A million for me, a dollar for you."

https://78.media.tumblr.com/adcf21fe...co2_r1_250.gif
Sources are Donald Duck and bloomberg
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