Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-02-2018, 10:17 AM
 
34,300 posts, read 15,668,712 times
Reputation: 13053

Advertisements

Quote:
Originally Posted by PCALMike View Post
"everybody"? Nothing in that article says that the typical wage adjusted for inflation is increasing. Inflation is at its fastest pace in a long time. And inequality continues to skyrocket.

Corporate media loves to talk about average wages not adjusted for inflation and inequality. What matters for Joe Sixpack is median wages adjusted for inflation.

Noticed is not one link to support your opinion.


That 2.9% Wage Growth Is 1% After Inflation.
Now people can say that is insignificant but the fact remains its moving in the right direction. When has that been done in the last 10 years ?

https://www.forbes.com/sites/erikshe...-1-since-2006/
Reply With Quote Quick reply to this message

 
Old 11-02-2018, 10:18 AM
 
14,221 posts, read 6,969,746 times
Reputation: 6059
Quote:
Originally Posted by Ponderosa View Post
Would that surprise you? Today, some solidly good economic news comes out and what is dear leader doing? Tweeting out racial hatred and division and fear and totally ignoring the economic reports. Blame him.
If MEDIAN wages ADJUSTED FOR INFLATION starts to skyrocket, its good news. Just more Wall Street growth portrayed as a "booming economy" is not good news. We have to look at the details, not what corporate media wants people to focus on.
Reply With Quote Quick reply to this message
 
Old 11-02-2018, 10:23 AM
 
34,300 posts, read 15,668,712 times
Reputation: 13053
Quote:
Originally Posted by PCALMike View Post
If MEDIAN wages ADJUSTED FOR INFLATION starts to skyrocket, its good news. Just more Wall Street growth portrayed as a "booming economy" is not good news. We have to look at the details, not what corporate media wants people to focus on.

If they just go in the right direction its good news. Accept that fact !!!


Anything that might skyrocket could throw things out of balance. Wage growth doesn't have to blast off to be positive news.
Reply With Quote Quick reply to this message
 
Old 11-02-2018, 10:24 AM
 
14,221 posts, read 6,969,746 times
Reputation: 6059
Quote:
Originally Posted by phma View Post

That 2.9% Wage Growth Is 1% After Inflation.
Now people can say that is insignificant but the fact remains its moving in the right direction. When has that been done in the last 10 years ?

https://www.forbes.com/sites/erikshe...-1-since-2006/
What? You are linking to a Forbes article that basically says the so-called "wage growth" is a joke because the media do not adjust for inflation and inequality. You are celebrating Wall Street wage growth. Median wages adjusted for inflation is essentially flat and has stagnated from the beginning of 2017 to the middle of 2018.
Reply With Quote Quick reply to this message
 
Old 11-02-2018, 10:28 AM
 
14,221 posts, read 6,969,746 times
Reputation: 6059
Quote:
Originally Posted by phma View Post
If they just go in the right direction its good news. Accept that fact !!!


Anything that might skyrocket could throw things out of balance. Wage growth doesn't have to blast off to be positive news.
No its not positive news. The typical worker hasnt seen a raise in 40 years adjusted for inflation, median wage growth under the so-called "lowest unemployment in 50 years because fake figures no longer exist" is truly awful. Median weekly wages growing from $345 to $350 in 9 years of economic growth? Then plummets yet again when the next recession hits soon?
Reply With Quote Quick reply to this message
 
Old 11-02-2018, 10:35 AM
 
34,300 posts, read 15,668,712 times
Reputation: 13053
Quote:
Originally Posted by PCALMike View Post
No its not positive news. The typical worker hasnt seen a raise in 40 years adjusted for inflation, median wage growth under the so-called "lowest unemployment in 50 years because fake figures no longer exist" is truly awful. Median weekly wages growing from $345 to $350 in 9 years of economic growth? Then plummets yet again when the next recession hits soon?

Apparently the positive news is the negative outlook and wages going the opposite direction according to your comment.

That's the sales pitch !!! Not a buyer here. Good luck with that.
Reply With Quote Quick reply to this message
 
Old 11-02-2018, 10:39 AM
 
Location: Kansas City, MISSOURI
20,872 posts, read 9,554,916 times
Reputation: 15598
Quote:
Originally Posted by phma View Post
I didn't even bother to read your question.
Of course you did, because they've been staring you in the face, multiple times. You even quoted my question in your replies. You just didn't want to actually answer it, because you can't without destroying your ideological position. So now you're making the excuse that you didn't even read it, to hide the fact that you can't answer it.

Quote:
I've considered them in the past and they have shown no improvement or relevance to today.
When I have time and absolutely nothing else to do I'll go back and take a look.
Uh huh, right. And once again, you're avoiding references to past time frames, because it's ideologically inconvenient for you to do so.

It would be like saying, "Wow, look how sunny it is outside today! It must be because of Trump and the republicans!" When somebody points out that it was sunny on many days when democrats were in power, you would make the excuse, "That doesn't matter, it only matters that it's sunny right now while Trump is president." Intellectually dishonest, to say the least.
Reply With Quote Quick reply to this message
 
Old 11-02-2018, 10:44 AM
 
Location: NC
5,129 posts, read 2,600,070 times
Reputation: 2398
Quote:
Originally Posted by PCALMike View Post
No its not positive news. The typical worker hasnt seen a raise in 40 years adjusted for inflation, median wage growth under the so-called "lowest unemployment in 50 years because fake figures no longer exist" is truly awful. Median weekly wages growing from $345 to $350 in 9 years of economic growth? Then plummets yet again when the next recession hits soon?

of course it is positive news.

It IS the lowest unemployment in multiple decades....you don't get to change the metrics just because you don't like who is President. The data will set you free.

There are plenty of opportunities to educate yourself out of the Joe SixPack bracket if one is motivated to do so.

Keep being the negative Nancy you are if it makes you feel better about yourself.
Its a beautiful day in my( and many others) neighborhood.
Reply With Quote Quick reply to this message
 
Old 11-02-2018, 11:15 AM
 
Location: Sonoran Desert
39,081 posts, read 51,259,863 times
Reputation: 28330
Quote:
Originally Posted by PCALMike View Post
If MEDIAN wages ADJUSTED FOR INFLATION starts to skyrocket, its good news. Just more Wall Street growth portrayed as a "booming economy" is not good news. We have to look at the details, not what corporate media wants people to focus on.
That is not the point. The remarkable thing here is that Trump ignores economic news like came out today to take another violence-provoking, racist shot at a bunch of poor farmers and their families hoping to get asylum in the US.
Reply With Quote Quick reply to this message
 
Old 11-02-2018, 11:20 AM
 
34,300 posts, read 15,668,712 times
Reputation: 13053
Quote:
Originally Posted by Ponderosa View Post
That is not the point. The remarkable thing here is that Trump ignores economic news like came out today to take another violence-provoking, racist shot at a bunch of poor farmers and their families hoping to get asylum in the US.

National security is racist is the claim ?

If that doesn't marginalize racism nothing will. Go for it !!!
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 09:22 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top