wages up 3.2% year over year

[Jim in CT]

that’s not a bad number, folks. biggest jump since 2009, not bad considering all the tax break wentnto stock buybacks and dividends and to help the Koch brothers purchase orphanages and evict the orphans. great economic news with the job gains. i know, i know, hitler also helped the german economy...

[Got Stripers]

Go try to live on minimum wage, 3.2% of near nothing is still next to nothing.
Posted from my iPhone/Mobile device

[Jim in CT]

i didn’t say that wal-mart greeters could
now buy houses on nantucket. But it’s the biggest increase in 10 years.
Posted from my iPhone/Mobile device

[Ian]

So what you’re saying is that Obama actually caused a larger increase in the job market? Good to know, not often you give him that kind of credit!
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by Ian

So what you’re saying is that Obama actually caused a larger increase in the job market? Good to know, not often you give him that kind of credit!
Posted from my iPhone/Mobile device

iobama helped his economy’s stock market and unemployment ( i don’t think a potus always ‘causes’ such things, but they can influence them), by a greater degree than Trump did, sure. i give obama credit for that all the time, so try to be accurate if possible please.

obama
obviously helped unemployment and the stock market. trump is continuing to do so, and unlike obama, trump also cut taxes for the vast majority of us, increasing our net take home pay by far more than Obama ever did. that’s also true.
Posted from my iPhone/Mobile device

[wdmso]

Not my wage .. does this count states who have raised the min wage and it's not going up for federal
Workers

June 2018 Median Household Income. According to Sentier Research, the median household income in the United States rose from $61,858 in May 2018 to $62,175 in June 2018, an increase of 0.5% over the previous month.Aug 1, 2.018

317 dollars does not look that glamorous once you see the real number rater then a % but still better than going backwards

[Jim in CT]

Originally Posted by wdmso

Not my wage .. does this count states who have raised the min wage and it's not going up for federal
Workers

June 2018 Median Household Income. According to Sentier Research, the median household income in the United States rose from $61,858 in May 2018 to $62,175 in June 2018, an increase of 0.5% over the previous month.Aug 1, 2.018

317 dollars does not look that glamorous once you see the real number rater then a % but still better than going backwards

“not my wage.”

do you know what an average is?

i posted year over year results, which was an increase of 3.2%, the biggest bump
since 2009. if that’s such a pathetic increase, i wonder why the previous administration didn’t routinely do better.

biggest increase in 10 years, but it can’t be good news, because you don’t like trump.
Posted from my iPhone/Mobile device

[wdmso]

Originally Posted by Jim in CT

“not my wage.”

do you know what an average is?

i posted year over year results, which was an increase of 3.2%, the biggest bump
since 2009. if that’s such a pathetic increase, i wonder why the previous administration didn’t routinely do better.

biggest increase in 10 years, but it can’t be good news, because you don’t like trump.
Posted from my iPhone/Mobile device

again its a big picture thing ... only one pom pom waving for Trump is you seen alone it looks fantastic....

but add in inflation as mentioned the cost of borrowing , the price of housing , health insurance .. and how long it hasn't gone up significantly.. its trending in a positive direction .. its not game over Trumps fixed America thats all i am saying

[Nebe]

What is the inflation rate? If you account for inflation and subtract that from the average wage increase you will find that you might be quite humbled Jim.
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by Nebe

What is the inflation rate? If you account for inflation and subtract that from the average wage increase you will find that you might be quite humbled Jim.
Posted from my iPhone/Mobile device

probably not as high as 3.2%.

nebe, i’m not saying this ends poverty. i’m saying it was the highest annual growth in ten years. i’m truly sorry if it bothers you that it happened under trumps watch. but if you can’t celebrate good economic news unless you happen to like the current potus, that’s your problem. this is good news.
Posted from my iPhone/Mobile device

[spence]

Originally Posted by Nebe

What is the inflation rate? If you account for inflation and subtract that from the average wage increase you will find that you might be quite humbled Jim.
Posted from my iPhone/Mobile device

As usual, Nebe is right. Adjusted for inflation wage growth the last 40 years has been pretty flat. At the same time wealth inequality has continued to deepen and the new tax laws are just going to make things worse for the bottom half.
Posted from my iPhone/Mobile device

[Nebe]

Originally Posted by spence

As usual, Nebe is right. Adjusted for inflation wage growth the last 40 years has been pretty flat. At the same time wealth inequality has continued to deepen and the new tax laws are just going to make things worse for the bottom half.
Posted from my iPhone/Mobile device

The rich keep on getting richer and the poor keep in getting poorer. However, the GOP is doing an excellent job with the distraction game by making the poor think that the greatest threat to them is those less fortunate than themselves or people who hold different beliefs.
What you won’t hear is the GOP saying that the rich continue to pull the rug out from under the people in this country that are just getting by. The stupid wall could be abandoned and that money could be used to feed the homeless or fund public education.
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by Nebe

The rich keep on getting richer and the poor keep in getting poorer. However, the GOP is doing an excellent job with the distraction game by making the poor think that the greatest threat to them is those less fortunate than themselves or people who hold different beliefs.
What you won’t hear is the GOP saying that the rich continue to pull the rug out from under the people in this country that are just getting by. The stupid wall could be abandoned and that money could be used to feed the homeless or fund public education.
Posted from my iPhone/Mobile device

"The rich keep on getting richer"

How would you stop that? Would you pass a law saying that people can't add to their net worth after some point?

The wealthy have more disposable income to invest. So when the economy grows, they benefit more. That's just the math. How would you stop that?

"he GOP is doing an excellent job with the distraction game by making the poor think that the greatest threat to them is those less fortunate than themselves or people who hold different beliefs. "

Who in God's name is saying that?

[Nebe]

Originally Posted by Jim in CT

"The rich keep on getting richer"

How would you stop that? Would you pass a law saying that people can't add to their net worth after some point?

The wealthy have more disposable income to invest. So when the economy grows, they benefit more. That's just the math. How would you stop that?

"he GOP is doing an excellent job with the distraction game by making the poor think that the greatest threat to them is those less fortunate than themselves or people who hold different beliefs. "

Who in God's name is saying that?

Think hard Jim. You can do it. Bad hombres.

I’d heavily tax incomes over 1 million $ per year and impose a CEO pay rate cap. This would force reinvestment and higher payrolls.
Posted from my iPhone/Mobile device

[PaulS]

I can't recall anyone ever posting positive monthly statistics like this for Obama. LOL
Posted from my iPhone/Mobile device

[wdmso]

Originally Posted by PaulS

I can't recall anyone ever posting positive monthly statistics like this for Obama. LOL
Posted from my iPhone/Mobile device

they were fake back then

[Jim in CT]

Originally Posted by PaulS

I can't recall anyone ever posting positive monthly statistics like this for Obama. LOL
Posted from my iPhone/Mobile device

first, the wage growth i posted was annual, not
monthly. second, for the millionth time, i give obama credit for helping get us out the mess he inherited.
Posted from my iPhone/Mobile device

[Sea Dangles]

Originally Posted by Jim in CT

first, the wage growth i posted was annual, not
monthly. second, for the millionth time, i give obama credit for helping get us out the mess he inherited.
Posted from my iPhone/Mobile device

Take a break Jim. These folks are incapable of seeing clearly so long as Trump steers the ship. Switch the names and take away party affiliations and then credit will be due. Only then. Very troubling to see but that is what it has become.
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by Sea Dangles

Take a break Jim. These folks are incapable of seeing clearly so long as Trump steers the ship. Switch the names and take away party affiliations and then credit will be due. Only then. Very troubling to see but that is what it has become.
Posted from my iPhone/Mobile device

You're right, it's probably a waste. They are totally, and I mean totally, blinded by hatred of Trump, it's all they see. You are spot on. It's not how you solve problems, we need to be able to admit what worked and what didn't, to evaluate all of the empirical evidence, not just that which supports our ideology.

[Sea Dangles]

Unfortunately they take their cue from patriots such as LizWarren and Hillary.🤡
Posted from my iPhone/Mobile device

[PaulS]

Mr. Irrelevant
Posted from my iPhone/Mobile device

[PaulS]

Studies have shown that the highest marginal tax rate should be between 70 and 80% as this would still provide the rich with incentives to earn more and bring in more Revenue
Posted from my iPhone/Mobile device

[Pete F.]

Historically growth in gdp since 1930 has been 4% higher when we had the highest tax brackets, but I’m not claiming high taxes cause economic growth. But it does spike the canon that high taxes reduce growth
Posted from my iPhone/Mobile device

[detbuch]

Originally Posted by Pete F.

Historically growth in gdp since 1930 has been 4% higher when we had the highest tax brackets, but I’m not claiming high taxes cause economic growth. But it does spike the canon that high taxes reduce growth
Posted from my iPhone/Mobile device

The highest tax brackets for most of that era had so many loopholes that those rich folks usually paid much less in taxes than they do now. In many cases, those rich folks paid close to zero in taxes due to the loopholes.

[Pete F.]

Originally Posted by detbuch

The highest tax brackets for most of that era had so many loopholes that those rich folks usually paid much less in taxes than they do now. In many cases, those rich folks paid close to zero in taxes due to the loopholes.

More of that slick con artist verbiage from you.
Posted from my iPhone/Mobile device

[detbuch]

Originally Posted by Pete F.

More of that slick con artist verbiage from you.
Posted from my iPhone/Mobile device

If the truth is slick con artist, I accept.

[Jim in CT]

Originally Posted by Pete F.

Historically growth in gdp since 1930 has been 4% higher when we had the highest tax brackets, but I’m not claiming high taxes cause economic growth. But it does spike the canon that high taxes reduce growth
Posted from my iPhone/Mobile device

Detbuch is right, what matters is the rates people effectively paid, not the gross rate before loopholes.