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  1. #1
    Steward

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    Default Happy New Year, Sure, But Why Arenít Wages Soaring? by FRANK STRICKER

    https://www.counterpunch.org/2017/12...wages-soaring/


    The official unemployment rate is 4.1%. Thatís full employment for mainstream economists. Weíd expect to see wages on a long upward path, as employers compete for new hires. But average pay rises one month and falls the next. You may read that it increased 2%+ in the last twelve months, but after inflation is accounted for, much of the increase disappears. Higher minimum wage laws have helped in some places, but for the nation as a whole wages are not on the up-escalator.

    President Trump tells us he is fixing everything. But from the inauguration through November, the average real hourly wage of a rank-and-file employee increased half a percent. If she was earning $20.00 an hour in January, sheís earning $20.10 today. And the long-term trend is truly depressing. Real pay today is about where it was in 1972-1973. The U.S. added tons of new income and wealth, but not much filtered down.

  2. #2
    Scab Hating Union Thug

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    Default Re: Happy New Year, Sure, But Why Arenít Wages Soaring? by FRANK STRICKER

    Increased wealth added and not much trickled down? Imagine that?

    Sent from my SM-J327T using Tapatalk

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  4. #3
    Taking A Stand!!!

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    Default Re: Happy New Year, Sure, But Why Arenít Wages Soaring? by FRANK STRICKER

    Quote Originally Posted by 222lifer View Post
    Increased wealth added and not much trickled down? Imagine that?

    Sent from my SM-J327T using Tapatalk
    And it is not going to. Too much greed in place.

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  6. #4
    I Am Rocking Now

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    Default Re: Happy New Year, Sure, But Why Arenít Wages Soaring? by FRANK STRICKER

    Lets see,out of the four youngest of my kids one got a 6%,he is in retail management and got the highest raise possible according to company guide lines,my daughter got a 3% annual and a 10% for a promotion,my youngest got a 4% but gave back 3% of it to switch to the day shift and my welder son just says he is doing well.. How much was trickle down?? Not sure but my welder son got a $2500 Christmas bonus as the company he works for had a very good year and he is a big part of it..

  7. #5
    Scab Hating Union Thug

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    Default Re: Happy New Year, Sure, But Why Arenít Wages Soaring? by FRANK STRICKER

    Wage stagnation is real. It's documented. It's an absolute slap in the face to the workers as the wage gap widens. Disparity of epic proportions.

    Sent from my SM-J327T using Tapatalk

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  9. #6
    I Am Rocking Now

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    Default Re: Happy New Year, Sure, But Why Arenít Wages Soaring? by FRANK STRICKER

    Quote Originally Posted by 222lifer View Post
    Increased wealth added and not much trickled down? Imagine that?

    Sent from my SM-J327T using Tapatalk
    hmm let me see, it's been 5 minuets wait a few

    you waited 8yrs for obama and he only gave you 2% growth the lowest ever and you were happy then.

  10. #7
    Scab Hating Union Thug

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    Default Re: Happy New Year, Sure, But Why Arenít Wages Soaring? by FRANK STRICKER

    Quote Originally Posted by strapdrager View Post
    hmm let me see, it's been 5 minuets wait a few

    you waited 8yrs for obama and he only gave you 2% growth the lowest ever and you were happy then.
    We gave the past attempts of trickle down economics the thumbs down for a reason. Those at the bottom don't see a change. Those at the top of that scheme sure did. They were able to sucker just enough voters to believe that sales pitch one more time.

    Let's see, we just climbed out of a horrible recession. Obama was handed the reins when the economy was on it's :(:(:(. Growth was slow but it did grow and the economy improved despite all the road blocks the previous administration had to navigate. Only a complete moron would not understand that the economy was gaining a big head of steam coming into the administration change. Only a complete moron would take sole credit for the economy now.



    Sent from my SM-J327T using Tapatalk

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  12. #8
    I Am Rocking Now

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    Default Re: Happy New Year, Sure, But Why Arenít Wages Soaring? by FRANK STRICKER

    Spent more more than all the presidents combined, not a word about deficits. Gave all the money to banks. You all got absolutely nothing.

  13. #9
    Scab Hating Union Thug

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    Default Re: Happy New Year, Sure, But Why Arenít Wages Soaring? by FRANK STRICKER

    Quote Originally Posted by strapdrager View Post
    Spent more more than all the presidents combined, not a word about deficits. Gave all the money to banks. You all got absolutely nothing.
    Did you reside in a different country for the past 9 years?

    Sent from my SM-J327T using Tapatalk

  14. #10
    I Am Rocking Now

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    Default Re: Happy New Year, Sure, But Why Arenít Wages Soaring? by FRANK STRICKER

    Quote Originally Posted by 222lifer View Post
    Did you reside in a different country for the past 9 years?

    Sent from my SM-J327T using Tapatalk
    Why? How big was your check.

    Go on tell us how it was trickle down policy

    He also gave away a couple of trillion to foreign banks too.

 

 
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