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Tech and Bank stocks just keep on climbing, despite the housing market slowing. Hmmm.
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is there any kind of way
a president can suspend the constitution????
Why do you think Trump can make supply side economics work when history has proven it doesn’t? Like I mentioned before GDP is up, unemployment is down, stockmarket is doing amazing but none of that is translating into higher pay via their employers. Although stock buybacks are through the roof. How strong is the economy if working class people (the people Trump claims to be the voice of) aren’t being paid more.
is there any kind of way
a president can suspend the constitution????
I think we are seeing a number of things occurring simultaneously that impact wage growth ... This isn't atypical, but I do think it's magnified right now due to the rhetoric and circumstances ...
Senior employees are leaving the workforce and being replaced by junior employees or automation ... I have personally utilized blockchain and bots to reduce resource usage aka people ... My staff of about 75 today was once over 100, with many vacant positions reverted outright or automated ... The tenure of my folks has gone from mid 50s to high 40s in 2 years ... People making over 150k are now making 90k because of less experience and skill ...
Wage growth that incorporates gross salary would show less rather than more in this environment ... The average salary of my 75 people today is less than the 100 people of yesterday ... From a raise perspective, my staff received 7.8% in February, on average ...
We utilize Gallup to measure engagement ... 10 years ago we were very engaged and it dipped during the recession, with a valley in 2016 ... The last quarter we saw it increase more than it ever has ... People are happy ... But that's just my experience ...
which would take away all our rightsDeclare martial law? It’s happened in other countries but I don’t know if the US has a provision for that
Any honest economist would tell you that we needed higher inflation ... Any labor economist will tell you wages lag inflation ... Given there are More alternatives than ever, I am not surprised that wages are flat ...Seems that people in the industries Trump capes for aren’t experiencing the same growth you and your staff are.
https://www.google.com/amp/s/www.wa...workers-wages-arent-just-flat-theyre-falling/
For the biggest group of American workers, wages aren’t just flat. They’re falling.
By Jeff Stein, Andrew Van Dam
June 15, 2018 at 2:02 PM
President Trump has touted a strong economy, but one measure shows the value of wages has decreased for most American workers. (Jeff Swensen/Getty Images)
The average hourly wage paid to a key group of American workers has fallen from last year when accounting for inflation, as an economy that appears strong by several measures continues to fail to create bigger paychecks, the federal government said Tuesday.
For workers in “production and nonsupervisory” positions, the value of the average paycheck has declined in the past year. For those workers, average “real wages” — a measure of pay that takes inflation into account — fell from $22.62 in May 2017 to $22.59 in May 2018, the Bureau of Labor Statistics said.
This pool of workers includes those in manufacturing and construction jobs, as well as all “nonsupervisory” workers in service industries such health care or fast food. The group accounts for about four-fifths of the privately employed workers in America, according to BLS.
Any honest economist would tell you that we needed higher inflation ... Any labor economist will tell you wages lag inflation ... Given there are More alternatives than ever, I am not surprised that wages are flat ...
I'm not rich by any means and my household has benefited ...So besides the already rich, and big business who benefits from these expensive tax plans
I'm not rich by any means and my household has benefited ...
I do find it interesting that the knock on the tax plans is that they are expensive ... Considering we doubled our debt over the last decade doing whatever it was we were doing ...
Small government is really just a buzzword for cutting off assistance to poor to lower middle class workers on programs like healthcare, abortion, welfare, and educational resources, but getting into that detail would lose the vote.There is no such thing as small government. Either we live under the leviathan or we do not. If the state is willing to put people in a cage or kill them for stealing bread to feed their family, we live under a powerful state.
I'm not rich by any means and my household has benefited ...
I do find it interesting that the knock on the tax plans is that they are expensive ... Considering we doubled our debt over the last decade doing whatever it was we were doing ...
The tax cuts that were passed are essentially the Bush tax cuts with some minor modifications. And we all know what happened as a result in the long run.The knock on the tax plan isn’t that it’s expensive. The knock is that it was sold as something worth the cost because “if we let big business keep more money, they’ll pay their employees more money”. The knock is that we went with and expensive approach that historically doesn’t work.
I agree that Trump is more center than Republican right ... I do not agree with deficit spending but I dont think we are ready to press reset yet ... We have a deficit doom coming that might not take place in our lifetime but it will be a disaster ... At some point we need a staunch conservative president and Congress to reverse the tide ...problem was that it was a republican talking point all throughout Obama's presidency.
well well well, you see a problem, but think a budget hawk will reverse the deficit. Might as well just hope the US will purge most of it's spending on military with that line of thinking.I agree that Trump is more center than Republican right ... I do not agree with deficit spending but I dont think we are ready to press reset yet ... We have a deficit doom coming that might not take place in our lifetime but it will be a disaster ... At some point we need a staunch conservative president and Congress to reverse the tide ...
Small government is really just a buzzword for cutting off assistance to poor to lower middle class workers on programs like abortion, welfare, and educational resources, but getting into that detail would lose the vote.
except that only surplus in our lifetimes came under a Democratic president.I agree that Trump is more center than Republican right ... I do not agree with deficit spending but I dont think we are ready to press reset yet ... We have a deficit doom coming that might not take place in our lifetime but it will be a disaster ... At some point we need a staunch conservative president and Congress to reverse the tide ...