Wages and salaries jump by 3.1%, highest level in a decade

RoyBacon · 11-01-18, 05:02 PM

Originally posted by Optional

I think the upward pressure on minimum wage levels, especially some big corporates getting behind it this year, is a contributing factor.

Trickle down does not work.

Pushing the money up from below through increased consumption benefits all.

Guys, it IS working.

You want to go back to 0% wage growth?? Why?

Taxes were eliminated for the working poor as part of the tax cut. That's a lot more efficient than cutting checks. And yes, it is pumping up the economy.

In fact, most are worried we are growing too fast. The trade situation provides a tiny slow down. We need to keep doing what we are doing which is grow as fast as we can without overheating.

vitterd · 11-01-18, 05:10 PM

Originally posted by The Kraken

3%

CEO’s have seen a nearly 1000% jump in salary

Way to go Trump! Someone pulling in $50,000/year is now pulling in $51,500

or $125/month and $31/week

KILLING IT

American voters being persuaded by $60/paycheck

Lousy

Yep...crumbs. It amazes that people can be fooled by this latest tax cut for the rich.

RoyBacon · 11-01-18, 06:59 PM

Originally posted by vitterd

Yep...crumbs. It amazes that people can be fooled by this latest tax cut for the rich.

Your taxes went down?

Sanity Check · 11-01-18, 09:06 PM

"Tax cuts for the rich" refer to Trump's corporate tax cuts.

They fail to understand those corporate tax cuts make the united states a more attractive region for investment--in comparison to foreign nations. The were designed to make ameirca more competitive from a business perspective.

Previous to Trump's cuts, the USA had the highest corporate tax rates in the world which repelled foreign investors.

Basic breakdown 101.

The Kraken · 11-01-18, 09:10 PM

Originally posted by Sanity Check

"Tax cuts for the rich" refer to Trump's corporate tax cuts.

They fail to understand those corporate tax cuts make the united states a more attractive region for investment--in comparison to foreign nations. The were designed to make ameirca more competitive from a business perspective.

Previous to Trump's cuts, the USA had the highest corporate tax rates in the world which repelled foreign investors.

Basic breakdown 101.

At the expense of working people. Both sides of the equation can’t maximize profit and it’s clear to everyone (even Roy and the right) which side is maximizing their potential. It’s ceo’s and corporations.

The argument is that at least there are more jobs available making a dismal 3% more...

The amazing thing to me is that everyone in this thread is on the same side of the equation, there are no 1%’ers here, yet ya’ll are fighting their fight for them at your own expense. Baffles me

Sanity Check · 11-01-18, 09:27 PM

Originally posted by The Kraken

At the expense of working people. Both sides of the equation can’t maximize profit and it’s clear to everyone (even Roy and the right) which side is maximizing their potential. It’s ceo’s and corporations.

The argument is that at least there are more jobs available making a dismal 3% more...

The amazing thing to me is that everyone in this thread is on the same side of the equation, there are no 1%’ers here, yet ya’ll are fighting their fight for them at your own expense. Baffles me

The reason america has freedom, rights and wealth is due to large corporations like the googles, apples, amazons, microsofts, teslas, space x's being here.

Canada, mexico, china and practically every nation on earth imposes severe and unfair tariffs against the USA as a form of protectionism to support their own local economies.

Wealth or success aren't issues, here. The problem is how money is distributed with CEO's and executives receiving an unfair slice.

This is a prime example of the government creating problems. Then blaming the private sector to push a socialist agenda. Problems the average american worker has can be traced back to the gov. Extremely high taxes which in turn make it difficult for employers to raise wages. Bad regulations and policies which excessively raise the cost of rent and real estate. You can't blame "corporations" for those problems, those are created by the government.

Have you ever noticed how americans can't bet on pinnacle and many other books? That's because of the government. They make it illegal under "regulation". They create many of the problems which give americans fewer options in life by making laws that are unnecessarily unfair, restrictive and plain stupid.

The media never calls the government on these issues. They only blame corporations and the private sector.

guitarjosh · 11-01-18, 09:29 PM

Originally posted by The Kraken

At the expense of working people. Both sides of the equation can’t maximize profit and it’s clear to everyone (even Roy and the right) which side is maximizing their potential. It’s ceo’s and corporations.

The argument is that at least there are more jobs available making a dismal 3% more...

The amazing thing to me is that everyone in this thread is on the same side of the equation, there are no 1%’ers here, yet ya’ll are fighting their fight for them at your own expense. Baffles me

Not at all, you've seen all those jobs leave USA for years for China and Mexico, and their workers have seen a much better standard of living increase over the past few decades than our workers.

RoyBacon · 11-02-18, 06:20 AM

Originally posted by The Kraken

At the expense of working people. Both sides of the equation can’t maximize profit and it’s clear to everyone (even Roy and the right) which side is maximizing their potential. It’s ceo’s and corporations.

The argument is that at least there are more jobs available making a dismal 3% more...

The amazing thing to me is that everyone in this thread is on the same side of the equation, there are no 1%’ers here, yet ya’ll are fighting their fight for them at your own expense. Baffles me

This is interesting.

You would rather have 0% growth, millions of working poor paying taxes and zero wage growth if it means CEO pay and businesses are hurt.

I've heard this from other far left'ers here.

When Hillary said 1-2% growth was as good as it gets I thought she misspoke. Now that taxes are cut and the economy is rocking at 4% the left is even more unhappy because corp profits and executive pay is also up.

Socialist economic justice is more important to you than wage growth for the working class and prosperity for the country. That's really why you guys keep losing. The working class is tired of not getting a raise.

BOA12 · 11-02-18, 07:47 AM

Originally posted by RoyBacon

This is interesting.

You would rather have 0% growth, millions of working poor paying taxes and zero wage growth if it means CEO pay and businesses are hurt.

I've heard this from other far left'ers here.

When Hillary said 1-2% growth was as good as it gets I thought she misspoke. Now that taxes are cut and the economy is rocking at 4% the left is even more unhappy because corp profits and executive pay is also up.

Socialist economic justice is more important to you than wage growth for the working class and prosperity for the country. That's really why you guys keep losing. The working class is tired of not getting a raise.

Profits trump People leads to Radical Change

, getting old and tiresome. Any way you slice it, saying the same thing

. History can only repeat itself by with a false narrative pushed as truth and FEAR.

RoyBacon · 11-02-18, 07:53 AM

Payrolls smash estimates with gain of 250,000, wage gains pass 3% for first time since recession

Nonfarm payrolls increased by 250,000 for October, well ahead of Refinitiv estimates of 190,000.
Average hourly earnings increased by 5 cents an hour for the month and 83 cents year-over-year, representing a 3.1 percent gain, the best pace since 2009.
The unemployment rate stayed at 3.7 percent, the lowest since December 1969.

Turd Ferguson · 11-02-18, 08:23 AM

Originally posted by RoyBacon

Payrolls smash estimates with gain of 250,000, wage gains pass 3% for first time since recession

Nonfarm payrolls increased by 250,000 for October, well ahead of Refinitiv estimates of 190,000.
Average hourly earnings increased by 5 cents an hour for the month and 83 cents year-over-year, representing a 3.1 percent gain, the best pace since 2009.
The unemployment rate stayed at 3.7 percent, the lowest since December 1969.

And the president is talking about shooting children...

BOA12 · 11-02-18, 08:35 AM

Originally posted by Turd Ferguson

And the president is talking about shooting children...

Tomorrows problem solved today in a Zero Tolerant and Law and Order Way. Diabolical from a Nero who's Know Hero with Zero Empathy

obviously not a problem for the Moral Majority and Party of Family Values

. Big Brother, please guide and protect us, please

your fearful flock. At any cost,push your Agenda thru

. A false sense of reality is in my near future

this is getting old.

MaltedHopsFrenzy · 11-02-18, 09:09 AM

Originally posted by bigbubbafade

It's only good if you're hard working.

If you choose to sit yo butt on a couch all day then this really sux.

Exactly.
If you're hungry or homeless in America - the greatest and most opportunistic Nation in the world, the reason hoards of illegals are marching here, the reason racists like Don Lemon makes millions of dollars anchoring the **COUGH** "news".....

Then that's on you.

RoyBacon · 11-02-18, 09:42 AM

Originally posted by guitarjosh

Not at all, you've seen all those jobs leave USA for years for China and Mexico, and their workers have seen a much better standard of living increase over the past few decades than our workers.

That's globalism. The far left believes we are too rich and they are too poor.

d2bets · 11-02-18, 09:49 AM

Originally posted by MaltedHopsFrenzy

Exactly.
If you're hungry or homeless in America - the greatest and most opportunistic Nation in the world, the reason hoards of illegals are marching here, the reason racists like Don Lemon makes millions of dollars anchoring the **COUGH** "news".....

Then that's on you.

Most are sick or disabled.

MaltedHopsFrenzy · 11-02-18, 10:17 AM

Originally posted by d2bets

Most are sick or disabled.

Ehhhhh, judging from what I see daily in Southern California, i’d say most are drunks or drug addicts. If you’ve got 2 strong legs to walk up to my car, 2 strong arms to hold out for money, and a mouth and presence of mind enough to beg for money - - you’re not disabled.....

d2bets · 11-02-18, 11:14 AM

Originally posted by MaltedHopsFrenzy

Ehhhhh, judging from what I see daily in Southern California, i’d say most are drunks or drug addicts. If you’ve got 2 strong legs to walk up to my car, 2 strong arms to hold out for money, and a mouth and presence of mind enough to beg for money - - you’re not disabled.....

Disability can be mental as well as physical.

MaltedHopsFrenzy · 11-02-18, 11:31 AM

Originally posted by d2bets

Disability can be mental as well as physical.

👎
You know, it’s funny, and i’ve said this before - I drive all over Southern CA. the melting pot Mecca of the world, and get hit up daily by people begging for $$$$
NEVER, NOT ONCE, EVER have they been Asian, Indian, Middle Eastern, or Hispanic. So, what’s in their cultures that the blacks & whites don’t have? Is it pride? Self-respect? Proper raising of the children?

The answer is “yes”. Blacks & Whites been too coddled for too long, so take your “mental disability” and stick it. If you’re “mentally capable” enough to walk up to my car and try to hustle me for $$$$ - then you can hold down a job.....