Average hourly wages realize greatest increase in 10 years

[K9Buck]

Winning!

https://www.cnbc.com/2019/03/13/wor...pLM6WoyC_Y20LkDO_W5ohgDmnnAlg3mcbo2VGkfgd2r8s

"...the benefits to lower-paid workers tend to arise as the labor market gets tighter, according to the Goldman analysis."

This is why America needs to control the numbers of immigrants who enter our nation in order to help increase the wages of our nation's lowest earners. Americans first.

 

[william the wie]

That is obvious to all but liberals

 

[BlindBoo]

No matter what Trumpybear does, the economy Obama left behind keeps up its' steadily pace.

Think maybe he deserves a second Nobel Prize?

 

[Auld Phart]

No matter what Trumpybear does, the economy Obama left behind keeps up its' steadily pace.

Think maybe he deserves a second Nobel Prize?

Think maybe he deserves a second Nobel Prize?

He didn't deserve the first

 

[HereWeGoAgain]

No matter what Trumpybear does, the economy Obama left behind keeps up its' steadily pace.

Think maybe he deserves a second Nobel Prize?

Damn!!!!
I was just going to post up that liberals will give barry the credit.
How predictable....

 

[BlindBoo]

No matter what Trumpybear does, the economy Obama left behind keeps up its' steadily pace.

Think maybe he deserves a second Nobel Prize?

Damn!!!!
I was just going to post up that liberals will give barry the credit.
How predictable....

Yeah sure but the Nobel Prize in Economic, didn't predict that did ya?

 

[HereWeGoAgain]

No matter what Trumpybear does, the economy Obama left behind keeps up its' steadily pace.

Think maybe he deserves a second Nobel Prize?

Damn!!!!
I was just going to post up that liberals will give barry the credit.
How predictable....

Yeah sure but the Nobel Prize in Economic, didn't predict that did ya?

Wait a minute.
Are you inferring that barry won the nobel due to economics?
I already know the answer so blather away.

 

[McRocket]

Winning!

https://www.cnbc.com/2019/03/13/wor...pLM6WoyC_Y20LkDO_W5ohgDmnnAlg3mcbo2VGkfgd2r8s

"...the benefits to lower-paid workers tend to arise as the labor market gets tighter, according to the Goldman analysis."

This is why America needs to control the numbers of immigrants who enter our nation in order to help increase the wages of our nation's lowest earners. Americans first.

Winning?



You do realize the average weekly hours has dropped from a year ago?

Employment Situation Summary Table B. Establishment data, seasonally adjusted

So the average weekly earnings is only up 3.1%.

And consumer debt is at a record high. If Americans are 'winning' so much...how come they are at record debt levels?
Consumer debt hits $4 trillion — a record high

And how many more Goods producing jobs were created in February - the core group that Trump promised to help? 32,000 less.


And let's look at other parts of the economy?

The DOW dropped in 2018 for the first year since the Great Recession ended, the DOW is still lower then it was last August, Trump promised 4% growth - last year it was under 3% real GDP growth...again, he has provided no infrastructure program (that he promised), he has provided no replacement for Obamacare (that he promised), GDP growth has slowed to a crawl:

Also, Trump is posting giant deficits - he is on pace for over $900 billion in FY2018 and his budget proposal calls for over $900 Billion in FY2109 (even though he promised to balance the budget).

https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf
https://www.whitehouse.gov/wp-content/uploads/2018/02/budget-fy2019.pdf Page 119

And now many at the Fed say growth is likely to slow 'sharply' this year and next...just in time for the elections.
US economic growth is likely to slow sharply this year and next, according to CNBC's Fed survey

If that is true, that means his GDP Growth for his term could be lower then Obama's was (after the GR).

And that is your idea of winning?

So noted.

Have a nice day.

 

[Toronado3800]

Winning!

https://www.cnbc.com/2019/03/13/wor...pLM6WoyC_Y20LkDO_W5ohgDmnnAlg3mcbo2VGkfgd2r8s

"...the benefits to lower-paid workers tend to arise as the labor market gets tighter, according to the Goldman analysis."

This is why America needs to control the numbers of immigrants who enter our nation in order to help increase the wages of our nation's lowest earners. Americans first.

That is obvious to all but liberals

Yes and no.

Consider the statement, low unemployment effectively raises the minimum wage. Is a higher minimum wage great for the economy?

 

[K9Buck]

Consider the statement, low unemployment effectively raises the minimum wage. Is a higher minimum wage great for the economy?

Combine a robust, growing economy with a limited number of workers and the market will take care of wages.

I will add that, to continue growth, immigration is likely needed but, we have to error on the side of the American worker. Otherwise, we flood the job market with foreigners who then replace Americans in the labor force while simultaneously driving down wages. That's Economics 101.

 

[McRocket]

Consider the statement, low unemployment effectively raises the minimum wage. Is a higher minimum wage great for the economy?

Combine a robust, growing economy with a limited number of workers and the market will take care of wages.

I will add that, to continue growth, immigration is likely needed but, we have to error on the side of the American worker. Otherwise, we flood the job market with foreigners who then replace Americans in the labor force while simultaneously driving down wages. That's Economics 101.

Are you serious?

2.2% in 2017 and 2.9% in 2018 is your idea of 'robust?

The Strange Ups and Downs of the U.S. Economy Since 1929

I GUARANTEE you that few of the respected on Wall Street would agree with you.

And how is it looking for this quarter?

GDPNow - Federal Reserve Bank of Atlanta

Downright lousy, so far.

 

[Toronado3800]

Consider the statement, low unemployment effectively raises the minimum wage. Is a higher minimum wage great for the economy?

Combine a robust, growing economy with a limited number of workers and the market will take care of wages.

I will add that, to continue growth, immigration is likely needed but, we have to error on the side of the American worker. Otherwise, we flood the job market with foreigners who then replace Americans in the labor force while simultaneously driving down wages. That's Economics 101.

This seems somewhat circular.

Economics 101 has my boss hiring whoever will do the job the most efficiently. Is that bad?

Something has me thinking unemployment is already too low for the skill level of the population. Give me some fresh blood that can do manual labor until their English improves, then I'll let them boss around the failure to launch generation.

 

[Toddsterpatriot]

Winning!

https://www.cnbc.com/2019/03/13/wor...pLM6WoyC_Y20LkDO_W5ohgDmnnAlg3mcbo2VGkfgd2r8s

"...the benefits to lower-paid workers tend to arise as the labor market gets tighter, according to the Goldman analysis."

This is why America needs to control the numbers of immigrants who enter our nation in order to help increase the wages of our nation's lowest earners. Americans first.

Winning?



You do realize the average weekly hours has dropped from a year ago?

Employment Situation Summary Table B. Establishment data, seasonally adjusted

So the average weekly earnings is only up 3.1%.

And consumer debt is at a record high. If Americans are 'winning' so much...how come they are at record debt levels?
Consumer debt hits $4 trillion — a record high

And how many more Goods producing jobs were created in February - the core group that Trump promised to help? 32,000 less.


And let's look at other parts of the economy?

The DOW dropped in 2018 for the first year since the Great Recession ended, the DOW is still lower then it was last August, Trump promised 4% growth - last year it was under 3% real GDP growth...again, he has provided no infrastructure program (that he promised), he has provided no replacement for Obamacare (that he promised), GDP growth has slowed to a crawl:

Also, Trump is posting giant deficits - he is on pace for over $900 billion in FY2018 and his budget proposal calls for over $900 Billion in FY2109 (even though he promised to balance the budget).

https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf
https://www.whitehouse.gov/wp-content/uploads/2018/02/budget-fy2019.pdf Page 119

And now many at the Fed say growth is likely to slow 'sharply' this year and next...just in time for the elections.
US economic growth is likely to slow sharply this year and next, according to CNBC's Fed survey

If that is true, that means his GDP Growth for his term could be lower then Obama's was (after the GR).

And that is your idea of winning?

So noted.

Have a nice day.

And consumer debt is at a record high. If Americans are 'winning' so much...how come they are at record debt levels?

Because the population grows, the economy grows, debt grows.
If you want to make a relevant point, use per capita debt.
Or use household debt service as a percentage of disposable income.