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

[NightFox]

Source: CNBC.COM
Wages and salaries jump by 3.1%, highest level in a decade

"Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department

Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.

Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures."

On the surface an unexpected and positive development, let's just hope this isn't the beginning of accelerating inflation and that the Fed doesn't overreact.

 

[Claudette]

Glad to hear it.

Now lets wait for the lefty loons to comment on it.

I'm sure the good news won't be because of anything Trump has done.

Enjoy.

 

[Claudette]

Gee. Guess the lefty loons have nothing to say.

Who knew??

 

[fncceo]

It's Roosevelt's economy.

 

[dblack]

Source: CNBC.COM
Wages and salaries jump by 3.1%, highest level in a decade

"Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department

Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.

Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures."

On the surface an unexpected and positive development, let's just hope this isn't the beginning of accelerating inflation and that the Fed doesn't overreact.

Nothing like out-of-control deficit spending to fuel fake prosperity.

 

[Claudette]

It's Roosevelt's economy.

LMAO Roosevelt never had an economy that's why the GD lasted so long.

The man fucked up big time in dealing with it.

 

[Ted Frazier]

Source: CNBC.COM
Wages and salaries jump by 3.1%, highest level in a decade

"Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department

Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.

Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures."

On the surface an unexpected and positive development, let's just hope this isn't the beginning of accelerating inflation and that the Fed doesn't overreact.

The strong economy would prevent a Democratic House takeover if Trump stopped doing racist things.

 

[NightFox]

The strong economy would prevent a Democratic House takeover if Trump stopped doing racist things.

You have a valid point, although I wouldn't characterize his behavior as "racist", it seems the most effective thing the Republicans can do to improve their chances of retaining a majority in the HoR is to get a muzzle for Donny and take away his Twitter access.

"We're gonna need a cage." -- Doug Kinney, Multiplicity

 

[Meathead]

Source: CNBC.COM
Wages and salaries jump by 3.1%, highest level in a decade

"Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department

Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.

Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures."

On the surface an unexpected and positive development, let's just hope this isn't the beginning of accelerating inflation and that the Fed doesn't overreact.

Nothing like out-of-control deficit spending to fuel fake prosperity.

First bite!

 

[Rocko]

Thanks Obama......for nothing

 

[NightFox]

Source: CNBC.COM
Wages and salaries jump by 3.1%, highest level in a decade

"Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department

Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.

Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures."

On the surface an unexpected and positive development, let's just hope this isn't the beginning of accelerating inflation and that the Fed doesn't overreact.

Nothing like out-of-control deficit spending to fuel fake prosperity.

Yes there is, extremely loose monetary policy over a long period of time.

 

[Thinker101]

Source: CNBC.COM
Wages and salaries jump by 3.1%, highest level in a decade

"Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department

Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.

Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures."

On the surface an unexpected and positive development, let's just hope this isn't the beginning of accelerating inflation and that the Fed doesn't overreact.

Nothing like out-of-control deficit spending to fuel fake prosperity.

Cmon, fess up, you're really Obama.

 

[kiwiman127]

Source: CNBC.COM
Wages and salaries jump by 3.1%, highest level in a decade

"Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department

Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.

Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures."

On the surface an unexpected and positive development, let's just hope this isn't the beginning of accelerating inflation and that the Fed doesn't overreact.

Well, that's something positive for the wage earners, nothing great but positive, After the 2.3% inflation rate the wage rate is up .8 %. That's better than a kick in the nuts.

Wages have been trending only slightly upwards for most of the working class for since 2015. That is better what it was like from 1965-1990. Ouch!

 

[NightFox]

Source: CNBC.COM
Wages and salaries jump by 3.1%, highest level in a decade

"Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department

Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.

Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures."

On the surface an unexpected and positive development, let's just hope this isn't the beginning of accelerating inflation and that the Fed doesn't overreact.

Well, that something positive for the wage earners, nothing great for positive, After the 2.3% inflation rate the wage rate is up .8 %. That's better than a kick in the nuts.

Unless of course the uptick in wages is precursor accelerating inflation, in which case a kick in the nuts might be more welcome, I'd like to see what the productivity numbers look like and how the Fed responds before making a final evaluation.

" Now lets not start sucking each others dicks just yet. " -- The Wolf, Pulp Fiction

 

[william the wie]

Take home pay seems to be declining in most Blue wall/high SALT states so there are big problems in the national numbers.

 

[EdwardBaiamonte]

Source: CNBC.COM
Wages and salaries jump by 3.1%, highest level in a decade

"Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department

Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.

Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures."

On the surface an unexpected and positive development, let's just hope this isn't the beginning of accelerating inflation and that the Fed doesn't overreact.

Well, that something positive for the wage earners, nothing great for positive, After the 2.3% inflation rate the wage rate is up .8 %. That's better than a kick in the nuts.

Unless of course the uptick in wages is precursor accelerating inflation, in which case a kick in the nuts might be more welcome, I'd like to see what the productivity numbers look like and how the Fed responds before making a final evaluation.

" Now lets not start sucking each others dicks just yet. " -- The Wolf, Pulp Fiction

wage numbers look very real and inevitable given the good looking employment numbers that preceded them for years.

 

[william the wie]

Source: CNBC.COM
Wages and salaries jump by 3.1%, highest level in a decade

"Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department

Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.

Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures."

On the surface an unexpected and positive development, let's just hope this isn't the beginning of accelerating inflation and that the Fed doesn't overreact.

Well, that something positive for the wage earners, nothing great for positive, After the 2.3% inflation rate the wage rate is up .8 %. That's better than a kick in the nuts.

Unless of course the uptick in wages is precursor accelerating inflation, in which case a kick in the nuts might be more welcome, I'd like to see what the productivity numbers look like and how the Fed responds before making a final evaluation.

" Now lets not start sucking each others dicks just yet. " -- The Wolf, Pulp Fiction

wage numbers look very real and inevitable given the good looking employment numbers that preceded them for years.

Plus there is a prize in this box. Everyone tends to ignore that the Fed deals solely with the national economy. SALT plus State and local regulation vary a lot and are likely to be increasing the variance in growth. To make this a relatively short explanation I will keep it simple. It looks like the states with the highest fiscal drag are taking it in the shorts while the states with the lowest fiscal drag are effectively getting monetary stimulus.

 

[kiwiman127]

Source: CNBC.COM
Wages and salaries jump by 3.1%, highest level in a decade

"Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department

Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.

Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures."

On the surface an unexpected and positive development, let's just hope this isn't the beginning of accelerating inflation and that the Fed doesn't overreact.

Well, that something positive for the wage earners, nothing great for positive, After the 2.3% inflation rate the wage rate is up .8 %. That's better than a kick in the nuts.

Unless of course the uptick in wages is precursor accelerating inflation, in which case a kick in the nuts might be more welcome, I'd like to see what the productivity numbers look like and how the Fed responds before making a final evaluation.

" Now lets not start sucking each others dicks just yet. " -- The Wolf, Pulp Fiction

wage numbers look very real and inevitable given the good looking employment numbers that preceded them for years.

Plus there is a prize in this box. Everyone tends to ignore that the Fed deals solely with the national economy. SALT plus State and local regulation vary a lot and are likely to be increasing the variance in growth. To make this a relatively short explanation I will keep it simple. It looks like the states with the highest fiscal drag are taking it in the shorts while the states with the lowest fiscal drag are effectively getting monetary stimulus.

Well good! Maybe now, Blue States will no longer have to pay in the most and in return get the least back in Federal dollars and the Red States can finally pay their fair share, instead of sucking in Blue State money.