Younger workers earn $10K less than in 2005

Discussion in 'Economy' started by bigrebnc1775, Sep 24, 2012.

  1. bigrebnc1775
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    bigrebnc1775 Diamond Member

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  2. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    bump
     
  3. kiwiman127
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    kiwiman127 Comfortably Moderate Supporting Member

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    Actually in Real Dollars*, workers are making less than they did in the late 70's. Workers wages not growing with inflation has been happening for over thirty years.

    *Real Dollars is used by economists and the Dept of Labor. Real Dollars take in account all inflation by using a constant value.
     
  4. CrusaderFrank
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    CrusaderFrank Diamond Member

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    [ame=http://www.youtube.com/watch?v=tpAOwJvTOio]Original Obamaphone Lady: Obama Voter Says Vote for Obama because he gives a free Phone - YouTube[/ame]
     
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  5. Mr Clean
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    Mr Clean Gold Member

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    It's a buyers market just like the job creators like it.
     
  6. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    Actually deflections are useless.
    Younger workers are having to take lower paying jobs than they did in 2005
     
  7. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    No just like big guberment obama wants it. more the government gives the more they will expect form those they give too when the time comes.
     
  8. bigrebnc1775
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  9. kiwiman127
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    kiwiman127 Comfortably Moderate Supporting Member

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    Where's the deflection? I'm stating a fact.
     
  10. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    You're deflecting from the fact younger workers are making less now than they did in 2005 10,000 less. However if you want to play the devalued dollar we can do that. The feds are pumping out 40 billion dollars a month QE3
     

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