workers see highest pay raise in nearly a decade

[Mac1958]

A very hopeful sign. We need wages to continue to increase and stay above 3.0%.

Why?

To stay above inflation and drive growth. If wages are only keeping up with inflation and the cost of living, they can't be used as much for discretionary spending.
.

 

[2aguy]

Thank you president Obama!

I just wanted to be the first.

No..... had obama still been in office there would now be bread lines.... and he would be the first one saying how great it was that everyone was getting healthier by losing so much weight.

 

[dudmuck]

A very hopeful sign. We need wages to continue to increase and stay above 3.0%.

Why?

So people have money to spend and save and maybe even enjoy life.

As opposed to doing nothing other than working just to make ends meet.

That's only meaningful from an individual perspective. It's how much you make, relative to others, that determines your standard of living. If everyone gets a raise, it's a wash.

Its a wash anyway, because BLS shows real wages are flat compared to a year ago..

 

[dblack]

A very hopeful sign. We need wages to continue to increase and stay above 3.0%.

Why?

To stay above inflation and drive growth. If wages are only keeping up with inflation and the cost of living, they can't be used as much for discretionary spending.
.

Why should this be a concern of government?

 

[rightwinger]

A very hopeful sign. We need wages to continue to increase and stay above 3.0%.

Why?

To stay above inflation and drive growth. If wages are only keeping up with inflation and the cost of living, they can't be used as much for discretionary spending.
.

Why should this be a concern of government?

Why is our government stimulating the top one percent. ??

Economic stimulus should be going towards the working class

 

[NightFox]

U.S. Workers Get Biggest Pay Increase in Nearly a Decade

not too long ago there were anti-trump posts talking about how wages have not increased.

gonna need to redo that occupydemocrats.org powerpoint slide now.

Haha...this is terrible news for sealybobo and the bunch.

For now I’ll say trump has improved wages unless I see evidence otherwise. Good job trump

While I don’t credit Trump for the wage increases, I don’t blame him for wage increases being so paltry

I blame the capitalists who have been on the receiving end of government largess but trickle so little down to the workers

I just heard trumps trying to pass a second tax break for rich people

He's not trying to pass anything...

He has the Treasury Department looking into unilaterally changing the rules on capital gains taxes to adjust for inflation between purchase and sale.

Congress is also looking into this as part of legislation to make the individual tax cuts permanent.

 

[dblack]

A very hopeful sign. We need wages to continue to increase and stay above 3.0%.

Why?

To stay above inflation and drive growth. If wages are only keeping up with inflation and the cost of living, they can't be used as much for discretionary spending.
.

Why should this be a concern of government?

Why is our government stimulating the top one percent. ??

Economic stimulus should be going towards the working class

Government shouldn't be in the economy stimulating business.

 

[sealybobo]

U.S. Workers Get Biggest Pay Increase in Nearly a Decade

not too long ago there were anti-trump posts talking about how wages have not increased.

gonna need to redo that occupydemocrats.org powerpoint slide now.

Haha...this is terrible news for sealybobo and the bunch.

For now I’ll say trump has improved wages unless I see evidence otherwise. Good job trump

While I don’t credit Trump for the wage increases, I don’t blame him for wage increases being so paltry

I blame the capitalists who have been on the receiving end of government largess but trickle so little down to the workers

I just heard trumps trying to pass a second tax break for rich people

He's not trying to pass anything...

He has the Treasury Department looking into unilaterally changing the rules on capital gains taxes to adjust for inflation between purchase and sale.

Congress is also looking into this as part of legislation to make the individual tax cuts permanent.

“True to form, the president who thinks you need ID to buy groceries also thinks that voters are demanding more tax cuts for rich people,” he said, “because the Trump administration is putting together a plan to do just that, this time without going through Congress.”

The Trump administration wants to change the way capital gains are handled, a move that would save $100 billion for wealthy people with big stock portfolios, The New York Times reported.

“Thank God someone is finally looking out for the wealthy people with big stock portfolios,” Meyers said. “Seriously, they already got a $2 trillion tax cut just a few months ago. These people are relentless. They won’t be happy until this country is just 10 trillionaires and 300 million people fighting over one Go-Gurt.”

Seth Meyers Calls Out Trump Administration's Plan To Cut Taxes For The Wealthy | HuffPost

 

[Mac1958]

A very hopeful sign. We need wages to continue to increase and stay above 3.0%.

Why?

To stay above inflation and drive growth. If wages are only keeping up with inflation and the cost of living, they can't be used as much for discretionary spending.
.

Why should this be a concern of government?

I didn't say it was a concern of government. Wage growth and economic growth are a concern of anyone who watches this kind of thing.
.

 

[sealybobo]

A very hopeful sign. We need wages to continue to increase and stay above 3.0%.

Why?

To stay above inflation and drive growth. If wages are only keeping up with inflation and the cost of living, they can't be used as much for discretionary spending.
.

Why should this be a concern of government?

I didn't say it was a concern of government. Wage growth and economic growth are a concern of anyone who watches this kind of thing.
.

To answer their question

The "middle class" is the creation of government intervention in the marketplace, and won't exist without it

In actual fact, there is no such thing as a "free market." Markets are the creation of government.

Governments provide a stable currency to make markets possible. They provide a legal infrastructure and court systems to enforce the contracts that make markets possible. They provide educated workforces through public education, and those workers show up at their places of business after traveling on public roads, rails, or airways provided by government. Businesses that use the "free market" are protected by police and fire departments provided by government, and send their communications - from phone to fax to internet - over lines that follow public rights-of-way maintained and protected by government.

And, most important, the rules of the game of business are defined by government. Any sports fan can tell you that football, baseball, or hockey without rules and referees would be a mess. Similarly, business without rules won't work.

Which explains why conservative economics wiped out the middle class during the period from 1880 to 1932, and why, when Reagan again began applying conservative economics, the middle class again began to vanish in America in the 1980s - a process that has dramatically picked up steam under George W. Bush.

The conservative mantra is "let the market decide." But there is no market independent of government, so what they're really saying is, "Stop government from defending workers and building a middle class, and let the corporations decide how much to pay for labor and how to trade." This is, at best, destructive to national and international economies, and, at worst, destructive to democracy itself.

Democracy - Not "The Free Market" - Will Save America's Middle Class

 

[Thinker101]

I think employers like having their employees used to not getting raises

Giving a healthy raise now will spoil them

They don't give raises, because people don't leave jobs anymore......raises were used to reward hard work and to help retain good employees.....but over the years, they've concluded, we ain't going anywhere, still producing, so why give raises??? And because so many immigrants now work for a lot of these big name companies, mine included.....who show up, do what they're told, so your ability to organize or build a resistance base is next to zero, these mf's are just happy to work and be in America....immigrants are the worst for america's labor, but the best thing to happen to Wall street.

People don't leave jobs because they were scarce, with jobs becoming more available more will be leaving.

Yes, young people will leave, however, most of the working class in this country are boomers like myself, too young to retire and to old to start over...those are the ones caught up in this madness of wage disparities.

Typically boomers, or those that have reached their middle years, have developed skills at work. Those skills tend to transfer quite nicely to other companies. Someone that has spent years becoming, for example a computer programmer, doesn't decide to start a different career and become a....doctor, fry cook, landscaper, etc.

 

[Mac1958]

A very hopeful sign. We need wages to continue to increase and stay above 3.0%.

Why?

To stay above inflation and drive growth. If wages are only keeping up with inflation and the cost of living, they can't be used as much for discretionary spending.
.

Why should this be a concern of government?

I didn't say it was a concern of government. Wage growth and economic growth are a concern of anyone who watches this kind of thing.
.

To answer their question

The "middle class" is the creation of government intervention in the marketplace, and won't exist without it

In actual fact, there is no such thing as a "free market." Markets are the creation of government.

Governments provide a stable currency to make markets possible. They provide a legal infrastructure and court systems to enforce the contracts that make markets possible. They provide educated workforces through public education, and those workers show up at their places of business after traveling on public roads, rails, or airways provided by government. Businesses that use the "free market" are protected by police and fire departments provided by government, and send their communications - from phone to fax to internet - over lines that follow public rights-of-way maintained and protected by government.

And, most important, the rules of the game of business are defined by government. Any sports fan can tell you that football, baseball, or hockey without rules and referees would be a mess. Similarly, business without rules won't work.

Which explains why conservative economics wiped out the middle class during the period from 1880 to 1932, and why, when Reagan again began applying conservative economics, the middle class again began to vanish in America in the 1980s - a process that has dramatically picked up steam under George W. Bush.

The conservative mantra is "let the market decide." But there is no market independent of government, so what they're really saying is, "Stop government from defending workers and building a middle class, and let the corporations decide how much to pay for labor and how to trade." This is, at best, destructive to national and international economies, and, at worst, destructive to democracy itself.

Democracy - Not "The Free Market" - Will Save America's Middle Class

The libertarianism that has infected the party doesn't leave much room for nuance.

It's all or nothing, which just isn't real life.
.

 

[sealybobo]

Why?

To stay above inflation and drive growth. If wages are only keeping up with inflation and the cost of living, they can't be used as much for discretionary spending.
.

Why should this be a concern of government?

I didn't say it was a concern of government. Wage growth and economic growth are a concern of anyone who watches this kind of thing.
.

To answer their question

The "middle class" is the creation of government intervention in the marketplace, and won't exist without it

In actual fact, there is no such thing as a "free market." Markets are the creation of government.

Governments provide a stable currency to make markets possible. They provide a legal infrastructure and court systems to enforce the contracts that make markets possible. They provide educated workforces through public education, and those workers show up at their places of business after traveling on public roads, rails, or airways provided by government. Businesses that use the "free market" are protected by police and fire departments provided by government, and send their communications - from phone to fax to internet - over lines that follow public rights-of-way maintained and protected by government.

And, most important, the rules of the game of business are defined by government. Any sports fan can tell you that football, baseball, or hockey without rules and referees would be a mess. Similarly, business without rules won't work.

Which explains why conservative economics wiped out the middle class during the period from 1880 to 1932, and why, when Reagan again began applying conservative economics, the middle class again began to vanish in America in the 1980s - a process that has dramatically picked up steam under George W. Bush.

The conservative mantra is "let the market decide." But there is no market independent of government, so what they're really saying is, "Stop government from defending workers and building a middle class, and let the corporations decide how much to pay for labor and how to trade." This is, at best, destructive to national and international economies, and, at worst, destructive to democracy itself.

Democracy - Not "The Free Market" - Will Save America's Middle Class

The libertarianism that has infected the party doesn't leave much room for nuance.

It's all or nothing, which just isn't real life.
.

They've been told by Republicans over and over again the government is the problem. Meanwhile it's big money that's ruining our democracy.

Here's another good article that goes along with what we are talking about

"You Can't Govern if You Don't Believe in Government"

 

[iceberg]

To stay above inflation and drive growth. If wages are only keeping up with inflation and the cost of living, they can't be used as much for discretionary spending.
.

Why should this be a concern of government?

I didn't say it was a concern of government. Wage growth and economic growth are a concern of anyone who watches this kind of thing.
.

To answer their question

The "middle class" is the creation of government intervention in the marketplace, and won't exist without it

In actual fact, there is no such thing as a "free market." Markets are the creation of government.

Governments provide a stable currency to make markets possible. They provide a legal infrastructure and court systems to enforce the contracts that make markets possible. They provide educated workforces through public education, and those workers show up at their places of business after traveling on public roads, rails, or airways provided by government. Businesses that use the "free market" are protected by police and fire departments provided by government, and send their communications - from phone to fax to internet - over lines that follow public rights-of-way maintained and protected by government.

And, most important, the rules of the game of business are defined by government. Any sports fan can tell you that football, baseball, or hockey without rules and referees would be a mess. Similarly, business without rules won't work.

Which explains why conservative economics wiped out the middle class during the period from 1880 to 1932, and why, when Reagan again began applying conservative economics, the middle class again began to vanish in America in the 1980s - a process that has dramatically picked up steam under George W. Bush.

The conservative mantra is "let the market decide." But there is no market independent of government, so what they're really saying is, "Stop government from defending workers and building a middle class, and let the corporations decide how much to pay for labor and how to trade." This is, at best, destructive to national and international economies, and, at worst, destructive to democracy itself.

Democracy - Not "The Free Market" - Will Save America's Middle Class

The libertarianism that has infected the party doesn't leave much room for nuance.

It's all or nothing, which just isn't real life.
.

They've been told by Republicans over and over again the government is the problem. Meanwhile it's big money that's ruining our democracy.

Here's another good article that goes along with what we are talking about

"You Can't Govern if You Don't Believe in Government"

i think it would be more to the point, how much government should we have? given i've seldom of ever (til trump) seen the gov give power BACK, it's a legitimate question of when we have too much gov and not enough self reliance.

 

[NightFox]

To stay above inflation and drive growth. If wages are only keeping up with inflation and the cost of living, they can't be used as much for discretionary spending.
.

Why should this be a concern of government?

I didn't say it was a concern of government. Wage growth and economic growth are a concern of anyone who watches this kind of thing.
.

To answer their question

The "middle class" is the creation of government intervention in the marketplace, and won't exist without it

In actual fact, there is no such thing as a "free market." Markets are the creation of government.

Governments provide a stable currency to make markets possible. They provide a legal infrastructure and court systems to enforce the contracts that make markets possible. They provide educated workforces through public education, and those workers show up at their places of business after traveling on public roads, rails, or airways provided by government. Businesses that use the "free market" are protected by police and fire departments provided by government, and send their communications - from phone to fax to internet - over lines that follow public rights-of-way maintained and protected by government.

And, most important, the rules of the game of business are defined by government. Any sports fan can tell you that football, baseball, or hockey without rules and referees would be a mess. Similarly, business without rules won't work.

Which explains why conservative economics wiped out the middle class during the period from 1880 to 1932, and why, when Reagan again began applying conservative economics, the middle class again began to vanish in America in the 1980s - a process that has dramatically picked up steam under George W. Bush.

The conservative mantra is "let the market decide." But there is no market independent of government, so what they're really saying is, "Stop government from defending workers and building a middle class, and let the corporations decide how much to pay for labor and how to trade." This is, at best, destructive to national and international economies, and, at worst, destructive to democracy itself.

Democracy - Not "The Free Market" - Will Save America's Middle Class

The libertarianism that has infected the party doesn't leave much room for nuance.

It's all or nothing, which just isn't real life.
.

They've been told by Republicans over and over again the government is the problem. Meanwhile it's big money that's ruining our democracy.

Er… um.... "big money" is a problem because it can systematically buy what it wants when you have centralized most of the power into the hands of far away politicians and bureaucrats that are willing to sell it , that's one of the reasons the founders created a REPUBLIC, a republic inherently decentralizes power to the lowest possible level.

It's the gub'mint worshiping progressives that have created the situation by constantly pushing the authority farther away from the individual and into the hands of the institutions in Washington D.C.

Don't blame the "big money" buyers of favoritism, blame the un-accountable miscreants in Washington that are selling it and the brainless progressive sheeple that centralized so much power into their hands that Washington has became a veritable one-stop shop for influence peddling, rent seeking and corruption.

 

[Hutch Starskey]

You're crowing over a few thenths of a percent.

And what did it do under obama again?

You tell us, cheerboi.

At $15/h , .1% is 1.5 cents. Keep cheering, fool.

So you dont know, have nothing of value add, you are just trolling.

Got it.

I do know, dope. I told you you're crowing over tenths of a percent.

Your math sucks. Its 2.8% not 0.1

Yes,dope. How many tenths of a percent is that higher than Obama's numbers.
Damn, you are slow, dude.

 

[Hutch Starskey]

I want my nation to succeed, not this president. He’s an embarrassment. He’s a pathological liar.

Actually he hasn't told one lie that I can find. I'll put up a thread about that, shortly.

No collusion! No collusion!

 

[Hutch Starskey]

Why?

So people have money to spend and save and maybe even enjoy life.

As opposed to doing nothing other than working just to make ends meet.

That's only meaningful from an individual perspective. It's how much you make, relative to others, that determines your standard of living. If everyone gets a raise, it's a wash.

No it isn’t.

More money means a stronger economy and healthier families.

Okay. So we could just double everyone's salary and bank account and we'd all be twice as wealthy, eh?

I'm reminded of explaining this to my youngest when we was 8. Except he understood.

No, we increase the wages based on the productivity.

We don't. Not anymore. That's the problem.

 

[ptbw forever]

So people have money to spend and save and maybe even enjoy life.

As opposed to doing nothing other than working just to make ends meet.

That's only meaningful from an individual perspective. It's how much you make, relative to others, that determines your standard of living. If everyone gets a raise, it's a wash.

No it isn’t.

More money means a stronger economy and healthier families.

Okay. So we could just double everyone's salary and bank account and we'd all be twice as wealthy, eh?

I'm reminded of explaining this to my youngest when we was 8. Except he understood.

No, we increase the wages based on the productivity.

We don't. Not anymore. That's the problem.

View attachment 208122

Wages are going up in the big companies.

As the economy gets better the wages will also start to increase more frequently.

 

[edward37]

U.S. Workers Get Biggest Pay Increase in Nearly a Decade

not too long ago there were anti-trump posts talking about how wages have not increased.

gonna need to redo that occupydemocrats.org powerpoint slide now.

Haha...this is terrible news for sealybobo and the bunch.

For now I’ll say trump has improved wages unless I see evidence otherwise. Good job trump

While I don’t credit Trump for the wage increases, I don’t blame him for wage increases being so paltry

I blame the capitalists who have been on the receiving end of government largess but trickle so little down to the workers

I just heard trumps trying to pass a second tax break for rich people

AWESOME...who better to be rewarded than those paying America’s way?

LOL you still don't get it You must be a republican ,,,Trump gives with one hand and takes away with the other Tariffs will more than make up for measly tax gains