Real U.S. Wages Are Essentially Back at 1974 Levels

[Mr Natural]

Some things are cheaper than they were back in the 70s, labor being one of them.

So what if you don’t live as well as your parents did. At least the billionaires got their tax cuts and that’s what really matters for a healthy economy.

 

[Remodeling Maidiac]

Some things are cheaper than they were back in the 70s, labor being one of them.

So what if you don’t live as well as your parents did. At least the billionaires got their tax cuts and that’s what really matters for a healthy economy.

Everyone got a tax cut

 

[caddo kid]

'real wages' in the US peaked in 1979, the year I graduated high school

a good thing don't last forever & those that actually believe that some dumb ass politician can turn back time are pretty ignorant

More ignorant than someone who can't use capital letters or periods at the end of sentances? You must be related to Jillian.

complaining about grammar; is that all you got?

go get a f***ing life, or something to keep you occupied for ten minutes

 

[my2¢]

I'm not an economist but I would say we first need to increase productivity from year-to-year and then complain if wages don't follow.

U.S. worker productivity accelerated this spring at the best pace in more than three years, a possible sign stronger business investment is giving workers the tools they need to boost output.

The productivity of nonfarm workers, measured as the output of goods and services for each hour on the job, increased at an annualized and seasonally adjusted rate of 2.9% in the second quarter from the first, the Labor Department said Wednesday. It was the strongest quarterly gain since the first three months of 2015.

But from a year earlier, productivity advanced 1.3%, matching the average rate of growth from 2007 to 2017. Year-to-year productivity growth remains well below the 2.1% annual average recorded since the end of World War II.

Americans Most Productive in Years​

 

[BrokeLoser]

What would happen to wages in Switzerland if the Swiss were invaded by millions of low iQ Mexicans that couldn’t communicate with the natives?
Gee, why are wages so stagnant in the U.S.?
Does this issue really need any deep analysis?

 

[Correll]

Wages have been stagnant for 40 years. Trump is the one trying to change the factors that led to that.


You people are the ones that want to keep trade and immigration policy the same.


What part of that makes sense to you?

How is Trump trying to change the wage discrepancy?

Keep in mind, it is not what Trump says, it is what he does and doesn't do.

1. Reducing immigration/deporting illegals, to reduce labor supply.

2. Trade policy moving jobs, especially manufacturing jobs, back to the US, to increase demand.

3. Tax cuts, regulation cuts to spur economy, and increase demand.



Increase demand, reduce supply, prices rise.


The price for labor, is wages.

Unemployment is really low, why are wages not increasing?

Wages increase based on merit not statistics. In competitive industries wages are negotiated.

And? Wages are stagnant and that is bad. Typically with low unemployment wages increase, that isn't happening now. Something is broke.

Is the answer to keep moving jobs offshore and keep importing more and more Third World labor?

 

[Correll]

Some things are cheaper than they were back in the 70s, labor being one of them.

So what if you don’t live as well as your parents did. At least the billionaires got their tax cuts and that’s what really matters for a healthy economy.

So, let's reverse the policies that led to that.

 

[BrokeLoser]

Some things are cheaper than they were back in the 70s, labor being one of them.

So what if you don’t live as well as your parents did. At least the billionaires got their tax cuts and that’s what really matters for a healthy economy.

So, let's reverse the policies that led to that.

LefTard Logic:
“We can foster ALL of Mexico’s desperate, low iQ filth and still have high wages...don’t ask us how we arrive at that position....DAMNIT, that’s what we want.”

 

[Wry Catcher]

How is Trump trying to change the wage discrepancy?

Keep in mind, it is not what Trump says, it is what he does and doesn't do.

1. Reducing immigration/deporting illegals, to reduce labor supply.

2. Trade policy moving jobs, especially manufacturing jobs, back to the US, to increase demand.

3. Tax cuts, regulation cuts to spur economy, and increase demand.



Increase demand, reduce supply, prices rise.


The price for labor, is wages.

Unemployment is really low, why are wages not increasing?

Wages increase based on merit not statistics. In competitive industries wages are negotiated.

And? Wages are stagnant and that is bad. Typically with low unemployment wages increase, that isn't happening now. Something is broke.

Is the answer to keep moving jobs offshore and keep importing more and more Third World labor?

Global Corporations make the decision to move out of the United States. Do not make the mistake that CEO's or CFO's and Boards of Directors put patriotism into their business model.

 

[Correll]

1. Reducing immigration/deporting illegals, to reduce labor supply.

2. Trade policy moving jobs, especially manufacturing jobs, back to the US, to increase demand.

3. Tax cuts, regulation cuts to spur economy, and increase demand.



Increase demand, reduce supply, prices rise.


The price for labor, is wages.

Unemployment is really low, why are wages not increasing?

Wages increase based on merit not statistics. In competitive industries wages are negotiated.

And? Wages are stagnant and that is bad. Typically with low unemployment wages increase, that isn't happening now. Something is broke.

Is the answer to keep moving jobs offshore and keep importing more and more Third World labor?

Global Corporations make the decision to move out of the United States. Do not make the mistake that CEO's or CFO's and Boards of Directors put patriotism into their business model.

Nothing in my post in any way indicated that I did that.


To be clear, I do NOT expect American Corporations to have any consideration for their fellow Americans.


They are run by people who have went though schools/universities dominated by liberal ideology, where any type of patriotism would have been ridiculed, if not more seriously punished.

 

[Toddsterpatriot]

Some things are cheaper than they were back in the 70s, labor being one of them.

So what if you don’t live as well as your parents did. At least the billionaires got their tax cuts and that’s what really matters for a healthy economy.

So what if you don’t live as well as your parents did

You're joking, right?
How does the size of your house compare to your parent's 1970s house?

 

[Remodeling Maidiac]

I have 2 4k TV's. My parents had one CRT tv.

What do I win?

 

[Remodeling Maidiac]

The TV on my deck is bigger than my parents living room tv.

What do I win?

 

[Mr Natural]

The TV on my deck is bigger than my parents living room tv.

What do I win?

And it probably cost less.

 

[Wry Catcher]

Some things are cheaper than they were back in the 70s, labor being one of them.

So what if you don’t live as well as your parents did. At least the billionaires got their tax cuts and that’s what really matters for a healthy economy.

So, let's reverse the policies that led to that.

LefTard Logic:
“We can foster ALL of Mexico’s desperate, low iQ filth and still have high wages...don’t ask us how we arrive at that position....DAMNIT, that’s what we want.”

RightTard illogic: We can continue to allow undocumented workers to be hired by LLC's, small businesses, home owners and even corporations without sanctions.

These enterprises need to be prosecuted for a felony, when they hire an undocumented worker. And, pay restitution and pay a fine up to $10,000 for avoiding the collection of payroll taxes and paying for Worker's Compensation Insurance. The owners and upper management (including CEO's, CFO's and members of the Board of Directors) need to spend some time in prison (not county jail).

 

[Correll]

Some things are cheaper than they were back in the 70s, labor being one of them.

So what if you don’t live as well as your parents did. At least the billionaires got their tax cuts and that’s what really matters for a healthy economy.

So, let's reverse the policies that led to that.

LefTard Logic:
“We can foster ALL of Mexico’s desperate, low iQ filth and still have high wages...don’t ask us how we arrive at that position....DAMNIT, that’s what we want.”

RightTard illogic: We can continue to allow undocumented workers to be hired by LLC's, small businesses, home owners and even corporations without sanctions.

These enterprises need to be prosecuted for a felony, when they hire an undocumented worker. And, pay restitution and pay a fine up to $10,000 for avoiding the collection of payroll taxes and paying for Worker's Compensation Insurance. The owners and upper management (including CEO's, CFO's and members of the Board of Directors) need to spend some time in prison (not county jail).

Your call for it to be a felony is so that you can have desperate single mothers arrested for hiring an illegal babysitter and then smear Republicans as "heartless",


YOu are not fooling anyone.

 

[BrokeLoser]

Some things are cheaper than they were back in the 70s, labor being one of them.

So what if you don’t live as well as your parents did. At least the billionaires got their tax cuts and that’s what really matters for a healthy economy.

So, let's reverse the policies that led to that.

LefTard Logic:
“We can foster ALL of Mexico’s desperate, low iQ filth and still have high wages...don’t ask us how we arrive at that position....DAMNIT, that’s what we want.”

RightTard illogic: We can continue to allow undocumented workers to be hired by LLC's, small businesses, home owners and even corporations without sanctions.

These enterprises need to be prosecuted for a felony, when they hire an undocumented worker. And, pay restitution and pay a fine up to $10,000 for avoiding the collection of payroll taxes and paying for Worker's Compensation Insurance. The owners and upper management (including CEO's, CFO's and members of the Board of Directors) need to spend some time in prison (not county jail).

That’s funny shit...
You ignorant fools have been lobbying to make life and employment easier for wetbacks for years...you piss your pants every time iCE raids a business. STFU liar.

 

[Cellblock2429]

Thanks to Corporate America and Republicans....

Real U.S. Wages Are Essentially Back at 1974 Levels, Pew Reports

Wages have been stagnant for 40 years. Trump is the one trying to change the factors that led to that.


You people are the ones that want to keep trade and immigration policy the same.


What part of that makes sense to you?

/—-/ Great point, when a Republican tries to fix things libtards screech leave it alone then complain that things suck.

 

[Wry Catcher]

Some things are cheaper than they were back in the 70s, labor being one of them.

So what if you don’t live as well as your parents did. At least the billionaires got their tax cuts and that’s what really matters for a healthy economy.

So, let's reverse the policies that led to that.

LefTard Logic:
“We can foster ALL of Mexico’s desperate, low iQ filth and still have high wages...don’t ask us how we arrive at that position....DAMNIT, that’s what we want.”

RightTard illogic: We can continue to allow undocumented workers to be hired by LLC's, small businesses, home owners and even corporations without sanctions.

These enterprises need to be prosecuted for a felony, when they hire an undocumented worker. And, pay restitution and pay a fine up to $10,000 for avoiding the collection of payroll taxes and paying for Worker's Compensation Insurance. The owners and upper management (including CEO's, CFO's and members of the Board of Directors) need to spend some time in prison (not county jail).

Your call for it to be a felony is so that you can have desperate single mothers arrested for hiring an illegal babysitter and then smear Republicans as "heartless",


YOu are not fooling anyone.

LOL, Your ability to read and comprehend explains why you are what you are, i.e. ignorant. Look up the meaning of the word ENTERPRISE and you will see 99% of those who hire undocumented workers are seeking to exploit them:

SEE: enterprises meaning - Google Search

 

[BrokeLoser]

Some things are cheaper than they were back in the 70s, labor being one of them.

So what if you don’t live as well as your parents did. At least the billionaires got their tax cuts and that’s what really matters for a healthy economy.

So, let's reverse the policies that led to that.

LefTard Logic:
“We can foster ALL of Mexico’s desperate, low iQ filth and still have high wages...don’t ask us how we arrive at that position....DAMNIT, that’s what we want.”

RightTard illogic: We can continue to allow undocumented workers to be hired by LLC's, small businesses, home owners and even corporations without sanctions.

These enterprises need to be prosecuted for a felony, when they hire an undocumented worker. And, pay restitution and pay a fine up to $10,000 for avoiding the collection of payroll taxes and paying for Worker's Compensation Insurance. The owners and upper management (including CEO's, CFO's and members of the Board of Directors) need to spend some time in prison (not county jail).

Your call for it to be a felony is so that you can have desperate single mothers arrested for hiring an illegal babysitter and then smear Republicans as "heartless",


YOu are not fooling anyone.

LOL, Your ability to read and comprehend explains why you are what you are, i.e. ignorant. Look up the meaning of the word ENTERPRISE and you will see 99% of those who hire undocumented workers are seeking to exploit them:

SEE: enterprises meaning - Google Search

“Exploit them”
Huh...WTF?
It’s all your Loony friends who brag nonstop about how cheap they’ll work, how they’ll do those jobs no decent human will do, how they won’t complain about conditions and why we NEED them for said reasons....Who’s really trying to “exploit” them?