Thanks for nothing Donald Trump ... Low-Wage Jobs are the New American Normal

[Denizen]

Welcome to the bogus economy and TSLS, Trump Shit Life Syndrome fueled by burgeoning debt and stoked by the First Loser.

You have to respect Donald Trump for being astute enough to recognize that the poorly-educated are a majority in US society and going after them.

Donald Trump is inflating the expectations of his howling mob by making promises he doesn't intend to keep and can't keep.

US debt has increased by $10,000 per worker during Trump's tenure while "53 million Americans between the ages of 18 and 64 earned a median wage of $10.22 per hour, or $18,000 per year" and have traveled backward. If Trump's debt trajectory continues, the 53 million Americans will soon have a net negative value as the debt balloons to stratospheric values.

The Donald Trump trajectory portends a horrendous recession which will make Lebanon and Zimbabwe look like desirable economic models.

Good jobs are rising slower than the population which means more and more Americans are doomed to TSLS, Trump Shit Life Syndrome.

Trump and his sycophantic associates still don't understand that the economy and job quality has not recovered from the Bush depression that caused many new graduates to lose the opportunity to establish a career in a chosen profession and many had to settle for low-quality low pay jobs. Many of these unfortunate people have not recovered from this setback and won't under Trump's leadership.

Low-Wage Jobs are the New American Normal - Legal Reader

Low-Wage Jobs are the New American Normal
DAWN ALLEN — January 27, 2020

Low-wage workers make up nearly half of the American workforce, and many of them are the sole breadwinners for their families.

Last November, the Brookings Institution released a study concluding that nearly half of working age Americans are employed in low-wage jobs. They found that 53 million Americans between the ages of 18 and 64 earned a median wage of $10.22 per hour, or $18,000 per year.

The fact that 44% of the American workforce now finds itself in such a precarious economic situation might come as a surprise to those who imagine low-wage work to be the domain of teenagers, college students, the newly-hired, or those taking on side gigs for extra cash. Instead, these jobs are the main way that many people support their families, especially in smaller cities in the southern and western regions of the United States. 26% of low-wage earners are the sole breadwinners for their household, and another 25% live in households where all earners work in low-paying jobs.

Perhaps the most obvious solution to improving conditions for these workers is to provide education, retraining, and skill upgrades so that they qualify for better jobs. Indeed, 40% of low-wage workers between the ages of 25-64 have, at most, a high school diploma, while another 13% are young people without degrees who are not in school. That means, however, that nearly half of the workers in low-paying jobs already have higher levels of educational attainment.

Simply getting more education won’t cause jobs to magically appear, either. The Occupy movement was full of college-educated people who couldn’t find sufficient jobs to pay back crushing student debt. Perhaps it’s true that “they should have gotten STEM degrees,” (and not those pesky Women’s Studies or sociology majors) as those on the Libertarian/Conservative spectrum self-righteously preached in 2011, but remember how that sentiment morphed into right-wing trolls mocking laid-off “elite” journalists with the condescending mantra of “better learn to code, then” by 2019? (Besides, if everyone learned to code, it would become just another low-wage job.)

This is logical, and good.

High unemployment, is not when you have hundreds of surgeons and engineers and executives, unemployed.

Most unemployment is non-skilled workers.

Well... when the economy recovers, and people are put to work, just because the economy recovers doesn't mean a former burger flipper, is going to get a job in dentistry.

Unskilled people, when the economy recovers, are all going to get unskilled jobs. And unskilled jobs, are low-paying jobs.

Further, if debt is increasing, that's on you to stop spending money you don't have.

The solution is to get yourself a better job, and yes you can get a better job, or two jobs.

I would support Donald Trump resigning for a better job as long as he takes VP Mike Penis with him.

 

[Andylusion]

Welcome to the bogus economy and TSLS, Trump Shit Life Syndrome fueled by burgeoning debt and stoked by the First Loser.

You have to respect Donald Trump for being astute enough to recognize that the poorly-educated are a majority in US society and going after them.

Donald Trump is inflating the expectations of his howling mob by making promises he doesn't intend to keep and can't keep.

US debt has increased by $10,000 per worker during Trump's tenure while "53 million Americans between the ages of 18 and 64 earned a median wage of $10.22 per hour, or $18,000 per year" and have traveled backward. If Trump's debt trajectory continues, the 53 million Americans will soon have a net negative value as the debt balloons to stratospheric values.

The Donald Trump trajectory portends a horrendous recession which will make Lebanon and Zimbabwe look like desirable economic models.

Good jobs are rising slower than the population which means more and more Americans are doomed to TSLS, Trump Shit Life Syndrome.

Trump and his sycophantic associates still don't understand that the economy and job quality has not recovered from the Bush depression that caused many new graduates to lose the opportunity to establish a career in a chosen profession and many had to settle for low-quality low pay jobs. Many of these unfortunate people have not recovered from this setback and won't under Trump's leadership.

Low-Wage Jobs are the New American Normal - Legal Reader

Low-Wage Jobs are the New American Normal
DAWN ALLEN — January 27, 2020

Low-wage workers make up nearly half of the American workforce, and many of them are the sole breadwinners for their families.

Last November, the Brookings Institution released a study concluding that nearly half of working age Americans are employed in low-wage jobs. They found that 53 million Americans between the ages of 18 and 64 earned a median wage of $10.22 per hour, or $18,000 per year.

The fact that 44% of the American workforce now finds itself in such a precarious economic situation might come as a surprise to those who imagine low-wage work to be the domain of teenagers, college students, the newly-hired, or those taking on side gigs for extra cash. Instead, these jobs are the main way that many people support their families, especially in smaller cities in the southern and western regions of the United States. 26% of low-wage earners are the sole breadwinners for their household, and another 25% live in households where all earners work in low-paying jobs.

Perhaps the most obvious solution to improving conditions for these workers is to provide education, retraining, and skill upgrades so that they qualify for better jobs. Indeed, 40% of low-wage workers between the ages of 25-64 have, at most, a high school diploma, while another 13% are young people without degrees who are not in school. That means, however, that nearly half of the workers in low-paying jobs already have higher levels of educational attainment.

Simply getting more education won’t cause jobs to magically appear, either. The Occupy movement was full of college-educated people who couldn’t find sufficient jobs to pay back crushing student debt. Perhaps it’s true that “they should have gotten STEM degrees,” (and not those pesky Women’s Studies or sociology majors) as those on the Libertarian/Conservative spectrum self-righteously preached in 2011, but remember how that sentiment morphed into right-wing trolls mocking laid-off “elite” journalists with the condescending mantra of “better learn to code, then” by 2019? (Besides, if everyone learned to code, it would become just another low-wage job.)

This is logical, and good.

High unemployment, is not when you have hundreds of surgeons and engineers and executives, unemployed.

Most unemployment is non-skilled workers.

Well... when the economy recovers, and people are put to work, just because the economy recovers doesn't mean a former burger flipper, is going to get a job in dentistry.

Unskilled people, when the economy recovers, are all going to get unskilled jobs. And unskilled jobs, are low-paying jobs.

Further, if debt is increasing, that's on you to stop spending money you don't have.

The solution is to get yourself a better job, and yes you can get a better job, or two jobs.

I would support Donald Trump resigning for a better job as long as he takes VP Mike Penis with him.

Which doesn't change the fact that if any other president, Democrat or Republican, was in office and the unemployment rate fell, then the number of Americans in low-paying jobs would increase.

Again... if you want to reduce the number of Americans in low paying jobs, then all you need to do is wreck the economy (for example with socialist programs), and then most of the people who lost their jobs would be in the low-income sector... and by definition there would be fewer Americans in low paying jobs.

You are trying to attack Trump over something he has no control over. A booming economy, doesn't magically mean burger flippers are now qualified as surgeons. Low-skill people, get low skill jobs. That's how life works.

 

[Denizen]

Welcome to the bogus economy and TSLS, Trump Shit Life Syndrome fueled by burgeoning debt and stoked by the First Loser.

You have to respect Donald Trump for being astute enough to recognize that the poorly-educated are a majority in US society and going after them.

Donald Trump is inflating the expectations of his howling mob by making promises he doesn't intend to keep and can't keep.

US debt has increased by $10,000 per worker during Trump's tenure while "53 million Americans between the ages of 18 and 64 earned a median wage of $10.22 per hour, or $18,000 per year" and have traveled backward. If Trump's debt trajectory continues, the 53 million Americans will soon have a net negative value as the debt balloons to stratospheric values.

The Donald Trump trajectory portends a horrendous recession which will make Lebanon and Zimbabwe look like desirable economic models.

Good jobs are rising slower than the population which means more and more Americans are doomed to TSLS, Trump Shit Life Syndrome.

Trump and his sycophantic associates still don't understand that the economy and job quality has not recovered from the Bush depression that caused many new graduates to lose the opportunity to establish a career in a chosen profession and many had to settle for low-quality low pay jobs. Many of these unfortunate people have not recovered from this setback and won't under Trump's leadership.

Low-Wage Jobs are the New American Normal - Legal Reader

Low-Wage Jobs are the New American Normal
DAWN ALLEN — January 27, 2020

Low-wage workers make up nearly half of the American workforce, and many of them are the sole breadwinners for their families.

Last November, the Brookings Institution released a study concluding that nearly half of working age Americans are employed in low-wage jobs. They found that 53 million Americans between the ages of 18 and 64 earned a median wage of $10.22 per hour, or $18,000 per year.

The fact that 44% of the American workforce now finds itself in such a precarious economic situation might come as a surprise to those who imagine low-wage work to be the domain of teenagers, college students, the newly-hired, or those taking on side gigs for extra cash. Instead, these jobs are the main way that many people support their families, especially in smaller cities in the southern and western regions of the United States. 26% of low-wage earners are the sole breadwinners for their household, and another 25% live in households where all earners work in low-paying jobs.

Perhaps the most obvious solution to improving conditions for these workers is to provide education, retraining, and skill upgrades so that they qualify for better jobs. Indeed, 40% of low-wage workers between the ages of 25-64 have, at most, a high school diploma, while another 13% are young people without degrees who are not in school. That means, however, that nearly half of the workers in low-paying jobs already have higher levels of educational attainment.

Simply getting more education won’t cause jobs to magically appear, either. The Occupy movement was full of college-educated people who couldn’t find sufficient jobs to pay back crushing student debt. Perhaps it’s true that “they should have gotten STEM degrees,” (and not those pesky Women’s Studies or sociology majors) as those on the Libertarian/Conservative spectrum self-righteously preached in 2011, but remember how that sentiment morphed into right-wing trolls mocking laid-off “elite” journalists with the condescending mantra of “better learn to code, then” by 2019? (Besides, if everyone learned to code, it would become just another low-wage job.)

This is logical, and good.

High unemployment, is not when you have hundreds of surgeons and engineers and executives, unemployed.

Most unemployment is non-skilled workers.

Well... when the economy recovers, and people are put to work, just because the economy recovers doesn't mean a former burger flipper, is going to get a job in dentistry.

Unskilled people, when the economy recovers, are all going to get unskilled jobs. And unskilled jobs, are low-paying jobs.

Further, if debt is increasing, that's on you to stop spending money you don't have.

The solution is to get yourself a better job, and yes you can get a better job, or two jobs.

I would support Donald Trump resigning for a better job as long as he takes VP Mike Penis with him.

Which doesn't change the fact that if any other president, Democrat or Republican, was in office and the unemployment rate fell, then the number of Americans in low-paying jobs would increase.

Again... if you want to reduce the number of Americans in low paying jobs, then all you need to do is wreck the economy (for example with socialist programs), and then most of the people who lost their jobs would be in the low-income sector... and by definition there would be fewer Americans in low paying jobs.

You are trying to attack Trump over something he has no control over. A booming economy, doesn't magically mean burger flippers are now qualified as surgeons. Low-skill people, get low skill jobs. That's how life works.

You miss the point that many graduates and newly unemployed professionals lost opportunity for many years during the GFC to gain experience in their profession and accepted lower paying unsatisfactory jobs which may have disadvantaged them for future employment as a professional in their field of study. Some of these may have taken different career directions which they may never recover from.

I wonder how many of these are perpetually dissatisfied and have joined Trump's howling mob.

 

[keepitreal]

Federal Minimum Wage in 1981 and increases thereafter....

1981

• $3.35

1990(first increase since'81, pt1)

• $3.80
• 45¢

1991(2nd half of '90 increase)

• $4.25
• 45¢

1996(5 years since the last increase in '91)
(First scheduled increase)

• $4.75
• 50¢

1997(2nd scheduled increase ^)
(sub minimum wage of $4.75 an hr is established for employees under 20 years of age during their first 90 consecutive calendar days of employment with an employer.)

• $5.15
• 40¢

2007(10 years since the last increase in '97)
(Over 3 years, 1st installment)

• $5.85
• 70¢

2008(2nd installment)

• $6.55
• 70¢

2009(3rd installment)

• 7.25
• 70¢

2020

• $7.25
• There hasn't been an increase since '09, 11 years ago

There has been 7 increases to the federal minimum wage since 1981

Those 7 increases total $4.35

The 1990 increase would occur over 2 years, '90/'91

The 1996 increase would occur over 2 years, '96/'97

The last 2, in 2008 and 2009, were scheduled increments
from the increase and first installment in 2007

So, in all actuality, 2007 was the last increase and there has been
only 3 increases to the federal minimum wage since '81
for a total of $4.35


Rhonda lives in a rural area within a state
where the cost of living is low

In 1990, Rhonda was 20 when she started working for Bing Bang
as a full time employee, working 40 hrs a week, 1,920 hrs a year
In 1990, before taxes, she was making....
$152.00 a week
$608.00 a month
$7,296 a year

It is now 2020 and Rhonda is 50 years old
She still resides where she did 30 years ago
She happens to reside in 1 of the 21 states that has not enacted
state legislation increasing the mw beyond the federal mw of $7.25

She has been working for Bing Bang for 30 years now
There has been 6(3)fmw increases = $3.45 since she started in 1990
Now, in 2020, before taxes, she is making....
$290.00 a week
$1,160 a month
$13,920 a year

Over the course of 30 years, Rhonda's wages increased $3.45
After 30 years, she makes $6,624 more a year
than she did when she started in 1990

That amounts to....
$552 a month
$138 a week
$27.60 a day (5 days)


Congress Pay starting from 1987 and subsequent raises

1987

• $77,400 (House)
• $89,500 (Senators)

1990 (year Rhonda started working)

• $96,600 (House - $19,200 increase)
• $98,400 (Senators- $8,900 increase)

1991

• $125,100(House - $28,500 increase, $50 k in 2 years)
• $101,900(Senators- $3,500, 1/1)
• $125,100(Senators- $23,200, 8/14, $36 k in 2 years)

1992

• $129,500
• $4,400

1993

• $133,600
• $4,100

1998

• $136,700
• $3,100

2000

• $141,300
• $4,600

2001

• $145,100
• $3,800

2002

• $150,000
• $4,900

2003

• $154,700
• $4,700

2004

• $158,100
• $3,400

2005

• $162,100
• $4,000

2006

• $165,200
• $3,100

2008(Worst financial crisis since the Great Depression)
(Paulson/Bernanke need $700 billion to prevent Next GD)
(the original proposal excluded foreign banks,
but was revised to include foreign financial institutions)
(By 2009, they committed $7.7 Trillion to rescue bailout
the financial system themselves)
(bailout estimates, low $24 Trillion, high $63 Trillion)

• $169,300
• $4,100

2009(Congress enacted recovery plan
Obama signs it into law, $800 Billion for....
shovel ready jobs, cash for clunckers, Solyndra)

• $174,000
• $4,700

Congress has had 14 raises since 1987, beginning in 1990,
the same year Rhonda started working, fmw $3.80
The last being in 2009, as well, fmw $7.25

In 1987, House members made $77,400
Senators made $89,500
Federal Minimum Wage was $3.35

In 1990, 3 years later, the fmw was raised 90¢
and would occur over 2 years, '90/'91
So, in 1990, there was a 45¢ increase, fmw $3.80

In 1990, House members also enjoyed an increase
A $19,200 increase and were now making $96,600
Senators wages increased $8,900, now making $98,400

1991, the following year, fmw increase pt.2, 45¢, fmw $4.25
That same year, House members got another raise too
A $28,500 raise, now making $125,100...2 years, $47,700
Senators got 2 raises, $3,500 & $23,200= $26,700,
also making $125,100 now...2 years, $35,600

Federal Minimum Wage increased 90¢ the same 2 years
that Congress gave themselves a combined, $83,300 in raises
Federal Minimum Wage wouldn't see another increase for 5 years

But, in 1992, a year later, another raise for Congress, $4,400
Both Houses making $129,500

Again, 1993, a year later, another raise, $4,100
Both Houses making $133,600

Over the course of 6 years, 1987-1993
Congress gave themselves 4 increases totaling $91,800
Over the course of those same 6 years
Congress raised the minimum hourly wages
that companies had to pay certain workers, once, for 90¢ over 2 years

I say certain workers because Federal Minimum Wage laws
are different for disabled and tipped workers.

I knew wait staff made shit because of tips, but I didn't know
there were fmw laws that allow companies to pay
disabled people and teenagers less money per hour
than someone who is not disabled or older

From 1987-2009 wages for the House
increased $96,600 since 1990, Senators $84,500
And that's just for regular joe shmoe members

That amounts to...
$8,050 a month
$2,012 a week
for House members

$7,042 a month
$1,760 a week
for Senators

From 1987-2009, federal minimum wages
increased for certain workers $4.35

That amounts to...
A 20¢ increase every year since 1987
Less than 2¢ a month

In 2016, Democrats adopted the $15 minimum wage
as part of their party platform for that year’s elections.

3 years later.....

Jan 16 2019, 2 bills were introduced, 1 passed
1 passed the House with 205 sponsors, placed in the Senate
The other bill had 31 sponsors but hasn't passed the House
Who introduced the bill...Bernie Sanders, his came first

These mother fuckers are something else

I have clearly shown they don't fucking care
They want another raise themselves...
They haven't had an increase in 10 years(first introduced)

Boo hoo, cry me a fucking river

And Bernie....well, what I laid out speaks for itself

House Democrats propose
$4,500 pay raise for Congress


House votes to raise federal minimum wage

Congress is saying they need a $4,500 raise.

History of Federal Minimum Wage Rates

H.R.582 - Raise the Wage Act

S.150 - Raise the Wage Act

OP and Lysterine...FUCK OFF

 

[Grumblenuts]

You miss the point that many graduates and newly unemployed professionals lost opportunity for many years during the GFC to gain experience in their profession and accepted lower paying unsatisfactory jobs which may have disadvantaged them for future employment as a professional in their field of study. Some of these may have taken different career directions which they may never recover from.

I wonder how many of these are perpetually dissatisfied and have joined Trump's howling mob.

Perpetual dissatisfaction is part of being human, the biggest room in the world always being room for improvement. Something not to be confused with the ironic mewling regularly found all over this forum. Similar to big lugs exclusively picking on the small and weak, those here clearly blessed with having more than enough presuming to lecture and demand ever more free shit from those with little to nothing. The mental illness of greedy lemmings perpetually buying into the big con. Wealth accumulation equaling happiness, success, love,.. wait,... cliff approaching,.. uh oh, too late!,.. AAaaaa! Game over, man. Game over!

 

[Cellblock2429]

Conspicuous by its absence is your list proving my facts are wrong in this post. For your convenience, I will re-post it here, please point out the errors in my post. Not your rants and raves but show us the FACTS that I posted which are not true.

Thank you, thank you very much!

Steve Moore: Middle-class Incomes Surge More Than $5,000 Under Trump Economy
BY PETER VICENZI
10/07/2019

Steve Moore: Middle-class Incomes Surge More Than $5,000 Under Trump Economy | FreedomWorks

###

Younger and Minority Workers Lead
Wage Gains as Expansion Ages
Oct. 17, 2019, 8:59 AM

A tightening labor market with U.S. unemployment rate at a 50-year low is starting to result in higher wages for full-time workers, including younger people and minorities whose pay has lagged.

Median weekly earnings for Americans in the third quarter rose 3.6% to $919, outpacing inflation, the U.S. Labor Department reported Wednesday. Earnings for those aged 25 to 54, in their prime working years, rose by 5%, the fastest rate of growth in recent years.
Younger and Minority Workers Lead Wage Gains as Expansion Ages

###

USMCA: Agreement reached on Nafta trade deal replacement
10 December 2019

The US, Mexico and Canada have finalised a trade deal that will replace the 25-year-old North American Free Trade Agreement (Nafta).

Agreement reached on Nafta trade deal replacement

###

The November hiring surge pushed incomes for Americans higher last month.
by JOHN CARNEY
20 Dec 2019

Incomes rose by half a percentage point in November, above economists’ forecasts and much better than the soft readings in September and October. This was the strongest gain since July, according to data from the Commerce Department on Friday.

Consumer spending rose at a 0.4 percent annual rate last month, led by a jump in spending on big-ticket durable goods like autos and appliances.
The higher spending is not due to rising prices. Inflation, as measured by the Federal Reserve’s preferred price indicator, is still running well below the Fed’s 2 percent target. It came in at just 1.5 percent for November compared with a year ago.

And despite the rise in consumer spending, Americans are saving more. The saving rate edged up to 7.9 percent of after-tax income in November.

Christmas Cheer: Incomes Jumps Higher, Consumer Spending Soars

###

US-China phase 1 trade deal: Beijing agrees to buy $200 billion in US products
By Michelle Toh, CNN Business
11 hrs ago [Jan 16. 2020]

China has agreed to buy hundreds of billions of dollars worth of products from the United States as part of their "phase one" trade deal.

The agreement signed Wednesday will have Beijing purchase an additional $200 billion of US goods and services over the next two years.

The increase in purchases will be compared to 2017, before the trade war started. China imported over $185 billion in total US goods and services that year.

In exchange, Washington has agreed to reduce tariffs on $120 billion in Chinese products from 15% to 7.5%.

Taken together, the phased purchases by China would result in a dramatic surge in US exports. Total exports to China would increase to over $260 billion in 2020, and roughly $310 billion in 2021 if the deal holds

US-China phase 1 trade deal: Beijing agrees to buy $200 billion in US products

###

HAH! President Trump Invited Minnesota Hog Farmers to USMCA Signing Ceremony — But NOT Nancy Pelosi
by Jim Hoft January 29, 2020

President Trump signed the historic USMCA Trade Agreement on Wednesday at the White House.

The trade agreement replaces the disastrous NAFTA agreement signed into law during the Clinton years.
President Trump invited Minnesota Republicans and Minnesota hog farmers to the White House for the signing ceremony today.

HAH! President Trump Invited Minnesota Hog Farmers to USMCA Signing Ceremony -- But NOT Nancy Pelosi

###

More MAGA Winning: Gallup Poll Has NEVER Recorded This Level Of Economic Optimism
Written by K. Walker on February 6, 2020

[...]

Americans feel better about their personal financial situation than they did under Obama, Clinton, or even Reagan. This year-to-year number has been rising since 2018 and has hit a 44-year record high according to Gallup’s “Mood of the Nation” economic survey. Gallup reports that 59% of Americans — nearly six in 10 — say that they are better off financially than they were a year ago, which is up from 50% last year.

[...]

There has also been a sharp decline in the percentage of people who say that they are financially worse off than a year ago. Only 20% of Americans are stating that as their financial reality, and that is a record low.

[...]

More MAGA Winning: Gallup Poll Has NEVER Recorded This Level Of Economic Optimism

Come on Denizen, show us all the factual errors in my post.

Lots of partisan garbage. Only thing surging are deficits.

As you know, the deficits are not surging and neither is the debt when compared to the failed administration of President Barack Hussein Obama.

Deficits are surging and will top $ 1 trillion this year. They are likely to go further South as Trump is dreaming up more tax cuts to reduce government revenue while not reigning in spending.

If the coronavirus worsens the US economy will contract and tax revenue will fall further.

The US economy is being managed like a Trump casino with the house losing.

/----/ "Trump is dreaming up more tax cuts to reduce government revenue while not reigning in spending"
You Glittering Jewel of Colossal Ignorance.
The president can think up tax cuts all he wants, but only Congress can pass them. And only Congress can rein in spending. Now, who is in charge of Congress?

So it's Congress's fault that Donald Trump fantasizes tax cuts for the rich and then implements them?

/——/ You sound like an idiot. Only Congress can implement tax hikes or cuts.

 

[Grumblenuts]

How radical Republicans punish poor people
From trying to gut Medicare to overhauling government agencies, the party targets the country’s most vulnerable
{...}
The Trump government is sharpening its budget-cutting focus on the poorest and most vulnerable in the United States.

The party of The Haves. Cut, gut, and punish.. SSDD.

 

[Nostra]

If revenues went up, they paid for themselves.

They went up less than they would have without the cuts. The rate of increase dropped to nothing. We have trillion dollar deficits in strong economy, worst possible situation.

Maybe the libs will get in and we'll have even larger deficits in a collapsing economy? That might be worse , no?

Trump increased Obama’s deficits. Bush ruined a balanced budget. Reagan tripled the debt. Repubs are bad.

Barry Hussein almost ran up as much debt in 8 years as all other Presidents, combined.

And then trump increased Obama deficits.

Obama handed off increasing deficits.

• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit
• 2014 - $514 billion budget deficit

US Budget Deficit by Year Since 1969

 

[Brain357]

They went up less than they would have without the cuts. The rate of increase dropped to nothing. We have trillion dollar deficits in strong economy, worst possible situation.

Maybe the libs will get in and we'll have even larger deficits in a collapsing economy? That might be worse , no?

Trump increased Obama’s deficits. Bush ruined a balanced budget. Reagan tripled the debt. Repubs are bad.

Barry Hussein almost ran up as much debt in 8 years as all other Presidents, combined.

And then trump increased Obama deficits.

Obama handed off increasing deficits.

Yeah mildly increased his last year. Then drastically increased with trump.

 

[Nostra]

Look at the numbers. You live under a rock?

I live under a rock? Yeah, let's look at the numbers.

Do you notice when there was almost no gain?

Revenues increased, so explain how that increased the deficit.

 

[Nostra]

Revenues go up every year when we are not in recession. The rate they went up flattened out rather than grew. Probably would have gone down if not for his new tariff taxes.

If revenues went up, they paid for themselves.

They went up less than they would have without the cuts. The rate of increase dropped to nothing. We have trillion dollar deficits in strong economy, worst possible situation.

Maybe the libs will get in and we'll have even larger deficits in a collapsing economy? That might be worse , no?

Trump increased Obama’s deficits. Bush ruined a balanced budget. Reagan tripled the debt. Repubs are bad.

Bush ruined a balanced budget.

Because Clinton's Internet Bubble was going to continue forever?

Clinton handed off a mild recession to Bush.

9/11 had a huge impact on the economy as well.

 

[Nostra]

Federal Minimum Wage in 1981 and increases thereafter....

1981

• $3.35

1990(first increase since'81, pt1)

• $3.80
• 45¢

1991(2nd half of '90 increase)

• $4.25
• 45¢

1996(5 years since the last increase in '91)
(First scheduled increase)

• $4.75
• 50¢

1997(2nd scheduled increase ^)
(sub minimum wage of $4.75 an hr is established for employees under 20 years of age during their first 90 consecutive calendar days of employment with an employer.)

• $5.15
• 40¢

2007(10 years since the last increase in '97)
(Over 3 years, 1st installment)

• $5.85
• 70¢

2008(2nd installment)

• $6.55
• 70¢

2009(3rd installment)

• 7.25
• 70¢

2020

• $7.25
• There hasn't been an increase since '09, 11 years ago

There has been 7 increases to the federal minimum wage since 1981

Those 7 increases total $4.35

The 1990 increase would occur over 2 years, '90/'91

The 1996 increase would occur over 2 years, '96/'97

The last 2, in 2008 and 2009, were scheduled increments
from the increase and first installment in 2007

So, in all actuality, 2007 was the last increase and there has been
only 3 increases to the federal minimum wage since '81
for a total of $4.35


Rhonda lives in a rural area within a state
where the cost of living is low

In 1990, Rhonda was 20 when she started working for Bing Bang
as a full time employee, working 40 hrs a week, 1,920 hrs a year
In 1990, before taxes, she was making....
$152.00 a week
$608.00 a month
$7,296 a year

It is now 2020 and Rhonda is 50 years old
She still resides where she did 30 years ago
She happens to reside in 1 of the 21 states that has not enacted
state legislation increasing the mw beyond the federal mw of $7.25

She has been working for Bing Bang for 30 years now
There has been 6(3)fmw increases = $3.45 since she started in 1990
Now, in 2020, before taxes, she is making....
$290.00 a week
$1,160 a month
$13,920 a year

Over the course of 30 years, Rhonda's wages increased $3.45
After 30 years, she makes $6,624 more a year
than she did when she started in 1990

That amounts to....
$552 a month
$138 a week
$27.60 a day (5 days)


Congress Pay starting from 1987 and subsequent raises

1987

• $77,400 (House)
• $89,500 (Senators)

1990 (year Rhonda started working)

• $96,600 (House - $19,200 increase)
• $98,400 (Senators- $8,900 increase)

1991

• $125,100(House - $28,500 increase, $50 k in 2 years)
• $101,900(Senators- $3,500, 1/1)
• $125,100(Senators- $23,200, 8/14, $36 k in 2 years)

1992

• $129,500
• $4,400

1993

• $133,600
• $4,100

1998

• $136,700
• $3,100

2000

• $141,300
• $4,600

2001

• $145,100
• $3,800

2002

• $150,000
• $4,900

2003

• $154,700
• $4,700

2004

• $158,100
• $3,400

2005

• $162,100
• $4,000

2006

• $165,200
• $3,100

2008(Worst financial crisis since the Great Depression)
(Paulson/Bernanke need $700 billion to prevent Next GD)
(the original proposal excluded foreign banks,
but was revised to include foreign financial institutions)
(By 2009, they committed $7.7 Trillion to rescue bailout
the financial system themselves)
(bailout estimates, low $24 Trillion, high $63 Trillion)

• $169,300
• $4,100

2009(Congress enacted recovery plan
Obama signs it into law, $800 Billion for....
shovel ready jobs, cash for clunckers, Solyndra)

• $174,000
• $4,700

Congress has had 14 raises since 1987, beginning in 1990,
the same year Rhonda started working, fmw $3.80
The last being in 2009, as well, fmw $7.25

In 1987, House members made $77,400
Senators made $89,500
Federal Minimum Wage was $3.35

In 1990, 3 years later, the fmw was raised 90¢
and would occur over 2 years, '90/'91
So, in 1990, there was a 45¢ increase, fmw $3.80

In 1990, House members also enjoyed an increase
A $19,200 increase and were now making $96,600
Senators wages increased $8,900, now making $98,400

1991, the following year, fmw increase pt.2, 45¢, fmw $4.25
That same year, House members got another raise too
A $28,500 raise, now making $125,100...2 years, $47,700
Senators got 2 raises, $3,500 & $23,200= $26,700,
also making $125,100 now...2 years, $35,600

Federal Minimum Wage increased 90¢ the same 2 years
that Congress gave themselves a combined, $83,300 in raises
Federal Minimum Wage wouldn't see another increase for 5 years

But, in 1992, a year later, another raise for Congress, $4,400
Both Houses making $129,500

Again, 1993, a year later, another raise, $4,100
Both Houses making $133,600

Over the course of 6 years, 1987-1993
Congress gave themselves 4 increases totaling $91,800
Over the course of those same 6 years
Congress raised the minimum hourly wages
that companies had to pay certain workers, once, for 90¢ over 2 years

I say certain workers because Federal Minimum Wage laws
are different for disabled and tipped workers.

I knew wait staff made shit because of tips, but I didn't know
there were fmw laws that allow companies to pay
disabled people and teenagers less money per hour
than someone who is not disabled or older

From 1987-2009 wages for the House
increased $96,600 since 1990, Senators $84,500
And that's just for regular joe shmoe members

That amounts to...
$8,050 a month
$2,012 a week
for House members

$7,042 a month
$1,760 a week
for Senators

From 1987-2009, federal minimum wages
increased for certain workers $4.35

That amounts to...
A 20¢ increase every year since 1987
Less than 2¢ a month

In 2016, Democrats adopted the $15 minimum wage
as part of their party platform for that year’s elections.

3 years later.....

Jan 16 2019, 2 bills were introduced, 1 passed
1 passed the House with 205 sponsors, placed in the Senate
The other bill had 31 sponsors but hasn't passed the House
Who introduced the bill...Bernie Sanders, his came first

These mother fuckers are something else

I have clearly shown they don't fucking care
They want another raise themselves...
They haven't had an increase in 10 years(first introduced)

Boo hoo, cry me a fucking river

And Bernie....well, what I laid out speaks for itself

House Democrats propose
$4,500 pay raise for Congress


House votes to raise federal minimum wage

Congress is saying they need a $4,500 raise.

History of Federal Minimum Wage Rates

H.R.582 - Raise the Wage Act

S.150 - Raise the Wage Act

OP and Lysterine...FUCK OFF

If you think the minimum wage is supposed to support a family of 4, you must be a Dimsocialist.

 

[Nostra]

Maybe the libs will get in and we'll have even larger deficits in a collapsing economy? That might be worse , no?

Trump increased Obama’s deficits. Bush ruined a balanced budget. Reagan tripled the debt. Repubs are bad.

Barry Hussein almost ran up as much debt in 8 years as all other Presidents, combined.

And then trump increased Obama deficits.

Obama handed off increasing deficits.

Yeah mildly increased his last year. Then drastically increased with trump.

Lies.

• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit

US Budget Deficit by Year Since 1969

 

[Denizen]

Lots of partisan garbage. Only thing surging are deficits.

As you know, the deficits are not surging and neither is the debt when compared to the failed administration of President Barack Hussein Obama.

Deficits are surging and will top $ 1 trillion this year. They are likely to go further South as Trump is dreaming up more tax cuts to reduce government revenue while not reigning in spending.

If the coronavirus worsens the US economy will contract and tax revenue will fall further.

The US economy is being managed like a Trump casino with the house losing.

/----/ "Trump is dreaming up more tax cuts to reduce government revenue while not reigning in spending"
You Glittering Jewel of Colossal Ignorance.
The president can think up tax cuts all he wants, but only Congress can pass them. And only Congress can rein in spending. Now, who is in charge of Congress?

So it's Congress's fault that Donald Trump fantasizes tax cuts for the rich and then implements them?

/——/ You sound like an idiot. Only Congress can implement tax hikes or cuts.

That's the voice in your head telling you to follow the orange buffoon. Try to keep up with the Trump howling mob.

 

[Polishprince]

Federal Minimum Wage in 1981 and increases thereafter....

1981

• $3.35

1990(first increase since'81, pt1)

• $3.80
• 45¢

1991(2nd half of '90 increase)

• $4.25
• 45¢

1996(5 years since the last increase in '91)
(First scheduled increase)

• $4.75
• 50¢

1997(2nd scheduled increase ^)
(sub minimum wage of $4.75 an hr is established for employees under 20 years of age during their first 90 consecutive calendar days of employment with an employer.)

• $5.15
• 40¢

2007(10 years since the last increase in '97)
(Over 3 years, 1st installment)

• $5.85
• 70¢

2008(2nd installment)

• $6.55
• 70¢

2009(3rd installment)

• 7.25
• 70¢

2020

• $7.25
• There hasn't been an increase since '09, 11 years ago

There has been 7 increases to the federal minimum wage since 1981

Those 7 increases total $4.35

The 1990 increase would occur over 2 years, '90/'91

The 1996 increase would occur over 2 years, '96/'97

The last 2, in 2008 and 2009, were scheduled increments
from the increase and first installment in 2007

So, in all actuality, 2007 was the last increase and there has been
only 3 increases to the federal minimum wage since '81
for a total of $4.35


Rhonda lives in a rural area within a state
where the cost of living is low

In 1990, Rhonda was 20 when she started working for Bing Bang
as a full time employee, working 40 hrs a week, 1,920 hrs a year
In 1990, before taxes, she was making....
$152.00 a week
$608.00 a month
$7,296 a year

It is now 2020 and Rhonda is 50 years old
She still resides where she did 30 years ago
She happens to reside in 1 of the 21 states that has not enacted
state legislation increasing the mw beyond the federal mw of $7.25

She has been working for Bing Bang for 30 years now
There has been 6(3)fmw increases = $3.45 since she started in 1990
Now, in 2020, before taxes, she is making....
$290.00 a week
$1,160 a month
$13,920 a year

Over the course of 30 years, Rhonda's wages increased $3.45
After 30 years, she makes $6,624 more a year
than she did when she started in 1990

That amounts to....
$552 a month
$138 a week
$27.60 a day (5 days)


Congress Pay starting from 1987 and subsequent raises

1987

• $77,400 (House)
• $89,500 (Senators)

1990 (year Rhonda started working)

• $96,600 (House - $19,200 increase)
• $98,400 (Senators- $8,900 increase)

1991

• $125,100(House - $28,500 increase, $50 k in 2 years)
• $101,900(Senators- $3,500, 1/1)
• $125,100(Senators- $23,200, 8/14, $36 k in 2 years)

1992

• $129,500
• $4,400

1993

• $133,600
• $4,100

1998

• $136,700
• $3,100

2000

• $141,300
• $4,600

2001

• $145,100
• $3,800

2002

• $150,000
• $4,900

2003

• $154,700
• $4,700

2004

• $158,100
• $3,400

2005

• $162,100
• $4,000

2006

• $165,200
• $3,100

2008(Worst financial crisis since the Great Depression)
(Paulson/Bernanke need $700 billion to prevent Next GD)
(the original proposal excluded foreign banks,
but was revised to include foreign financial institutions)
(By 2009, they committed $7.7 Trillion to rescue bailout
the financial system themselves)
(bailout estimates, low $24 Trillion, high $63 Trillion)

• $169,300
• $4,100

2009(Congress enacted recovery plan
Obama signs it into law, $800 Billion for....
shovel ready jobs, cash for clunckers, Solyndra)

• $174,000
• $4,700

Congress has had 14 raises since 1987, beginning in 1990,
the same year Rhonda started working, fmw $3.80
The last being in 2009, as well, fmw $7.25

In 1987, House members made $77,400
Senators made $89,500
Federal Minimum Wage was $3.35

In 1990, 3 years later, the fmw was raised 90¢
and would occur over 2 years, '90/'91
So, in 1990, there was a 45¢ increase, fmw $3.80

In 1990, House members also enjoyed an increase
A $19,200 increase and were now making $96,600
Senators wages increased $8,900, now making $98,400

1991, the following year, fmw increase pt.2, 45¢, fmw $4.25
That same year, House members got another raise too
A $28,500 raise, now making $125,100...2 years, $47,700
Senators got 2 raises, $3,500 & $23,200= $26,700,
also making $125,100 now...2 years, $35,600

Federal Minimum Wage increased 90¢ the same 2 years
that Congress gave themselves a combined, $83,300 in raises
Federal Minimum Wage wouldn't see another increase for 5 years

But, in 1992, a year later, another raise for Congress, $4,400
Both Houses making $129,500

Again, 1993, a year later, another raise, $4,100
Both Houses making $133,600

Over the course of 6 years, 1987-1993
Congress gave themselves 4 increases totaling $91,800
Over the course of those same 6 years
Congress raised the minimum hourly wages
that companies had to pay certain workers, once, for 90¢ over 2 years

I say certain workers because Federal Minimum Wage laws
are different for disabled and tipped workers.

I knew wait staff made shit because of tips, but I didn't know
there were fmw laws that allow companies to pay
disabled people and teenagers less money per hour
than someone who is not disabled or older

From 1987-2009 wages for the House
increased $96,600 since 1990, Senators $84,500
And that's just for regular joe shmoe members

That amounts to...
$8,050 a month
$2,012 a week
for House members

$7,042 a month
$1,760 a week
for Senators

From 1987-2009, federal minimum wages
increased for certain workers $4.35

That amounts to...
A 20¢ increase every year since 1987
Less than 2¢ a month

In 2016, Democrats adopted the $15 minimum wage
as part of their party platform for that year’s elections.

3 years later.....

Jan 16 2019, 2 bills were introduced, 1 passed
1 passed the House with 205 sponsors, placed in the Senate
The other bill had 31 sponsors but hasn't passed the House
Who introduced the bill...Bernie Sanders, his came first

These mother fuckers are something else

I have clearly shown they don't fucking care
They want another raise themselves...
They haven't had an increase in 10 years(first introduced)

Boo hoo, cry me a fucking river

And Bernie....well, what I laid out speaks for itself

House Democrats propose
$4,500 pay raise for Congress


House votes to raise federal minimum wage

Congress is saying they need a $4,500 raise.

History of Federal Minimum Wage Rates

H.R.582 - Raise the Wage Act

S.150 - Raise the Wage Act

OP and Lysterine...FUCK OFF

If you think the minimum wage is supposed to support a family of 4, you must be a Dimsocialist.

That's the biggest line of bullshit there is, really. I earned the minimum wage in high school as a Pump Man for the Exxon Corporation. It wasn't a job for a family man then, and it still ain't. Why is this even brought up and talked about by libtards?

 

[Brain357]

Look at the numbers. You live under a rock?

I live under a rock? Yeah, let's look at the numbers.

Do you notice when there was almost no gain?

Revenues increased, so explain how that increased the deficit.

Yes it barely increased when it should have increased a lot due to strong economy. Are you really this slow? Then he increased military spending drastically. The right doesn’t seem to understand simple math.

 

[Denizen]

They went up less than they would have without the cuts. The rate of increase dropped to nothing. We have trillion dollar deficits in strong economy, worst possible situation.

Maybe the libs will get in and we'll have even larger deficits in a collapsing economy? That might be worse , no?

Trump increased Obama’s deficits. Bush ruined a balanced budget. Reagan tripled the debt. Repubs are bad.

Barry Hussein almost ran up as much debt in 8 years as all other Presidents, combined.

And then trump increased Obama deficits.

Obama handed off increasing deficits.

• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit
• 2014 - $514 billion budget deficit

US Budget Deficit by Year Since 1969

Obama has been Trumped by $ Trillion deficits and rising. Donald Trump doesn't appear to understand that cutting taxes increases the deficit.

 

[Polishprince]

Look at the numbers. You live under a rock?

I live under a rock? Yeah, let's look at the numbers.

Do you notice when there was almost no gain?

Revenues increased, so explain how that increased the deficit.

Yes it barely increased when it should have increased a lot due to strong economy. Are you really this slow? Then he increased military spending drastically. The right doesn’t seem to understand simple math.

America's military was in bad shape when President Trump was elected,bringing it back up to snuff was a key part of his campaign.

Where we were pathetic under B. Hussein O, America now has a very formidable military under our new Commander in Chief.

 

[Nostra]

Look at the numbers. You live under a rock?

I live under a rock? Yeah, let's look at the numbers.

Do you notice when there was almost no gain?

Revenues increased, so explain how that increased the deficit.

Yes it barely increased when it should have increased a lot due to strong economy. Are you really this slow? Then he increased military spending drastically. The right doesn’t seem to understand simple math.

Dodge noted.

 

[Nostra]

Maybe the libs will get in and we'll have even larger deficits in a collapsing economy? That might be worse , no?

Trump increased Obama’s deficits. Bush ruined a balanced budget. Reagan tripled the debt. Repubs are bad.

Barry Hussein almost ran up as much debt in 8 years as all other Presidents, combined.

And then trump increased Obama deficits.

Obama handed off increasing deficits.

• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit
• 2014 - $514 billion budget deficit

US Budget Deficit by Year Since 1969

Obama has been Trumped by $ Trillion deficits and rising. Donald Trump doesn't appear to understand that cutting taxes increases the deficit.

Revenues went up. How does more revenue increase deficits?