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Average Income Lower Than Previous Year


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This is the deal: If unemployment had been cut in half since 2009 like the administration has been telling us with their cooked books, then wages would have naturally gone up. Wages are not going to go down as unemployment is going down. Just another lie by this administration.

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the "problem" is that this result is by design. our business laws, institutions, election laws and yes, even our tax system makes such an outcome almost a necessity…oh, wait, i think there's a highly debated book about just that. http://www.amazon.com/Capital-Twenty-First-Century-Thomas-Piketty/dp/1491534656

 

"It seems safe to say that Capital in the Twenty-First Century, the magnum opus of the French economist Thomas Piketty, will be the most important economics book of the year—and maybe of the decade"

 

i strongly suspect that if you further broke down the top quintile into deciles, most of the increases would be seen at the very top.

Edited by birdog1960
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the "problem" is that this result is by design. our business laws, institutions, election laws and yes, even our tax system makes such an outcome almost a necessity…oh, wait, i think there's a highly debated book about just that. http://www.amazon.com/Capital-Twenty-First-Century-Thomas-Piketty/dp/1491534656

 

"It seems safe to say that Capital in the Twenty-First Century, the magnum opus of the French economist Thomas Piketty, will be the most important economics book of the year—and maybe of the decade"

 

i strongly suspect that if you further broke down the top quintile into deciles, most of the increases would be seen at the very top.

When I got to this I thought you were joking. Are you?

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The level of macro and micro economics in this thread is enlightening

 

Since BO is not going to make things better what are the GOP' plans to restore middle class income growth?

 

Seriously. Lets forecast that Jeb or Scott wins and the GOP wins 60 seats in the Senate.....what could we expect that would help middle class income growth and deeper employment?

Edited by baskin
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The level of macro and micro economics in this thread is enlightening

 

Since BO is not going to make things better what are the GOP' Hilary's plans to restore middle class income growth?

 

Seriously. Lets forecast that Jeb or Scott Hilary wins and the GOP wins 60 seats in the Senate Democrats retake Congress.....what could we expect that would help middle class income growth and deeper employment?

Right back at you

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Right back at you

I dont want Hillary. You just confirmed my thoughts that the GOP really doesn't have any good ideas. I even read the GOP platform today and it had no ideas.

 

I think you are fooling yourself if you think POTUS has a big effect on middle class income. The effects of global competition, internet, computers, worker effeciency gains all far outweigh what either the GOP or BO could do to change these dynamics.

Todays economic structure does not b ode well for the middle class.

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I dont want Hillary. You just confirmed my thoughts that the GOP really doesn't have any good ideas. I even read the GOP platform today and it had no ideas.

 

I think you are fooling yourself if you think POTUS has a big effect on middle class income. The effects of global competition, internet, computers, worker effeciency gains all far outweigh what either the GOP or BO could do to change these dynamics.

Todays economic structure does not b ode well for the middle class.

 

You seem to think that most libertarian and right-leaning people here automatically support the republicans, but you'd know if you read more of what's being said around here that most consider the republican party to be only slightly less crappy than the democrats, and not much of an alternative at all.

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You seem to think believe that most libertarian and right-leaning people here automatically support the republicans, but you'd know if you read more of what's being said around here that most consider the republican party to be only slightly less crappy than the democrats, and not much of an alternative at all.

 

Fixed.

 

Our LLL's don't think.

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You seem to think believe feel that most libertarian and right-leaning people here automatically support the republicans, but you'd know if you read more of what's being said around here that most consider the republican party to be only slightly less crappy than the democrats, and not much of an alternative at all.

 

 

 

Fixed.

 

Our LLL's don't think.

 

Thanks, but now that I see my mistake, I noticed you made one too. 'Belief' requires conviction on the part of the individual, where 'feel' implies emotion and no actual thought at all.

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Thanks, but now that I see my mistake, I noticed you made one too. 'Belief' requires conviction on the part of the individual, where 'feel' implies emotion and no actual thought at all.

 

No, I can make a pretty strong case that they have conviction.

 

It's any sense of reality they lack.

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I dont want Hillary. You just confirmed my thoughts that the GOP really doesn't have any good ideas. I even read the GOP platform today and it had no ideas.

 

I think you are fooling yourself if you think POTUS has a big effect on middle class income. The effects of global competition, internet, computers, worker effeciency gains all far outweigh what either the GOP or BO could do to change these dynamics.

Todays economic structure does not b ode well for the middle class.

The Dems don't have any good ideas and we've seen the unfortunate result of that these past 6 years. So to vote Dem again in 2016 would be akin to Einstein's definition of insanity.

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I just had an epiphany. If only those do nothing Repubs would pass a pipeline bill or express an interest in opening up federal lands for fossil fuel exploration, maybe we as a country could use cheap energy to build our manufacturing base back up. Oh my gosh, I'm having another one. Do epiphanies come in twos? They must or spellcheck would have flagged "epiphanies". Would reducing our corporate tax rate encourage more corporations to headquarter in the U.S ? Just a wild thought that probably no one has ever thought of before. Uh oh, an idea is forming and it isn't quite clear yet but it seems to have something to do with less restrictive regulations and rolling back some 2700 page federal bill that tells people they have to buy something and companies have to provide it, or make their employees work less than 30 hours per week. Oh boy, I just can't put my finger on it and three epiphanies have made me as weak as Oda Mae Brown after she let Sam posses her. I'll rest and see if that helps me put a finger on it and maybe some others too.

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The level of macro and micro economics in this thread is enlightening

 

Since BO is not going to make things better what are the GOP' plans to restore middle class income growth?

 

Seriously. Lets forecast that Jeb or Scott wins and the GOP wins 60 seats in the Senate.....what could we expect that would help middle class income growth and deeper employment?

Relying on the government to find a fix is a liberal point of view.

 

The Conservative answer is to get government out of the way and let the economy grow. Trying to force a form of social justice (ie "help the middle class" specifically to the detriment of everything else) creates inefficiencies that drag the whole system down.

 

The Potus may not have much power in improving the middle class, but he can do a lot of damage to it.

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I just had an epiphany. If only those do nothing Repubs would pass a pipeline bill or express an interest in opening up federal lands for fossil fuel exploration, maybe we as a country could use cheap energy to build our manufacturing base back up. Oh my gosh, I'm having another one. Do epiphanies come in twos? They must or spellcheck would have flagged "epiphanies". Would reducing our corporate tax rate encourage more corporations to headquarter in the U.S ? Just a wild thought that probably no one has ever thought of before. Uh oh, an idea is forming and it isn't quite clear yet but it seems to have something to do with less restrictive regulations and rolling back some 2700 page federal bill that tells people they have to buy something and companies have to provide it, or make their employees work less than 30 hours per week. Oh boy, I just can't put my finger on it and three epiphanies have made me as weak as Oda Mae Brown after she let Sam posses her. I'll rest and see if that helps me put a finger on it and maybe some others too.

I would say that the above has either no effect (kxl) or unmeasureable effect on middle income wages compared to global compettion, global sourcing and technolgical labor replacement.

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