 
     |
| Interesting read on salaries (Page 1/2) |
|
MidEngineManiac
|
OCT 13, 08:03 PM
|
|
|
|
Raydar
|
OCT 13, 08:59 PM
|
|
I'm using an ad blocker, so they won't let me look..
Eff 'em. Don't care enough to get my bowels in an uproar about it.
|
|
|
|
MidEngineManiac
|
OCT 13, 09:08 PM
|
|
|
In a nutshell, if salaries had followed growth at the same curve over the past 40-45 years, the average would be 102K instead of median 50.
|
|
|
|
sourmash
|
OCT 13, 09:46 PM
|
|
|
I like the attitude of, It's not what you make. It's what you keep.
|
|
|
|
randye
|
OCT 13, 09:54 PM
|
|
| quote | Originally posted by MidEngineManiac:
In a nutshell, if salaries had followed growth at the same curve over the past 40-45 years, the average would be 102K instead of median 50. |
|
....and inflation would have been insane.
It's just another Marxist Business Insider "the world isn't fair", resentment article.
|
|
|
|
MidEngineManiac
|
OCT 13, 10:17 PM
|
|
| quote | Originally posted by randye:
....and inflation would have been insane.
It's just another Marxist Business Insider "the world isn't fair", resentment article. |
|
Yup. Right now there is an INSANE push for UBI here @ 2k/mo/person. NONE of 'em seem to realize what an extra 2k in everybody's pocket will do to prices. Not the sharpest tacks in the box.
|
|
|
|
sourmash
|
OCT 14, 08:40 AM
|
|
|
Central banks love debt. The privately owned member banks making up the US Federal Reserve love getting larger and larger profits from the debt forced on the taxpayers here.
|
|
|
|
Hank is Here
|
OCT 14, 09:03 AM
|
|
| quote | Originally posted by randye:
It's just another Marxist Business Insider "the world isn't fair", resentment article. |
|
Actually I see it as "the US isn't fair" article. They acknowledge the growth of other economies by saying wage growth over their parents is more likely than not, whereas in the US it is just a 50/50 proposition. So if the median salary (Note they don't state wage, so I assume they are referring to white color jobs rahter than blue color) . Can you imagine what hte unemployment rate would be if the median wage in the US were 100K?
Its globalization helping supress wages, plain and simple
|
|
|
|
rinselberg
|
OCT 14, 11:47 AM
|
|
I'm tempted to say that Globalization also tends to reduce the price for many wholesale and retail products and services for the U.S. consumer.
Would that be wrong?
|
|
|
|
williegoat
|
OCT 14, 12:20 PM
|
|
| quote | Originally posted by rinselberg:
I'm tempted to say that Globalization also tends to reduce the price for many wholesale and retail products and services for the U.S. consumer.
Would that be wrong? |
|
Without trade balance, that would be wrong. It suppresses US employment, wages and standard of living.
Done right, global trade can raise the standard of living around the world, and that would be a good thing.
|
|
|
