Home · Maps · About

Home > OTChat

[ Post a New Response | Return to the Index ]

(1226446)

view threaded

Five Years Of Recovery Haven’t Boosted The Median Household Income

Posted by Dand124 on Tue Sep 16 16:26:37 2014

fiogf49gjkf0d
http://fivethirtyeight.com/datalab/five-years-of-recovery-havent-boosted-the-median-household-income/

Post a New Response

(1226450)

view threaded

Re: Five Years Of Recovery Haven’t Boosted The Median Household Income

Posted by bingbong on Tue Sep 16 16:44:52 2014, in response to Five Years Of Recovery Haven’t Boosted The Median Household Income, posted by Dand124 on Tue Sep 16 16:26:37 2014.

fiogf49gjkf0d
That's because the RW is consistently working to keep the cost of labor low, claiming that raising wages is somehow inflationary. If ya ask me, I think it's because they think higher wages will erode their profits somehow, as if a well paid workforce will somehow be less productive or something.

Post a New Response

(1226451)

view threaded

Re: Five Years Of Recovery Haven’t Boosted The Median Household Income

Posted by SelkirkTMO on Tue Sep 16 16:48:41 2014, in response to Re: Five Years Of Recovery Haven’t Boosted The Median Household Income, posted by bingbong on Tue Sep 16 16:44:52 2014.

fiogf49gjkf0d
Or be able to buy more of their stuff. Even Henry Ford figured THAT one out. :-\

Post a New Response

(1226502)

view threaded

Re: Five Years Of Recovery Haven’t Boosted The Median Household Income

Posted by Dave on Tue Sep 16 19:04:41 2014, in response to Re: Five Years Of Recovery Haven’t Boosted The Median Household Income, posted by bingbong on Tue Sep 16 16:44:52 2014.

fiogf49gjkf0d


Post a New Response

(1226505)

view threaded

Re: Five Years Of Recovery Haven’t Boosted The Median Household Income

Posted by Nilet on Tue Sep 16 19:08:24 2014, in response to Re: Five Years Of Recovery Haven’t Boosted The Median Household Income, posted by SelkirkTMO on Tue Sep 16 16:48:41 2014.

fiogf49gjkf0d
Yes, but you're assuming the 1% care specifically about their own net worth in terms of numbers.

It seems increasingly the case that the 1% care about their relative net worth in terms of practicality— having $10 billion is not meaningfully different from having $5 billion, but being a billionaire as opposed to an impoverished serf is distinctly better than being a billionaire as opposed to a comfortably middle class employee.

Post a New Response

(1226522)

view threaded

Re: Five Years Of Recovery Haven’t Boosted The Median Household Income

Posted by SelkirkTMO on Tue Sep 16 19:38:07 2014, in response to Re: Five Years Of Recovery Haven’t Boosted The Median Household Income, posted by Nilet on Tue Sep 16 19:08:24 2014.

fiogf49gjkf0d
Of course ... they who have the most toys win. :)

Post a New Response

(1226528)

view threaded

Re: Five Years Of Recovery Haven’t Boosted The Median Household Income

Posted by Train Dude on Tue Sep 16 19:42:46 2014, in response to Re: Five Years Of Recovery Haven’t Boosted The Median Household Income, posted by bingbong on Tue Sep 16 16:44:52 2014.

fiogf49gjkf0d
Geez even Petula Clark sang more than one fucking song.

Post a New Response

(1226587)

view threaded

Re: Five Years Of Recovery Haven’t Boosted The Median Household Income

Posted by bingbong on Tue Sep 16 22:41:34 2014, in response to Re: Five Years Of Recovery Haven’t Boosted The Median Household Income, posted by Train Dude on Tue Sep 16 19:42:46 2014.

fiogf49gjkf0d
LOL! Meanwhile, you've been hitting one NOTE for years. In the key of BLAT no less.

Post a New Response

(1226588)

view threaded

Re: Five Years Of Recovery Haven’t Boosted The Median Household Income

Posted by salaamallah@hotmail.com on Tue Sep 16 22:46:03 2014, in response to Re: Five Years Of Recovery Haven’t Boosted The Median Household Income, posted by bingbong on Tue Sep 16 16:44:52 2014.

fiogf49gjkf0d
IAWTP

Post a New Response


[ Return to the Message Index ]