http://www.nbcnews.com/feature/in-plain-...ca-n291741

But even with more education, working 18-to-34 year old adults are earning less than they did 15 years ago. Since 2000, real wages for people in that age group have fallen by a full 10 percent, according to Census data. Lower pay is not just a by-product of the most recent economic downturn. As corporate profits and productivity have increased in recent decades, wages for most workers have not kept pace. That means a shift in what kind of life workers can afford.

NYC - DC axis. We have become financial engineers with capital flowing to this axis. They work together significantly more than they do for the rest of the country

(03-16-2015 12:46 PM)BobL Wrote:  http://www.nbcnews.com/feature/in-plain-...ca-n291741

But even with more education, working 18-to-34 year old adults are earning less than they did 15 years ago. Since 2000, real wages for people in that age group have fallen by a full 10 percent, according to Census data. Lower pay is not just a by-product of the most recent economic downturn. As corporate profits and productivity have increased in recent decades, wages for most workers have not kept pace. That means a shift in what kind of life workers can afford.

There has been a huge drop in median family income these past 6 years, the new administration is near thankfully. I think about 5000 per family over that time

(03-16-2015 10:25 PM)niuguy Wrote:  

Excellent graph this really hammers home my previous point, its that 4th, middle, and 2nd quintile which have taken the beating under this administration. The top 5% have remained steady.

(03-17-2015 11:42 AM)MaddDawgz02 Wrote:  

(03-16-2015 10:25 PM)niuguy Wrote:  

Excellent graph this really hammers home my previous point, its that 4th, middle, and 2nd quintile which have taken the beating under this administration. The top 5% have remained steady.

Wtf are you looking at? The bottom 4 have remained fairly close to the same level since 1965.

(03-17-2015 12:05 PM)NIU17 Wrote:  

(03-17-2015 11:42 AM)MaddDawgz02 Wrote:  

(03-16-2015 10:25 PM)niuguy Wrote:  

Excellent graph this really hammers home my previous point, its that 4th, middle, and 2nd quintile which have taken the beating under this administration. The top 5% have remained steady.

Wtf are you looking at? The bottom 4 have remained fairly close to the same level since 1965.

MD is delusional..