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Real Wages just went negative.
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Machiavelli Offline
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Post: #1
Real Wages just went negative.
Raises are no longer keeping up with inflation. Corporate profits are doing well though which is driving inflation. The tax cut is helping out the top 7% I believe. If you have a HELOC or was able to deduct local taxes the tax cut was a big loser for you. Trump’s administration added 600 million to the economy with deficit spending. The budget next year is going to have a 1 trillion deficit. That is unsustainable. I’m afraid bad times are soon going to be here.

http://www.boards2go.com/boards/board.cg...thevictors
08-12-2018 05:55 PM
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Kaplony Offline
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Post: #2
RE: Real Wages just went negative.
Still a positive for me. More money in my paycheck and my wife got the first non-promotion based raise in a decade.

If you got screwed just think of it as payback for when I got screwed over by Obamacare.
08-12-2018 06:00 PM
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Machiavelli Offline
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Post: #3
RE: Real Wages just went negative.
The tax cuts did screw over the middle class in Ohio, New York, and California. Probably a boon to the southern states. Congrats! I can see why Southern states voted R. I can not for the life of me understand an Ohioan voting R. They screwed us.
08-12-2018 06:07 PM
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Owl 69/70/75 Online
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Post: #4
RE: Real Wages just went negative.
(08-12-2018 05:55 PM)Machiavelli Wrote:  Raises are no longer keeping up with inflation. Corporate profits are doing well though which is driving inflation. The tax cut is helping out the top 7% I believe. If you have a HELOC or was able to deduct local taxes the tax cut was a big loser for you. Trump’s administration added 600 million to the economy with deficit spending. The budget next year is going to have a 1 trillion deficit. That is unsustainable. I’m afraid bad times are soon going to be here.
http://www.boards2go.com/boards/board.cg...thevictors

Thanks, Obama.
08-12-2018 06:10 PM
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Kaplony Offline
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Post: #5
RE: Real Wages just went negative.
At least the Ohio public sector workers don't have to worry about the unions stealing money from them if they don't want to contribute to the unions.
08-12-2018 06:12 PM
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Marc Mensa Offline
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Post: #6
RE: Real Wages just went negative.
Why are wages higher in Union states than in right-to-work states?
08-12-2018 06:17 PM
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mptnstr@44 Offline
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Post: #7
RE: Real Wages just went negative.
Wait...Democrats care about deficits now?
08-12-2018 06:18 PM
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Kaplony Offline
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Post: #8
RE: Real Wages just went negative.
(08-12-2018 06:17 PM)Marc Mensa Wrote:  Why are wages higher in Union states than in right-to-work states?

Why is the cost of living higher in union states than non-union states?
08-12-2018 06:19 PM
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Kronke Offline
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Post: #9
RE: Real Wages just went negative.
08-12-2018 06:34 PM
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bullet Offline
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Post: #10
RE: Real Wages just went negative.
(08-12-2018 05:55 PM)Machiavelli Wrote:  Raises are no longer keeping up with inflation. Corporate profits are doing well though which is driving inflation. The tax cut is helping out the top 7% I believe. If you have a HELOC or was able to deduct local taxes the tax cut was a big loser for you. Trump’s administration added 600 million to the economy with deficit spending. The budget next year is going to have a 1 trillion deficit. That is unsustainable. I’m afraid bad times are soon going to be here.

http://www.boards2go.com/boards/board.cg...thevictors

Wages were lower than flip-flopping inflation for a month. Big deal. Its still up year over year, 2.7% vs. 2.4% inflation. Come back when there is a trend. Month-to-month inflation rates are very volatile based on short term food and fuel price swings.
08-12-2018 06:36 PM
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shere khan Offline
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Post: #11
RE: Real Wages just went negative.
(08-12-2018 05:55 PM)Machiavelli Wrote:  Raises are no longer keeping up with inflation. Corporate profits are doing well though which is driving inflation. The tax cut is helping out the top 7% I believe. If you have a HELOC or was able to deduct local taxes the tax cut was a big loser for you. Trump’s administration added 600 million to the economy with deficit spending. The budget next year is going to have a 1 trillion deficit. That is unsustainable. I’m afraid bad times are soon going to be here.

http://www.boards2go.com/boards/board.cg...thevictors
Bwahahahaha, your link.

Step it up Mach. This is awful even by your standards.
(This post was last modified: 08-12-2018 06:40 PM by shere khan.)
08-12-2018 06:40 PM
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bullet Offline
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Post: #12
RE: Real Wages just went negative.
(08-12-2018 06:40 PM)shere khan Wrote:  
(08-12-2018 05:55 PM)Machiavelli Wrote:  Raises are no longer keeping up with inflation. Corporate profits are doing well though which is driving inflation. The tax cut is helping out the top 7% I believe. If you have a HELOC or was able to deduct local taxes the tax cut was a big loser for you. Trump’s administration added 600 million to the economy with deficit spending. The budget next year is going to have a 1 trillion deficit. That is unsustainable. I’m afraid bad times are soon going to be here.

http://www.boards2go.com/boards/board.cg...thevictors
Bwahahahaha, your link.

Step it up Mach. This is awful even by your standards.

I found another link and didn't look at his. Something posted on a message board is even more suspect than the fake news CNN and NY Times.
08-12-2018 06:41 PM
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shere khan Offline
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Post: #13
RE: Real Wages just went negative.
Democrats need to run on the economy sucking.

Great plan. Go for it.

Lmao
08-12-2018 06:47 PM
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Machiavelli Offline
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Post: #14
RE: Real Wages just went negative.
Boys boy boys. I provided that link because it showed the picture. More demonizing.
08-12-2018 06:56 PM
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SuperFlyBCat Online
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Post: #15
RE: Real Wages just went negative.
#buckleup
08-12-2018 06:59 PM
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Kronke Offline
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Post: #16
RE: Real Wages just went negative.
Bashing a very strong economy isn't going to reverse the trend of your evaporating generic ballot advantage.

Less than 3 months out. Still no message.
08-12-2018 07:37 PM
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thespiritof1976 Offline
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Post: #17
RE: Real Wages just went negative.
After your terrible showing today, Mach is digging deep into the latrine pit.
08-12-2018 07:41 PM
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UofMstateU Offline
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Post: #18
RE: Real Wages just went negative.
womp womp
08-12-2018 07:46 PM
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gdunn Offline
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Post: #19
RE: Real Wages just went negative.
Wait. Message boards are sources of news now?
08-12-2018 07:48 PM
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thespiritof1976 Offline
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Post: #20
RE: Real Wages just went negative.
(08-12-2018 07:48 PM)gdunn Wrote:  Wait. Message boards are sources of news now?

Trump has broken his spirit so he is scraping the bottom of the **** barrel.
08-12-2018 07:52 PM
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