Bleak news for Average American's wages

[Ausm]

Average American's wages have dropped 7% since 2000 and the majority of Economist surveyed feel wages won't even begin to catch up until 2021.

Welcome to the new normal.

http://online.wsj.com/article/SB100...28981208827422.html?mod=WSJ_hps_sections_news

 

[xBiffx]

I love being above average.

 

[Ausm]

I love being above average.

When did fluffers get a raise?

 

[momeNt]

Sad thing to is debt obligations obviously aren't falling in relation to those wages so expect more bankruptcies until the debt has finished squeezing the average person dry.

 

[DesiPower]

well... we are competing with India and China...

At the same time prices of good have dropped too, people make less, spend less. In the new world order we are trying to lower ourselves to these other 3rd world countries! three cheers to free trade!! In the process are we destroying the very fabrics of our society and nation? well.. that's a debate for another day. After all we cannot have protectionism and without it these is no hope...

 

[HendrixFan]

I love being above average.

My household income is below the median but I live by myself, so my per capita income is above average and going up. That being said, there is a problem when society's wages stagnate and drop. You may think things are good for you in your situation, but you would be better off if the country as a whole were improving.

 

[Jaepheth]

When did fluffers get a raise?

Getting a raise is the entirety of their job.

 

[Ausm]

Getting a raise is the entirety of their job.

:thumbsup::thumbsup:

 

[Kadarin]

I don't know about you guys, but I make 42% more now than I did back in 2000 (not including bonuses).

 

[Moonbeam]

It could come to pass that the wait may be decreased since 1% who have stolen everything may have already fucked themselves in the ass and are going to be brought to account by the 99%ers.

Who knows, maybe the people will wake up and call a Constitutional convention to get their government back. Maybe we can get public funded elections and 100 dollars max political contributions.

 

[Ausm]

It could come to pass that the wait may be decreased since 1% who have stolen everything may have already fucked themselves in the ass and are going to be brought to account by the 99%ers.

Who knows, maybe the people will wake up and call a Constitutional convention to get their government back. Maybe we can get public funded elections and 100 dollars max political contributions.

I hope this happens before they put me in a box :thumbsup::thumbsup:

 

[DesiPower]

*Snip*
Who knows, maybe the people will wake up and call a Constitutional convention to get their government back. Maybe we can get public funded elections and 100 dollars max political contributions.

Oh I so agree.. who the fvck need 1 billion dollar to run an election, jeezzzzz... for that kind of money one can probably hire an army and take over some country... Its totally ridiculous. We need to stop it and stop it soon.

 

[Ausm]

Oh I so agree.. who the fvck need 1 billion dollar to run an election, jeezzzzz... for that kind of money one can probably hire an army and take over some country... Its totally ridiculous. We need to stop it and stop it soon.

Seed money to flood the airwaves with propaganda and also send out mailers.

 

[Gonad the Barbarian]

I don't know about you guys, but I make 42% more now than I did back in 2000 (not including bonuses).

Aren't these stats career progress corrected? People in their first year vs first year, tenth years vs. tenth year, etc? Individuals making more than they themselves did ten years ago is typical (for the time being anyway).

Edit: I guess taking the median does that inherently.

 

[HomerJS]

Average American's wages have dropped 7% since 2000 and the majority of Economist surveyed feel wages won't even begin to catch up until 2021.

Welcome to the new normal.

http://online.wsj.com/article/SB100...28981208827422.html?mod=WSJ_hps_sections_news

This is what is known as the real class warfare

 

[Gonad the Barbarian]

This is what is known as the real class warfare

It's only warfare when the other side starts fighting back.

 

[Macamus Prime]

I love being above average.

Tossing a rich person's salad is hardly something to be proud of, shit breath.

 

[Londo_Jowo]

I don't know about you guys, but I make 42% more now than I did back in 2000 (not including bonuses).

My base salary is 58% more than it was in 2000. This year (specially the past quarter) has been a banner year at work, I expect to see good bonuses this year and salary increases early next year.

 

[Gonad the Barbarian]

My base salary is 58% more than it was in 2000. This year (specially the past quarter) has been a banner year at work, I expect to see good bonuses this year and salary increases early next year.

Congrats, but comparing yourself to yourself ten years ago says nothing about this current trend. You're still making less than someone in a comparable position with a comparable amount of experience 10 years ago.

 

[Londo_Jowo]

Congrats, but comparing yourself to yourself ten years ago says nothing about this current trend. You're still making less than someone in a comparable position with a comparable amount of experience 10 years ago.

I've been working for the same company for the last 21 years, I know how much the shop supervisors made back in 2000 and I make much more than they would even if they received a 5% per year from 2000 to now.

 

[child of wonder]

My base salary is 58% more than it was in 2000. This year (specially the past quarter) has been a banner year at work, I expect to see good bonuses this year and salary increases early next year.

Yes but that only means your income has gone up by 4.25% per year for the last 11 years.

That's good for today's economy but not that big of a deal.

 

[Londo_Jowo]

Yes but that only means your income has gone up by 4.25% per year for the last 11 years.

That's good for today's economy but not that big of a deal.

Never said it was a big deal.

 

[KlokWyze]

I love how the first response to the OP is a GOP fanboy showing no class, intelligence or care of the erosion of the middle class.

 

[brencat]

Tossing a rich person's salad is hardly something to be proud of, shit breath.

Right...because neither is working hard and agitating for recognition worth it either, right genius ?

Seriously, some of you bitching... what have you done to deserve a raise? So your company paid its CEO more this year, fine. What value have you created, added, etc to be able to walk into your boss's office and ask for one yourself ?

I also love how many of you lefties can't wait to strip religion and religious values out of public existence, yet you complain when the 'greedy' CEOs keep all the raise money for themselves. Maybe this is what happens when the concepts of morality and peoples' sense of fairness disappears? Hmm...

 

[Ausm]

nvm wrong thread