A Decade Of Flat Wages and The Shrinking Middle Class

  1. You have chosen to ignore posts from Hansoribrother. Show Hansoribrother's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    Flat/shrinking wages are a real problem for the economy. There is a huge burden of consumer debt. That has to be paid off before consumption can take off as a growth mechanism for the economy. Stagnant wages do not help us overcome that problem.

    Why are wages stagnant? If I knew the real answer I would not be sitting here typing rambling bullshiite into BDC.

    I can guess though. 

    One reason is that our education system suucks. Probably even worse is that our culture shiites on excellence in education. Acheivers are ridiculed. Success is punished.  I work in IT services. There is a huge shortage of talent in IT here in the US. Can someone riddle that for me? Stop complaining and start studying.

    Secondly, we are more than happy to open our borders to labor competition. Republicans like it for business. Democrats like it for votes. The debasement of American citizenship is outrageous. Sanctuary cities and states should be refused federal $$. Employers of illegal aliens should be prosecuted and jailed.

    If you want to do something about stagnant wages then abandon your support of policies that create it. Otherwise just Shut the fork up.

     

     
  2. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to Hansoribrother's comment:

    Flat/shrinking wages are a real problem for the economy. There is a huge burden of consumer debt. That has to be paid off before consumption can take off as a growth mechanism for the economy. Stagnant wages do not help us overcome that problem.

    Why are wages stagnant? If I knew the real answer I would not be sitting here typing rambling bullshiite into BDC.

    I can guess though. 

    One reason is that our education system suucks. Probably even worse is that our culture shiites on excellence in education. Acheivers are ridiculed. Success is punished.  I work in IT services. There is a huge shortage of talent in IT here in the US. Can someone riddle that for me? Stop complaining and start studying.

    Secondly, we are more than happy to open our borders to labor competition. Republicans like it for business. Democrats like it for votes. The debasement of American citizenship is outrageous. Sanctuary cities and states should be refused federal $$. Employers of illegal aliens should be prosecuted and jailed.

    If you want to do something about stagnant wages then abandon your support of policies that create it. Otherwise just Shut the fork up.

     



    Another reason is the lack of governmental constraints on seizing of private property.  Kelo, excessive taxation, Obamacare, all have their roots in the concept that we really don't own anything, except that which government allows us to pretend we own.

    Like your point with education, the issues are in the foundation of our economic house, and will not be fixed by putting up new wallpaper in the (economic) living room.

    What most people don't get is that this country was designed for a prosperous middle class, and many key protections are in the constitution, the very same constitution that seems to be mallable enough to say that government can take your home and give it to another private person (kelo), and mallable enough to tax you into obedience (obamacare).  These things, government overreach, are killers to the concept of the middle class.  The middle class thrives on seeking and creating value.  If government weakens that drive, as it has with, for example, Kelo and obamacare, the middle class becomes a less interesting place to be, and it starts to disappear.

    Until government reverses and restrains itself (unlikely), we will continue to to see the middle class shrink.

     

     
  3. You have chosen to ignore posts from massmoderateJoe. Show massmoderateJoe's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    Interestng that under Bush Relatively flat and under Obama they tanked.

    ...the man who really counts in the world is the doer,...  TR 1891

     
  4. You have chosen to ignore posts from FortySixAndTwo. Show FortySixAndTwo's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    Not sure what, if anything, can be done if the shareholders won't step up and do it. But it's definitely part of why wages and salaries have stagnated.

     

    Maybe our fine govt can do something about it. 

     
  5. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to WhatDoYouWantNow's comment:

    In response to skeeter20's comment:

    [QUOTE]

     

    Another reason is the lack of governmental constraints on seizing of private property.  Kelo, excessive taxation, Obamacare, all have their roots in the concept that we really don't own anything, except that which government allows us to pretend we own.

     



    Oh God. Shut up. All you ever do is recite your little red book at people.

     

    [/QUOTE]

    I got it.  

    Government = Good

    Free Market = Bad

    The day you actually wake up out of your progressive stupor and see what's really happening will be a bright day for us all.

     
  6. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to FortySixAndTwo's comment:

    Not sure what, if anything, can be done if the shareholders won't step up and do it. But it's definitely part of why wages and salaries have stagnated.

     

    Maybe our fine govt can do something about it. 



    You mean these CEO's that pay for all these politicians to sit in judgement of them?

    The real reason the wage ratio is out of wack is largely due to government.  Regulation has its winners and losers.  

    Also keep in mind that the number of peopl that make these big bucks are relatively small, and likely Democrat (Buffet, Gates, to name two)

     
  7. You have chosen to ignore posts from FortySixAndTwo. Show FortySixAndTwo's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to skeeter20's comment:

    In response to FortySixAndTwo's comment:

    [QUOTE]

     

    Not sure what, if anything, can be done if the shareholders won't step up and do it. But it's definitely part of why wages and salaries have stagnated.

     

    Maybe our fine govt can do something about it. 

     



    You mean these CEO's that pay for all these politicians to sit in judgement of them?

     

    The real reason the wage ratio is out of wack is largely due to government.  Regulation has its winners and losers.  

    Also keep in mind that the number of peopl that make these big bucks are relatively small, and likely Democrat (Buffet, Gates, to name two)

    [/QUOTE]

    Wait...the wage ratio is due to govt? How so?

     
  8. You have chosen to ignore posts from MattyScornD. Show MattyScornD's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to skeeter20's comment:

    In response to MattyScornD's comment:

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    It's not good all around.  It's what people have asked for and voted for though.

     

     

     

     

     



    Like I said, the middle class is a problem for liberal government.

     

     

     

     

     

     

     

     

    [/QUOTE]

    And an even bigger problem for conservative government...

     

     

     

     

    ...yet one they persistently ignore with impunity.

     

     

     

     

     

    [/QUOTE]

    Well, no. At least not a true conservative government.  True conservative values are about the individual maintaining control over what they earn, taxing them only enough to cover essential government functions, and recognizing that, to an extent, the Constitution was written essentially to protect the economic interests of the middle class.

     

     

     

    It's the rich, and the wooly-headed thinkers for which the middle class is a problem.  People controlling their own destiny is not in the interests of the rich or the progressive mindset.

     

     

    [/QUOTE]

    Except that the Constitution - in economic terms - was definitely written to preserve the rich and their lands and interests.

     

     

    There was no middle class back then...just rich, slaves, and non-slaves.

    And these days, conservatism means placing a dollar value on peoples' lives and the hard work they do every day...strictly as a means to improve their own wealth and bottom lines.  They blame the poor for being poor, the working class for working so hard, and anyone else for not stepping over their neighbor just "to get ahead".

    Rich conservatives exploit the poor just like rich liberals do, so stop pretending.  Their whole immigration focus is on how to keep cheap, undocumented labor from becoming more expensive, documented labor.  This is known.

     

     

     

     

     

    [/QUOTE]


    And stop it with the "exploiting the poor" mantra. More socialist nonsense.

     

    Although it sounds so nice, particularly in faculty lounges, the truth is that the poor have little to exploit.  The meat is in the middle class. that is where you will find the elites, conservative and liberal, doing their exploiting.

    [/QUOTE]

    The "poor aren't exploited"?  On which planet?  Labor is not exploited?  Faith is not exploited? The poor aren't manipulated to solicit 'donations' for shady charities? Or for the Church??

    I won't argue that the middle class aren't also raked over the coals every way they turn, but only an ideological mannequin would deny the obvious.

     

     
  9. You have chosen to ignore posts from MattyScornD. Show MattyScornD's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to skeeter20's comment:

     

    The real reason the wage ratio is out of wack is largely due to government.  



    Really?!  How?!?

    This statement demands immediate justification.

     
  10. You have chosen to ignore posts from MattyScornD. Show MattyScornD's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to skeeter20's comment:

    In response to FortySixAndTwo's comment:

    [QUOTE]

     

    Not sure what, if anything, can be done if the shareholders won't step up and do it. But it's definitely part of why wages and salaries have stagnated.

     

    Maybe our fine govt can do something about it. 

     



    You mean these CEO's that pay for all these politicians to sit in judgement of them?

     

    The real reason the wage ratio is out of wack is largely due to government.  Regulation has its winners and losers.  

    Also keep in mind that the number of peopl that make these big bucks are relatively small, and likely Democrat (Buffet, Gates, to name two)

    [/QUOTE]

    Yup...those darn dem capitalists.


    (Koch Bros., to name two on the right)

     
  11. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to WhatDoYouWantNow's comment:

    In response to skeeter20's comment:

    [QUOTE]

     

    The real reason the wage ratio is out of wack is largely due to government.

     



    Trying to see just how stupid you can be?

     

    [/QUOTE]

    I see this line of questioning scares you.

    why don't you look into the economics of pay and government regulation?

    the rise of government regulation has made being a CEO in a decent size firm very profitable.  

     
  12. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to MattyScornD's comment:

    In response to skeeter20's comment:

    [QUOTE]

     

    In response to FortySixAndTwo's comment:

     

    [QUOTE]

     

     

    Not sure what, if anything, can be done if the shareholders won't step up and do it. But it's definitely part of why wages and salaries have stagnated.

     

    Maybe our fine govt can do something about it. 

     

     



    You mean these CEO's that pay for all these politicians to sit in judgement of them?

     

     

    The real reason the wage ratio is out of wack is largely due to government.  Regulation has its winners and losers.  

    Also keep in mind that the number of peopl that make these big bucks are relatively small, and likely Democrat (Buffet, Gates, to name two)

     

    [/QUOTE]

     

    Yup...those darn dem capitalists.


    (Koch Bros., to name two on the right)

    [/QUOTE]

    Certainly.

    you don't think I was going to exclude them?

    the issue is that these big money guys, left and right, are not really the big time capitalists you think.  Much of their advantage is through government regulating their competition and threats into tight places.

    that's not capitalism. At least not the best kind of capitalism.

     
  13. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to MattyScornD's comment:

    In response to skeeter20's comment:

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    In response to MattyScornD's comment:

     

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    In response to skeeter20's comment:

     

     

     

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    In response to macnh1's comment:

     

     

     

     

    [QUOTE]

     

     

     

     

     

     

    It's not good all around.  It's what people have asked for and voted for though.

     

     

     

     

     

     



    Like I said, the middle class is a problem for liberal government.

     

     

     

     

     

     

     

     

     

     

    [/QUOTE]

    And an even bigger problem for conservative government...

     

     

     

     

     

    ...yet one they persistently ignore with impunity.

     

     

     

     

     

     

    [/QUOTE]

    Well, no. At least not a true conservative government.  True conservative values are about the individual maintaining control over what they earn, taxing them only enough to cover essential government functions, and recognizing that, to an extent, the Constitution was written essentially to protect the economic interests of the middle class.

     

     

     

     

    It's the rich, and the wooly-headed thinkers for which the middle class is a problem.  People controlling their own destiny is not in the interests of the rich or the progressive mindset.

     

     

     

    [/QUOTE]

    Except that the Constitution - in economic terms - was definitely written to preserve the rich and their lands and interests.

     

     

     

    There was no middle class back then...just rich, slaves, and non-slaves.

    And these days, conservatism means placing a dollar value on peoples' lives and the hard work they do every day...strictly as a means to improve their own wealth and bottom lines.  They blame the poor for being poor, the working class for working so hard, and anyone else for not stepping over their neighbor just "to get ahead".

    Rich conservatives exploit the poor just like rich liberals do, so stop pretending.  Their whole immigration focus is on how to keep cheap, undocumented labor from becoming more expensive, documented labor.  This is known.

     

     

     

     

     

     

    [/QUOTE]


    And stop it with the "exploiting the poor" mantra. More socialist nonsense.

     

     

    Although it sounds so nice, particularly in faculty lounges, the truth is that the poor have little to exploit.  The meat is in the middle class. that is where you will find the elites, conservative and liberal, doing their exploiting.

     

    [/QUOTE]

    The "poor aren't exploited"?  On which planet?  Labor is not exploited?  Faith is not exploited? The poor aren't manipulated to solicit 'donations' for shady charities? Or for the Church??

     

    I won't argue that the middle class aren't also raked over the coals every way they turn, but only an ideological mannequin would deny the obvious.

     

    [/QUOTE]

    What part about the poor having little to exploit don't you understand? Just how are they financially exploited if they don't have any finances? Are you saying you can exploit people who have nothing? I mean, other than the socialists that claim they are going to help the poor, but instead enslave them, keeping them from ever being able to escape poverty.

    the rich will always be rich, we will always have the poor, but the middle class,where the action is,  the middle class which is the great enabler of our economy, may not always be with us.

     
  14. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to FortySixAndTwo's comment:

    In response to skeeter20's comment:

    [QUOTE]

     

    In response to FortySixAndTwo's comment:

     

    [QUOTE]

     

     

    Not sure what, if anything, can be done if the shareholders won't step up and do it. But it's definitely part of why wages and salaries have stagnated.

     

    Maybe our fine govt can do something about it. 

     

     



    You mean these CEO's that pay for all these politicians to sit in judgement of them?

     

     

    The real reason the wage ratio is out of wack is largely due to government.  Regulation has its winners and losers.  

    Also keep in mind that the number of peopl that make these big bucks are relatively small, and likely Democrat (Buffet, Gates, to name two)

     

    [/QUOTE]

    Wait...the wage ratio is due to govt? How so?

     

    [/QUOTE]

    Regulation.  Regulation mitigates competition. Lack of competition favors the rich becoming richer. Case study: MCI. Turned their focus to government when the CEO determined that the real power in telecommunications was in government regulations. Another case study is GM. GM turned to governe,nt regulation to try to stave off foreign competition.  These regulations came with a price that eventually put them into bankruptcy.  In both case, the CEO was rewarded based on the growth that was created through regulation, while the lowered workers did not participate. After all, a janitor is just a janitor, but a CEO that cracks the code on how to use regulation to in prove their competitive advantage...priceless.

    so, that is how government ,through regulation, impacted the wage ratio.

     
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  18. You have chosen to ignore posts from FortySixAndTwo. Show FortySixAndTwo's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to skeeter20's comment:

     

    In response to FortySixAndTwo's comment:

     

     

     

    In response to skeeter20's comment:

     

     

     

     

     

    In response to FortySixAndTwo's comment:

     

     

     

     

     

     

     

    Not sure what, if anything, can be done if the shareholders won't step up and do it. But it's definitely part of why wages and salaries have stagnated.

     

    Maybe our fine govt can do something about it. 

     

     

     

     



    You mean these CEO's that pay for all these politicians to sit in judgement of them?

     

     

     

     

    The real reason the wage ratio is out of wack is largely due to government.  Regulation has its winners and losers.  

    Also keep in mind that the number of peopl that make these big bucks are relatively small, and likely Democrat (Buffet, Gates, to name two)

     

     

     



    Wait...the wage ratio is due to govt? How so?

     

     

     

     

     



    Regulation.  Regulation mitigates competition. Lack of competition favors the rich becoming richer. Case study: MCI. Turned their focus to government when the CEO determined that the real power in telecommunications was in government regulations. Another case study is GM. GM turned to governe,nt regulation to try to stave off foreign competition.  These regulations came with a price that eventually put them into bankruptcy.  In both case, the CEO was rewarded based on the growth that was created through regulation, while the lowered workers did not participate. After all, a janitor is just a janitor, but a CEO that cracks the code on how to use regulation to in prove their competitive advantage...priceless.

     

     

    so, that is how government ,through regulation, impacted the wage ratio.

    -----------------------------------



    You actually believe this don't you. So govt regulation is why some CEOs get paid tens of millions of dollars per year? Um...ok...sure

     

     
  19. You have chosen to ignore posts from Hansoribrother. Show Hansoribrother's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to WhatDoYouWantNow's comment:

    In response to Hansoribrother's comment:

    [QUOTE]

     

    Flat/shrinking wages are a real problem for the economy. There is a huge burden of consumer debt. That has to be paid off before consumption can take off as a growth mechanism for the economy. Stagnant wages do not help us overcome that problem.

    Why are wages stagnant? If I knew the real answer I would not be sitting here typing rambling bullshiite into BDC.

    I can guess though. 

    One reason is that our education system suucks. Probably even worse is that our culture shiites on excellence in education. Acheivers are ridiculed. Success is punished.  I work in IT services. There is a huge shortage of talent in IT here in the US. Can someone riddle that for me? Stop complaining and start studying.

    Secondly, we are more than happy to open our borders to labor competition. Republicans like it for business. Democrats like it for votes. The debasement of American citizenship is outrageous. Sanctuary cities and states should be refused federal $$. Employers of illegal aliens should be prosecuted and jailed.

    If you want to do something about stagnant wages then abandon your support of policies that create it. Otherwise just Shut the fork up.

     

     



    I know I cannot speak ill of them without being a dirty pinko commie b-d, and that Real Americans say 'they earned it'...but...      

     

     

     

     

    The CEO:worker pay ratio used to be around 1:15, like other current developped countries. Over the last several decades, in America alone, it has ballooned to something like 400:1.

    They all sit on each other's boards, approving massive compensation packages that don't match up with reality. They're making 26 times as much, but their companies aren't doing 26 times better.

    More and more wealth is channeled to fewer and fewer people instead of towards better wages/salaries for everyone else. On top of this, they have through one political party convinced everyone that if they say anything negative about this, it means they "hate America" and are a "socialist".

    Not sure what, if anything, can be done if the shareholders won't step up and do it. But it's definitely part of why wages and salaries have stagnated.

     

     

    I would also suspect that the changed employment landscape in which workers now regularly jump from company to company has something to do with it. No loyalty of company to employee or vice versa. No real reason to want to keep your employees happy. Get the most out of them for as little as you can get away with until they leave; someone else will come knocking.

     

    [/QUOTE]

    I know it might shock you but I more or less agree with you. It isn't so much that the CXO's make too much but that those below them do not make enough. Why don't they make enough? Because they do not have leverage in this no growth economy. So the they get crapped on by management. And management is who? Their neighbors and fellow citizens who have no problem squeezing them. And they have no respect for the borders of this country which provide institutions of trust to enforce business agreements and the like. Sure, let the low paid illegals come across the border! Then we can squeeze a few points of margin out of these suckers!!

     
  20. You have chosen to ignore posts from Hansoribrother. Show Hansoribrother's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to A_Concerned_Citizen's comment:

    In response to skeeter20's comment:

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    In response to FortySixAndTwo's comment:

     

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    In response to skeeter20's comment:

     

     

    [QUOTE]

     

     

     

    In response to FortySixAndTwo's comment:

     

     

     

    [QUOTE]

     

     

     

     

    Not sure what, if anything, can be done if the shareholders won't step up and do it. But it's definitely part of why wages and salaries have stagnated.

     

    Maybe our fine govt can do something about it. 

     

     

     

     



    You mean these CEO's that pay for all these politicians to sit in judgement of them?

     

     

     

     

    The real reason the wage ratio is out of wack is largely due to government.  Regulation has its winners and losers.  

    Also keep in mind that the number of peopl that make these big bucks are relatively small, and likely Democrat (Buffet, Gates, to name two)

     

     

     

    [/QUOTE]

    Wait...the wage ratio is due to govt? How so?

     

     

     

     

     

    [/QUOTE]

    Regulation.  Regulation mitigates competition. Lack of competition favors the rich becoming richer. Case study: MCI. Turned their focus to government when the CEO determined that the real power in telecommunications was in government regulations. Another case study is GM. GM turned to governe,nt regulation to try to stave off foreign competition.  These regulations came with a price that eventually put them into bankruptcy.  In both case, the CEO was rewarded based on the growth that was created through regulation, while the lowered workers did not participate. After all, a janitor is just a janitor, but a CEO that cracks the code on how to use regulation to in prove their competitive advantage...priceless.

     

     

    so, that is how government ,through regulation, impacted the wage ratio.

     

    [/QUOTE]


    What a freakin joke of a post.

     

     

    [/QUOTE]

    That is quite an example of a freakin joke of a post. Why bother? Do you have anything other than an insult?

     

     

     
  21. You have chosen to ignore posts from Hansoribrother. Show Hansoribrother's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to skeeter20's comment:

    In response to FortySixAndTwo's comment:

    [QUOTE]

     

    In response to skeeter20's comment:

     

    [QUOTE]

     

     

    In response to FortySixAndTwo's comment:

     

     

    [QUOTE]

     

     

     

    Not sure what, if anything, can be done if the shareholders won't step up and do it. But it's definitely part of why wages and salaries have stagnated.

     

    Maybe our fine govt can do something about it. 

     

     

     



    You mean these CEO's that pay for all these politicians to sit in judgement of them?

     

     

     

    The real reason the wage ratio is out of wack is largely due to government.  Regulation has its winners and losers.  

    Also keep in mind that the number of peopl that make these big bucks are relatively small, and likely Democrat (Buffet, Gates, to name two)

     

     

    [/QUOTE]

    Wait...the wage ratio is due to govt? How so?

     

     

     

    [/QUOTE]

    Regulation.  Regulation mitigates competition. Lack of competition favors the rich becoming richer. Case study: MCI. Turned their focus to government when the CEO determined that the real power in telecommunications was in government regulations. Another case study is GM. GM turned to governe,nt regulation to try to stave off foreign competition.  These regulations came with a price that eventually put them into bankruptcy.  In both case, the CEO was rewarded based on the growth that was created through regulation, while the lowered workers did not participate. After all, a janitor is just a janitor, but a CEO that cracks the code on how to use regulation to in prove their competitive advantage...priceless.

     

    so, that is how government ,through regulation, impacted the wage ratio.

    [/QUOTE]

    Bingo. The politicians choose winners for their personal benefit. It used to be called bribery until the politicians that benefit declared it legal.

     

     

     
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  23. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to A_Concerned_Citizen's comment:

    In response to skeeter20's comment:
    [QUOTE]

     

    In response to FortySixAndTwo's comment:

    [QUOTE]

     

     

    In response to skeeter20's comment:

     

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    In response to FortySixAndTwo's comment:

     

     

    [QUOTE]

     

     

     

     

    Not sure what, if anything, can be done if the shareholders won't step up and do it. But it's definitely part of why wages and salaries have stagnated.

     

    Maybe our fine govt can do something about it. 

     

     

     

     



    You mean these CEO's that pay for all these politicians to sit in judgement of them?

     

     

     

     

    The real reason the wage ratio is out of wack is largely due to government.  Regulation has its winners and losers.  

    Also keep in mind that the number of peopl that make these big bucks are relatively small, and likely Democrat (Buffet, Gates, to name two)

     

     

     

    [/QUOTE]

    Wait...the wage ratio is due to govt? How so?

     

     

     

     

     

    [/QUOTE]

    Regulation.  Regulation mitigates competition. Lack of competition favors the rich becoming richer. Case study: MCI. Turned their focus to government when the CEO determined that the real power in telecommunications was in government regulations. Another case study is GM. GM turned to governe,nt regulation to try to stave off foreign competition.  These regulations came with a price that eventually put them into bankruptcy.  In both case, the CEO was rewarded based on the growth that was created through regulation, while the lowered workers did not participate. After all, a janitor is just a janitor, but a CEO that cracks the code on how to use regulation to in prove their competitive advantage...priceless.

     

     

    so, that is how government ,through regulation, impacted the wage ratio.

     

    [/QUOTE]


    What a freakin joke of a post.

     

     

    [/QUOTE]

    Not my fault you don't understand economics and the political manuevering that goes on with big business.  Regulation is largely there to secure the economic interests of larger companies, not to protect you.

    Just stay in your comfortable little bubble where the rich people are bad, and government is fighting their evil, day in, day out.

     
  24. You have chosen to ignore posts from slomag. Show slomag's posts

    Re: A Decade Of Flat Wages and The Shrinking Middle Class

    In response to skeeter20's comment:

    In response to A_Concerned_Citizen's comment:

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    In response to skeeter20's comment:

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    In response to FortySixAndTwo's comment:

     

    [QUOTE]

     

     

     

    In response to skeeter20's comment:

     

     

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    In response to FortySixAndTwo's comment:

     

     

     

    [QUOTE]

     

     

     

     

     

    Not sure what, if anything, can be done if the shareholders won't step up and do it. But it's definitely part of why wages and salaries have stagnated.

     

    Maybe our fine govt can do something about it. 

     

     

     

     

     



    You mean these CEO's that pay for all these politicians to sit in judgement of them?

     

     

     

     

     

    The real reason the wage ratio is out of wack is largely due to government.  Regulation has its winners and losers.  

    Also keep in mind that the number of peopl that make these big bucks are relatively small, and likely Democrat (Buffet, Gates, to name two)

     

     

     

     

    [/QUOTE]

    Wait...the wage ratio is due to govt? How so?

     

     

     

     

     

     

     

    [/QUOTE]

    Regulation.  Regulation mitigates competition. Lack of competition favors the rich becoming richer. Case study: MCI. Turned their focus to government when the CEO determined that the real power in telecommunications was in government regulations. Another case study is GM. GM turned to governe,nt regulation to try to stave off foreign competition.  These regulations came with a price that eventually put them into bankruptcy.  In both case, the CEO was rewarded based on the growth that was created through regulation, while the lowered workers did not participate. After all, a janitor is just a janitor, but a CEO that cracks the code on how to use regulation to in prove their competitive advantage...priceless.

     

     

     

    so, that is how government ,through regulation, impacted the wage ratio.

     

     

    [/QUOTE]


    What a freakin joke of a post.

     

     

     

     

    [/QUOTE]

    Not my fault you don't understand economics and the political manuevering that goes on with big business.  Regulation is largely there to secure the economic interests of larger companies, not to protect you.

     

    Just stay in your comfortable little bubble where the rich people are bad, and government is fighting their evil, day in, day out.

    [/QUOTE]

    I don't understand your post either - at first I thought it was supposed to be a joke.

    Your support of regulation mitigating competition is the breakup of the Ma Bell monopoly?

    And your support of regulation being responsible for high CEO pay is GM, a company whose CEO pay is currently frozen by federal regulation?

     

     

     
  25. This post has been removed.

     
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