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Thread: WAL-MART CEO: Things Aren't Getting Better For America's Middle Class

  1. #191
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    Re: WAL-MART CEO: Things Aren't Getting Better For America's Middle Class

    Quote Originally Posted by Dittohead not! View Post
    That is no doubt a part of the problem, and a huge societal problem as well. Real wages still aren't as high as they were in my youth, however.
    That is incorrect. The real minimum wage is not as high as it was in your youth. Real wages have continued to increase, albeit the upper range of what is possible has expanded as well.

    That's true also, and is due in large part to the cost of medical care and to taxes to pay for those subsidies.
    True as well.

    The real minimum may have been falling, but what was happening to the average wages?
    They were going up, though again you can draw pretty lines on a graph showing it going up fastest among the top decile of income earners, as what is possible has increased.

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    Re: WAL-MART CEO: Things Aren't Getting Better For America's Middle Class

    Quote Originally Posted by cpwill View Post
    That is incorrect. The real minimum wage is not as high as it was in your youth. Real wages have continued to increase, albeit the upper range of what is possible has expanded as well.



    True as well.



    They were going up, though again you can draw pretty lines on a graph showing it going up fastest among the top decile of income earners, as what is possible has increased.
    The wages of the CEO, the salaries of sports heroes, executive salaries have gone up. Salaries for the middle class, not so much.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: WAL-MART CEO: Things Aren't Getting Better For America's Middle Class

    Quote Originally Posted by Dittohead not! View Post
    The wages of the CEO, the salaries of sports heroes, executive salaries have gone up. Salaries for the middle class, not so much.
    They have, actually. Not as dramatically as their standard of living, but they have gone up.






    And again, it's worth noting that that larger amount of money is supporting smaller households - so the "per capita" income of the middle class has grown by more than what is demonstrated. Even had average real incomes remained the exact same, that phenomena would still mean that the middle class was earning more money.

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    Re: WAL-MART CEO: Things Aren't Getting Better For America's Middle Class

    Quote Originally Posted by Dittohead not! View Post
    The wages of the CEO, the salaries of sports heroes, executive salaries have gone up. Salaries for the middle class, not so much.
    My salary has tripled since I was 18 y/o.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: WAL-MART CEO: Things Aren't Getting Better For America's Middle Class

    Quote Originally Posted by apdst View Post
    My salary has tripled since I was 18 y/o.
    and unless you're very young, prices have more than tripled.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: WAL-MART CEO: Things Aren't Getting Better For America's Middle Class

    Quote Originally Posted by cpwill View Post
    They have, actually. Not as dramatically as their standard of living, but they have gone up.






    And again, it's worth noting that that larger amount of money is supporting smaller households - so the "per capita" income of the middle class has grown by more than what is demonstrated. Even had average real incomes remained the exact same, that phenomena would still mean that the middle class was earning more money.
    The government's figures do look pretty good, but they don't jibe with what I remember having earned and my friends having earned as compared to the cost of living.

    I wonder just how they calculated those inflation figures.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: WAL-MART CEO: Things Aren't Getting Better For America's Middle Class

    Quote Originally Posted by cpwill View Post
    They have, actually. Not as dramatically as their standard of living, but they have gone up.






    And again, it's worth noting that that larger amount of money is supporting smaller households - so the "per capita" income of the middle class has grown by more than what is demonstrated. Even had average real incomes remained the exact same, that phenomena would still mean that the middle class was earning more money.
    Sure, they trended up for a while. But from your chart, looks to me that they have been trending down for the past 14 or 15 year.

    If I was to take that middle quintile and continue the trend line for the next 15 years, we will be right back where your chart starts around 1967 or so.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: WAL-MART CEO: Things Aren't Getting Better For America's Middle Class

    Quote Originally Posted by apdst View Post
    My salary has tripled since I was 18 y/o.

    So?

    Have you not gained any job skills since then? And has it really tripled when you adjust for inflation?
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: WAL-MART CEO: Things Aren't Getting Better For America's Middle Class

    Quote Originally Posted by imagep View Post
    So?

    Have you not gained any job skills since then? And has it really tripled when you adjust for inflation?
    Either way, my salary has increased, not decreased as some like to suggest.

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    Re: WAL-MART CEO: Things Aren't Getting Better For America's Middle Class

    Quote Originally Posted by Dittohead not! View Post
    and unless you're very young, prices have more than tripled.
    But, my salary tripled. Hell my salary has tripled since 2000. Probably increased 5x since I was 18. I'm 45, now.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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