Wage dropping in the USA

[aegsm76]

link
http://www.breitbart.com/2016-presid...rop-americans/

snippets
Federal data released Aug. 9 shows that Americans’ wages are dropping again, seven years after President Barack Obama declared the economy had recovered from the property-bubble — and three months before the 2016 election.
The dramatic drop was buried in an Aug. 9 report by the Bureau of Labor Statistics, which said that officials have radically revised their prior claim that wages grew 4.2 percent in the first quarter, from January to March.
Real hourly compensation decreased 0.4 percent after revision...

[Aquila]

Originally Posted by aegsm76

link
http://www.breitbart.com/2016-presid...rop-americans/

snippets
Federal data released Aug. 9 shows that Americans’ wages are dropping again, seven years after President Barack Obama declared the economy had recovered from the property-bubble — and three months before the 2016 election.
The dramatic drop was buried in an Aug. 9 report by the Bureau of Labor Statistics, which said that officials have radically revised their prior claim that wages grew 4.2 percent in the first quarter, from January to March.
Real hourly compensation decreased 0.4 percent after revision...

Corporations are recording record profits and investments are doing well. However, as you said, wages are dropping. Trickle down economics is failing. Perhaps it's time for an increase in the minimum wage.

[aegsm76]

Originally Posted by Aquila

Corporations are recording record profits and investments are doing well. However, as you said, wages are dropping. Trickle down economics is failing. Perhaps it's time for an increase in the minimum wage.

How could that happen?
The great BHO has had 8 years to correct this?

[Aquila]

Originally Posted by aegsm76

How could that happen?
The great BHO has had 8 years to correct this?

I'll admit, it hasn't been a major focus of the Administration.

[aegsm76]

Originally Posted by Aquila

I'll admit, it hasn't been a major focus of the Administration.

What HAS been the major focus of the BHO administration?

[Aquila]

Originally Posted by aegsm76

What HAS been the major focus of the BHO administration?

It wouldn't matter if I listed what accomplishments have been made? Of course not. All I know is that my investments are doing far better than when Bush left the White House. My finances have stabilized. The President actually speaks on a level higher than a 6th grader. And.... c'mon.... the Obama's have been rather classy. Oh, and on a personal note.... Michelle is a sweetheart. I think she's a beautiful woman that is a bit easy on the eyes compared to most First Ladies. I'm not saying Obama is perfect. But, in my opinion, he's done better than I first expected.

[Esaias]

Originally Posted by aegsm76

What HAS been the major focus of the BHO administration?

Destruction of America. Oh, and golf.

[Esaias]

Originally Posted by Aquila

Corporations are recording record profits and investments are doing well. However, as you said, wages are dropping. Trickle down economics is failing. Perhaps it's time for an increase in the minimum wage.

That is not 'trickle down economics'. You democrats wouldn't recognize trickle down economics if it was hailing baseball sized gold blocks.

Oh, by the way, Bernie the Super Socialist just bought his third house for about 600,000 bux. Not too bad for the champion of the little guy, eh? Ever read Animal Farm? Might want to.

[deacon blues]

Originally Posted by Esaias

That is not 'trickle down economics'. You democrats wouldn't recognize trickle down economics if it was hailing baseball sized gold blocks.

Oh, by the way, Bernie the Super Socialist just bought his third house for about 600,000 bux. Not too bad for the champion of the little guy, eh? Ever read Animal Farm? Might want to.

Beautifully written.

[Originalist]

Originally Posted by Aquila

Corporations are recording record profits and investments are doing well. However, as you said, wages are dropping. Trickle down economics is failing. Perhaps it's time for an increase in the minimum wage.

Record profits and profit margins are two different things.