uh-oh...i just became UNDECIDED...or Costa Rican...What Obama said in Iowa last night

by oompa 59 Replies latest jw friends

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  JeffT

  He's stating a simple, undisputable fact about the past 20+ years in America.

  Yes they are disputable. Overall real income (measured in constant dollars) went up about 10% between 1980 and 2004. Median income for African Americans increased about 30% in the time span. Real income for women increased 65%.

  http://en.wikipedia.org/wiki/Personal_income_in_the_United_States

  I went back to school in 1982. Initially my income dropped after graduation because I was going to entry level jobs in a new field. Between 1985 and 2005 my real income went up about 300%. In the smaller entrepenurial companies I was working in, everybody with some smarts and willing to work hard got ahead. These types of companies are going to get hit hard by Democratic party tax proposals.
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  puffthedragon

  i would love to know how many jobs directly or indirectly created by walmart and exxon are over 30K a year

  Since when is 30k a year anything at all? Where I am, twice that is barely gonna get you out of the ghetto.
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  designs

  How have Public School Teachers faired in the past decade. Locally the Teachers in our tri-city area School District took a 15% pay cut, and they reach into their own pockets for basic school supplies for their classes.
• 

  wasblind

  James,

  there are people in my town who used to make

  12 to 16 dollars an hour, in the factories , when they closed

  those folks now work at wal-mart, along wit partime jobs ( Fastfood ) elsewhere

  to make ends meet

  to me that's workin' harder for less

  And the products we manufactured are still bein' sold in the USA, but not made here
• 

  OnTheWayOut

  Deep down, I am a flaming liberal although I tend to be fiscally conservative. That lines up more with the Dems than the Repubs.

  But politicians are all snake-oil salesmen who say anything to win people over to buying the snake-oil. The Dem isn't much diffetent in practice than the Repub. It will take protests that grow uglier and uglier than "Occupy" has been to wake people up.
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  designs

  The report from Equilar for CEO compensation came out an average of $9.6 million or a 6% increase over the previous year. Did the employees of these companies also receive a 6% increase in wages. Jamie Dimon of JPMorgan.Chase received a 23 Million dollar bonus as the Synthetic Hedge trade blew up, what did Chase employees make in bonuses or wage increases. The CEO of one of the nations largest health insurance companies received a bonus of $43 million while cutting benefits and raising premiums, how did his employees make out in wage increases.
• 

  Marvin Shilmer

  -

  Life is not fair.

  Advancement is made by working harder and smarter than the next guy/gal.

  I want government to get out of my bedroom and out of my pocketbook.

  EVERY citizen of a sovereign state should contribute to the overall financial cost of maintaining that sovereignty and statehood. I don’t care how much or little income a person has. EVERY citizen should pay for the cost of government. Hence if taxation is the chosen mode of payment then EVERYONE should pay income tax. EVERYONE.

  When EVERY citizen has to bear the cost of government then government by the people and for the people will start spending like those people have to spend in order to maintain themselves.

  Marvin Shilmer

  http://marvinshilmer.blogspot.com
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  Marvin Shilmer

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  “… The CEO of one of the nations largest health insurance companies received a bonus of $43 million while cutting benefits and raising premiums, how did his employees make out in wage increases.”

  Designs I have two questions for you:

  1. If you OWN a company and want to continue realizing income from YOUR company at the rate of X-per-year, and THAT was your primary goal in choosing the new CEO of your company, HOW MUCH would you be willing to pay the top decision-maker to get the one you need?

  2. If you agreed to pay your new CEO ten-zillion dollars per year based on meeting your return of X-per-year, would that ten-zillion dollars really matter so long as you got your expected return?

  Marvin Shilmer

  http://marvinshilmer.blogspot.com
• 

  Berengaria

  Six is absolutely correct. When I heard that bit of the speech this morning on my way to work I shouted "Hallelujah, it's about time we start talking about this!".

  Productivity in this country has gone through the roof over the last 30+ years, but wages have stayed stagnant. Or even declined. Yes people are working harder and harder, for the same living. Tell me, if you work at a company that lays off 10% of it's work force, but they continue to increase profits and do the same job, who is doing the work? The other 90%. I've seen this happen over and over again, with myself and my husband. People don't even realize it because they are so grateful to be left with a job unlike their coworkers who were part of "downsizing".
• 

  Marvin Shilmer

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  For a person beginning his or her career, working hard is not an option if they want to earn more. Every single person you find whose income has grown can tell you how hard they had to work over the years to attain whatever success. But it took more than working hard. It also took working smart. Every one of these people will tell you this. Every one.

  Profits are for owners. Wages are for employees.

  If a person wants to be an owner then put skin in the game like all the other owners have. If a person does not want to run this risk then let them seek employment by someone who does. Then they can earn a wage as an employee and whatever is the competitive wage is what they stand to earn. If they want more, then put skin in the game and become an owner. It does not take a lot of money to start a business. It takes determination (which begins with a choice), and it takes hard work and it takes working smart.

  It’s stupid to think hard work has not led to higher incomes. It happens every single day of the week!

  It’s stupid to think businesses making more profit has not led to expansions and better jobs. It happens every day of the week.

  Marvin Shilmer

  http://marvinshilmer.blogspot.com