Platinum Contributing Member steve from amherst Posted November 3, 2018 Platinum Contributing Member Share Posted November 3, 2018 The US Labor Department said wages grew at an annual rate of 3.1% in October, accelerating from a rate of 2.8% the month before. The economy also added 250,000 jobs last month, beating expectations, while the jobless rate remained at 3.7%. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member ViperGTS/Z1 Posted November 4, 2018 Platinum Contributing Member Share Posted November 4, 2018 1 1 Quote Link to comment Share on other sites More sharing options...
Pete Posted November 4, 2018 Share Posted November 4, 2018 Quote Link to comment Share on other sites More sharing options...
Momorider Posted November 4, 2018 Share Posted November 4, 2018 18 minutes ago, ViperGTS/Z1 said: #WONTHEINTERNTTODAY Quote Link to comment Share on other sites More sharing options...
Zambroski Posted November 4, 2018 Share Posted November 4, 2018 Poor Moto. Obama is making an even bigger fool of himself right now. It’s actually quite funny. Quote Link to comment Share on other sites More sharing options...
motonoggin Posted November 4, 2018 Share Posted November 4, 2018 Gonna take an awful lot to catch up with 40 years of stagnation... Quote Link to comment Share on other sites More sharing options...
Zambroski Posted November 4, 2018 Share Posted November 4, 2018 1 minute ago, motonoggin said: Gonna take an awful lot to catch up with 40 years of stagnation... Adjusted for inflation, COL and price indexes? “But Muh mygrutz!!!!” Quote Link to comment Share on other sites More sharing options...
AKIQPilot Posted November 4, 2018 Share Posted November 4, 2018 1 hour ago, ViperGTS/Z1 said: Poor @Snoslinger hahahahahaha Quote Link to comment Share on other sites More sharing options...
XC.Morrison Posted November 4, 2018 Share Posted November 4, 2018 Nominal wages growth means nothing without factoring in the inflation rate which I’m guessing will come in right around 3%, leaving a real wage growth number of .1% which would be far less than Obama’s numbers. Sorry for spoiling y’alls fun time. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted November 4, 2018 Share Posted November 4, 2018 3 minutes ago, XC.Morrison said: Nominal wages growth means nothing without factoring in the inflation rate which I’m guessing will come in right around 3%, leaving a real wage growth number of .1% which would be far less than Obama’s numbers. Sorry for spoiling y’alls fun time. ”Nominal”. “Thanks Obama!” Quote Link to comment Share on other sites More sharing options...
snopro31 Posted November 4, 2018 Share Posted November 4, 2018 Yea Obama. Getting it done Quote Link to comment Share on other sites More sharing options...
XC.Morrison Posted November 4, 2018 Share Posted November 4, 2018 1 minute ago, Zambroski said: ”Nominal”. “Thanks Obama!” Yeah, it’s kind of like bragging that your car goes 67,140 mph, which sounds impressive but fails to factor in the fact that the earth is going 67,000 mph around the sun. Does that help? Quote Link to comment Share on other sites More sharing options...
Sal Rosenberg Posted November 4, 2018 Share Posted November 4, 2018 1 minute ago, XC.Morrison said: Yeah, it’s kind of like bragging that your car goes 67,140 mph, which sounds impressive but fails to factor in the fact that the earth is going 67,000 mph around the sun. Does that help? Just admit it , you haven't seen a pay raise in 15 years other than the time the boss asked you what color carpet that you wanted under his desk 1 Quote Link to comment Share on other sites More sharing options...
Zambroski Posted November 4, 2018 Share Posted November 4, 2018 Just now, XC.Morrison said: Yeah, it’s kind of like bragging that your car goes 67,140 mph, which sounds impressive but fails to factor in the fact that the earth is going 67,000 mph around the sun. Does that help? Yes. Yes it does. Quote Link to comment Share on other sites More sharing options...
XC.Morrison Posted November 4, 2018 Share Posted November 4, 2018 Here’s a handy chart showing the real wage growth numbers for anyone still confused: Quote Link to comment Share on other sites More sharing options...
Zambroski Posted November 4, 2018 Share Posted November 4, 2018 Just now, XC.Morrison said: Here’s a handy chart showing the real wage growth numbers for anyone still confused: Holy shit. Quote Link to comment Share on other sites More sharing options...
Dave Posted November 4, 2018 Share Posted November 4, 2018 8 minutes ago, XC.Morrison said: Here’s a handy chart showing the real wage growth numbers for anyone still confused: Heres a handy video... Quote Link to comment Share on other sites More sharing options...
Anler Posted November 4, 2018 Share Posted November 4, 2018 Add in inflation and how much is it. Needs to come up alot more really. Hopefully this trade shit works out. That will bump up demand enough to give a healthy goose to wages. Quote Link to comment Share on other sites More sharing options...
Sal Rosenberg Posted November 4, 2018 Share Posted November 4, 2018 1 minute ago, Anler said: Add in inflation and how much is it. Needs to come up alot more really. Hopefully this trade shit works out. That will bump up demand enough to give a healthy goose to wages. Yep. Morrison is actually right on that one Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted November 4, 2018 Gold Member Share Posted November 4, 2018 40 minutes ago, XC.Morrison said: Here’s a handy chart showing the real wage growth numbers for anyone still confused: Democrats have taken credit for the economy ever since trump as been president... look at the big fall obama caused in wage growth in 09-10.. damn that was a big fall under Obama’s watch!!! Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 4, 2018 Share Posted November 4, 2018 1 hour ago, XC.Morrison said: Nominal wages growth means nothing without factoring in the inflation rate which I’m guessing will come in right around 3%, leaving a real wage growth number of .1% which would be far less than Obama’s numbers. Sorry for spoiling y’alls fun time. Inflation is almost doubled in the last 2 years Quote Link to comment Share on other sites More sharing options...
Rod Posted November 4, 2018 Share Posted November 4, 2018 The alt left be like but muh bathrooms Quote Link to comment Share on other sites More sharing options...
snopro31 Posted November 4, 2018 Share Posted November 4, 2018 56 minutes ago, BOHICA said: Democrats have taken credit for the economy ever since trump as been president... look at the big fall obama caused in wage growth in 09-10.. damn that was a big fall under Obama’s watch!!! that fall went almost to 2012. Obama did so much for the country. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted November 4, 2018 Share Posted November 4, 2018 2 hours ago, XC.Morrison said: Yeah, it’s kind of like bragging that your car goes 67,140 mph, which sounds impressive but fails to factor in the fact that the earth is going 67,000 mph around the sun. Does that help? Like the guys that would pile one performance part after another on their sled. They’d end up with something so blazingly fast that it was slow. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted November 4, 2018 Author Platinum Contributing Member Share Posted November 4, 2018 (edited) 9 hours ago, XC.Morrison said: Nominal wages growth means nothing without factoring in the inflation rate which I’m guessing will come in right around 3%, leaving a real wage growth number of .1% which would be far less than Obama’s numbers. Sorry for spoiling y’alls fun time. Acording to NPR ( that's where the article comes from ) inflation is at 2 %. Edited November 4, 2018 by steve from amherst Quote Link to comment Share on other sites More sharing options...
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