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1.) The US wage stagnation/decline for the last 10-15 years has been caused by globalization of labor/emergence of China/India. It is not a recent phenomenon.
by startuprules 16y ago
1.) The US wage stagnation/decline for the last 10-15 years has been caused by globalization of labor/emergence of China/India. It is not a recent phenomenon.
2.) If you think government printing money will increase/steady your wage, look no further then the last bailout/printing. The banks/shareholders got all the money. You got lost wages and lost jobs.
On a side note, man, there's alot of sheeples on this board. Do you all like get up early in the morning to go to work and get robbed?
- jbooth 16y agoYou're getting downmodded because you're expressing views on economics that are so far off that they "aren't even wrong", and doing them in a way that implies you're smarter than everyone else.
- startuprules 16y agoPlease, then tell me why my arguments are wrong. Don't be offended just because you're one of those sheeples that go to work every day that have to withstand long commute and increasing workloads, so that you can be effectively taxed at 70% after inflation.
- jbooth 16y agoTo start with, noone in the US is taxed at 70%. That's the "wrong" part. Second, inflation doesn't even come into play with your tax bill, except maybe in a very tiny way in between withholding and tax day. And that inflation figure is currently about zero. So "taxed at X% after inflation" is meaningless. That's the "Not even wrong" part.
- yummyfajitas 16y agoNot to mention the use of the word "sheeple". [edit: just realized I agree with jbooth on something. I don't know if that's ever happened before.]
- jbooth 16y agoYeah, that really doesn't help any argument. Protip: When everyone else is crazy, re-evaluate the possibility that you're the crazy one :)
- startuprules 16y agoI could be crazy :) I am sitting in a coffeeshop relaxing and spending money from my income-generating business, while I watch worker drones go to work with scowls on their face, awaiting to be blamed for failing profits at their company. Oh and if you think inflation is near 0%, you're not as smart as I thought you were ;)