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ProSense

(116,464 posts)

6. MUST PROTECT FACTS.

Reply to Capt. Obvious (Reply #3)

Fri Apr 4, 2014, 02:13 PM

Apr 2014

That's actually helpful.

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Median incomes are not growing as fast as they should be. This is true. And it is a serious problem. [View all] DanTex Apr 2014 OP

In the face of these wage declines, why is the primary concern what people think of Obama? cthulu2016 Apr 2014 #1

The OP is about both policy and political reality. DanTex Apr 2014 #2

MUST PROTECT OBAMA Capt. Obvious Apr 2014 #3

That explains much Fumesucker Apr 2014 #5

S'rly Capt. Obvious Apr 2014 #8

it's ODS Skittles Apr 2014 #47

MUST PROTECT FACTS. ProSense Apr 2014 #6

What "wage declines"? ProSense Apr 2014 #4

You are intentionally using figures unadjusted for inflation??? cthulu2016 Apr 2014 #14

"Adjusted for inflation, they were up 1.2% MoM and 2.4% YoY." ProSense Apr 2014 #18

Why do you say that when ProSense provided a chart with both real and nominal figures? stevenleser Apr 2014 #21

Prosense is referring to a trend in the last month/year, which is small in comparison to what is DireStrike Apr 2014 #53

Nonsense. The trend has been upward for the last three years. The chart shows that. n/t ProSense Apr 2014 #56

Yes, if you squint really hard you can see a very minor increase in real wages DireStrike Apr 2014 #58

I think the problem that many have.... NCTraveler Apr 2014 #7

Disagree, and ProSense Apr 2014 #9

I get that you disagree. NCTraveler Apr 2014 #10

Well, ProSense Apr 2014 #11

"...I expected dismissal, and your comment flies in the face of the reality." NCTraveler Apr 2014 #13

I most ProSense Apr 2014 #17

Prosense, you have not come close to making the case that this is fundamental and structural change. NCTraveler Apr 2014 #22

Pure nonsense ProSense Apr 2014 #26

How is it fundamental and structural change to the economy? NCTraveler Apr 2014 #27

What the hell? ProSense Apr 2014 #28

Nonsense. NCTraveler Apr 2014 #30

You really ProSense Apr 2014 #33

You're Just Being Obstinate ProfessorGAC Apr 2014 #40

A couple of things. NCTraveler Apr 2014 #45

It's not ProSense Apr 2014 #49

Where Do I Stand? ProfessorGAC Apr 2014 #60

Well, I'm not sure what you mean by "fundamental and structural change". DanTex Apr 2014 #36

"it seems more like vague generalities rather than specific policy objections" NCTraveler Apr 2014 #38

I agree with a lot of what you say. DanTex Apr 2014 #50

The baseline needs to be the crash of 2008. CJCRANE Apr 2014 #12

Raising the minimum wage won't have any effect on the median income, will it? Donald Ian Rankin Apr 2014 #15

Not really. Increasing the minimum wage improves the safety net, but doesn't help most of us. reformist2 Apr 2014 #19

see my post right below cthulu2016 Apr 2014 #24

Good point. But I don't think 50% of workers are making $10 or less. Maybe 25-30% of workers. reformist2 Apr 2014 #25

Yes, the pressure from the artificial floor should decrease somewhat as you go up, but cthulu2016 Apr 2014 #31

Surely it would shift the median line to the right? CJCRANE Apr 2014 #20

I don't believe so. Donald Ian Rankin Apr 2014 #32

I'm not a statistician but that doesn't make sense to me. CJCRANE Apr 2014 #34

The median is the income of the middle person. Donald Ian Rankin Apr 2014 #35

I think it's the middle value, not the middle person. CJCRANE Apr 2014 #37

The middle value is the value of the middle person. N.T. Donald Ian Rankin Apr 2014 #41

If you have 300 million people then the middle person is #150 million. CJCRANE Apr 2014 #43

And the median income is that person's income. Donald Ian Rankin Apr 2014 #46

OK, as per my edit above I think you are right on that point CJCRANE Apr 2014 #48

It will affect more than 50% of wages, surely. Arguably 100%. cthulu2016 Apr 2014 #23

As cthulu pointed out, it would likely have indirect impact on wages beyond just DanTex Apr 2014 #57

Proud to be the first to rec this. Obama has fought HARD for the minimum wage Cali_Democrat Apr 2014 #16

Even with median income going up, everything you listed should happen. randome Apr 2014 #29

And here I thought this was going to be a thread about issues Marrah_G Apr 2014 #39

Short Fuse? ProfessorGAC Apr 2014 #42

Not just this one Marrah_G Apr 2014 #44

they're getting worse, aren't they? Skittles Apr 2014 #51

Yes Marrah_G Apr 2014 #52

It's unfortunate that you are going to ignore me instead of engaging. DanTex Apr 2014 #55

she, as am I, is simply fed up with it Skittles Apr 2014 #59

k&r n/t RainDog Apr 2014 #54