Why wages are finally picking up. And will it last?

your figures were wrong then and now. inflation is about 2.3% Wages are now up 2.9% and hopefully more.
* also quite a few sectors are more.
* also retiring boomers with higher wages are being replaced by millenials with lower wages -
- bringing down average wage growth.
* also "in kind" compensation is going up - but not reflected in wage growth.
* also tax cuts will be felt next year, but mean more take home pay now.
* also the number of jobs growth under Obama is about the same but higher paying jobs are increasing as well

July 2017 to July 2018 inflation and wages are both 2.9%. That is simply a fact. If a few sectors are more than a few sectors are less.
 
you can't grow wages without inflation, so the banks raise the rates to slow it down.
eventually we can get back to a "normal economy" with interest rates high enough to provide future flexibility
when the economy slows again
 
you can't grow wages without inflation, so the banks raise the rates to slow it down.
eventually we can get back to a "normal economy" with interest rates high enough to provide future flexibility
when the economy slows again

Like he'll you can't.
Where do you come up with this bullshit?
 
Like he'll you can't.
Where do you come up with this bullshit?
I swear to great Buddha you are a cancer of the mind with your postings.
Why do you think FED is raising rates 4x this year? The primary reason is to keep the economy from overheating.

https://www.investopedia.com/terms/w/wage-push-inflation.asp
Economists track wages closely because of their wage push inflation effects. Wage push inflation has an inflationary spiral effect that occurs when wages are increased and businesses must — to pay the higher wages — charge more for their products and/or services.
Additionally, any wage increase that occurs will increase the money supply of consumers. With a higher money supply, consumers have more spending power, so the demand for goods increases. An increase in demand for goods then increases the price of goods in the broader market. Companies charge more for their goods to pay higher wages, and the higher wages also increase the price of goods in the broader market.
 
I swear to great Buddha you are a cancer of the mind with your postings.
Why do you think FED is raising rates 4x this year? The primary reason is to keep the economy from overheating.

https://www.investopedia.com/terms/w/wage-push-inflation.asp
Economists track wages closely because of their wage push inflation effects. Wage push inflation has an inflationary spiral effect that occurs when wages are increased and businesses must — to pay the higher wages — charge more for their products and/or services.
Additionally, any wage increase that occurs will increase the money supply of consumers. With a higher money supply, consumers have more spending power, so the demand for goods increases. An increase in demand for goods then increases the price of goods in the broader market. Companies charge more for their goods to pay higher wages, and the higher wages also increase the price of goods in the broader market.

The Fed having to raise interest rates is a happy problem lol.
 
The Fed having to raise interest rates is a happy problem lol.
we forget about actua linterest rates after the obama 0 interest rate.
I think 4 rate increases in 1 year is too much ; but the fact we are on track to 3% anyways speaks for itself
 
we forget about actua linterest rates after the obama 0 interest rate.
I think 4 rate increases in 1 year is too much ; but the fact we are on track to 3% anyways speaks for itself

Cut the Fed some slack, they’re having to deal with a hot economy and they’re out of practice lol.
 
I swear to great Buddha you are a cancer of the mind with your postings.
Why do you think FED is raising rates 4x this year? The primary reason is to keep the economy from overheating.

https://www.investopedia.com/terms/w/wage-push-inflation.asp
Economists track wages closely because of their wage push inflation effects. Wage push inflation has an inflationary spiral effect that occurs when wages are increased and businesses must — to pay the higher wages — charge more for their products and/or services.
Additionally, any wage increase that occurs will increase the money supply of consumers. With a higher money supply, consumers have more spending power, so the demand for goods increases. An increase in demand for goods then increases the price of goods in the broader market. Companies charge more for their goods to pay higher wages, and the higher wages also increase the price of goods in the broader market.

LMFAO

Better let Sec. of Treasury Steve Mnuchin know, because he claimed otherwise in his speech in February.
Interestingly other economists verified his account as well.

Fucking know nothing retard.
So fucking sick of your lies.
 
LMFAO

Better let Sec. of Treasury Steve Mnuchin know, because he claimed otherwise in his speech in February.
Interestingly other economists verified his account as well.

Fucking know nothing retard.
So fucking sick of your lies.
I even linked it for you... I doubt you follow any of this
 
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