a look at stagnant wages in the us
10-08-2014, 09:11 PM
#1
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a look at stagnant wages in the us
The American worker has lost power and wages as stakeholder value has been supplanted to only shareholder value. Note section on stock buybacks.
The vanishing pay raise
Harold Meyerson: How workers lost the power struggle ? and their pay raises - The Washington Post
The vanishing pay raise
Harold Meyerson: How workers lost the power struggle ? and their pay raises - The Washington Post
10-09-2014, 02:45 AM
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Originally Posted by avalanche
We have to be patient and wait for the trickle down.
10-09-2014, 04:12 AM
#5
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Originally Posted by Rock
No, that was in previous decades when people actually worked for a living. Now people who work for a living get to pay for the growing millions who choose not to. That's not "trickle" anything. It's more like federal fracking of your paycheck.
Nick Hanauer gave a good explanation in his TED Talk. He is not a professional speaker but a partner in a private equity firm. He earns between $10 million and $30 million a year.
A TED Talk on Income Inequality by Nick Hanauer - YouTube
10-09-2014, 04:37 AM
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Originally Posted by FoxHunter
... He is not a professional speaker but a partner in a private equity firm.
He earns between $10 million and $30 million a year.
He earns between $10 million and $30 million a year.
Shhhh....No!
Earnings would be taxable at normal tax rates
As a private equity partner, his labor is compensated as "carried interest"
That's taxed at far lower rates!
10-09-2014, 05:51 AM
#7
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I own a small business and the positions I have pay more than minimum wage, but only slightly above what someone on unemployment takes home.
Three people I tried to hire chose to stay at home and take the government check and not work for me.
Your tax dollars hard at work while the individual is not hard at work when offered a job.
Three people I tried to hire chose to stay at home and take the government check and not work for me.
Your tax dollars hard at work while the individual is not hard at work when offered a job.
10-09-2014, 05:53 AM
#8
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Originally Posted by FoxHunter
In the 1960s and 70s Cessna built 900 to 1600 C-172s each year. In recent years it has been a little over 100 per year even though the US population has grown by 30%.
George, George, George ...
As usual you only tell part of the story (maybe you'd make a good Obama staffer?).
And now ... the rest of the story.
In the 60's, 70's and 80's there were significant legal judgements against General Aviation Manufacturers. Cessna never imagined when they produced an airplane that they might be legally liable for accidents 50 years later. They stopped producing airplanes (maybe that's why sales plummeted?)
In an effort to limit manufacturer liability and save the industry, Congress passed the General Aviation Revitalization Act (GARA). I'll spare you the ugly details and post a link below ...
General Aviation Revitalization Act - Wikipedia, the free encyclopedia
10-09-2014, 06:22 AM
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Originally Posted by FDXLAG
The fact that all new jobs created in the last 10 years have gone to immigrants might have something to do with it.
10-09-2014, 07:11 AM
#10
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Originally Posted by DLax85
Earns...??
Shhhh....No!
Earnings would be taxable at normal tax rates
As a private equity partner, his labor is compensated as "carried interest"
That's taxed at far lower rates!
Shhhh....No!
Earnings would be taxable at normal tax rates
As a private equity partner, his labor is compensated as "carried interest"
That's taxed at far lower rates!
Warren Buffet's view of the issue.
Warren Buffett on Carried Interest and Capital Gains Taxes: Investment Partnerships - YouTube
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