Posted on 03/07/2015 5:54:02 PM PST by Lorianne
And your friend paid? Sounds like a one percenter. See? Two can play at that game.
Middle America wages have been stagnant for well over a decade. I guess that's reasonable.
People will pay thousands just to go to amusement parks for 2 days.
I would agree....this wasn’t a very thoughtful article. If you use historical trends/dividend payments....most companies have paid a decent dividend since the 1960s. Some avoid it...I agree. But most companies pay at least one percent on dividends.
I you really want to know why wages are low, there are two reasons:
1. There is no recovery. We are still in the Obama recession. When the government talks about recovery, they are lying to you, and
2. Obama has increased the labor supply at a time of stagnant labor demand. This produces wage and salary declines.
Amnesty may produce more democrat votes, but it is lowering living standards.
That magic trick only works on the "appear side". Of course, once the Fed tries to allow some normalization, I'll bet we find less visible wealth than all the magic money is claimed/thought to have generated...
“The stock market is a fictitious mess, and when this one collapses there will be blood on the walls.”
If it is like 2008 the government will step in again, bail out the investment firms, and leave the taxpayer with the bill. Many middle class workers will lose their jobs and will experience their retirement savings declining by 50% or more. Within a year the investment firms will resume paying double digit bonuses to executives “earned” through transaction fees generated by churning the what is left of the 401K and IRA accounts of the public.
As in 2008, there will be little blood on the walls on Wall Street. Ask the boys at Goldman, JP Morgan or Obama’s billionaire buddies Warren Buffett, George Soros, and Tom Steyer how they fared in 2008. Crony capitalism pays big money in good times and bad times. The days of Wall Street bankers leaping out their windows during a crash are long gone.
Corporate thinking isn't focused on the long run. It's focused on next quarter's earnings and what effect that has on the stock price.
You seem to be the only one who read that far into the article :)
That is true of many, but not all corporations. Millions of dollars are spend on R&D by numerous corporations. My old company seemed to have that mentality in the 1990’s, but not any more. They are kicking tail in their industry now.
Then they are the exception rather than the rule.
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