Stock Market Selloff Starting Early [Now.]

Various sources. | December 6, 2018 | familyop

[Covenantor]

....For instance, Safeway workers told me they got a penny per hour raise.

Did they tell how much the unions took? They're unionized yu know.

[Vaduz]

Maybe tech Ind. has peaked making more toys than useful item.

[amihow]

No, but local market not unionizedvsame story by employees. One 60 year old, with high skilled background, working deli, told me he cannot afford an efficiency apartment with wages from full time job. He lives in a camper on a friend's commercial property.

I have lots of grandchildren and all working, except for lawyer and entrepreneur,same issue.

Reagan avoided this mistake. Trump hasn't or couldn't

[daler]

"I am wondering if this is not a market manipulation on part of anti-Trump Deep-Staters."

My first instinct, based on what I've been witnessing over the last two years.

[familyop]

The government-fed political/regulator class doesn’t like seeing the private sector grow despite the revenues provided.

Small Business Reporting Record Wage Increases
https://www.breitbart.com/midterm-election/2018/05/31/business-reports-record-wage-increases/

Small Business Optimism Soars to Highest Level in 34 Years, Wage Increases Hit 45-Year Record
https://www.breitbart.com/politics/2018/06/12/small-biz-optimism-may/

Winning: Trump Beats Bezos, Forces National Wage Raise
https://www.breitbart.com/politics/2018/10/03/winning-trump-beats-bezos-forces-national-wage-raise/

Trump’s Tight Labor Market Secures $18 Wages for Chick-fil-A Workers
https://www.breitbart.com/politics/2018/05/30/trumps-tight-labor-market-secures-18-wages-for-chick-fil-a-workers/

Trump’s Rising Wages are ‘Nightmare’ Says Restauranteur
https://www.breitbart.com/immigration/2018/05/22/trump-rising-wages-are-nightmare-says-restauranteur/

First Farmers Bank Announces Wage Hikes, Bonuses, and Community Investment
https://www.breitbart.com/politics/2017/12/27/first-farmers-bank-announces-wage-hikes-bonuses-and-community-investment/

Nolte: 7 Amazing Facts About Trump’s Economy Media Don’t Want You to Know
https://www.breitbart.com/politics/2017/12/19/nolte-7-facts-trumps-economy-media-dont-want-know/

American Small Business Workers See Historic Wage Increases Secured by Strict Immigration Enforcement
https://www.breitbart.com/politics/2018/02/18/american-small-business-workers-see-historic-wage-increases-secured-strict-immigration-enforcement/

Manufacturing Boom Secures Massive Wage Increases for American Workers in Illinois County
https://www.breitbart.com/politics/2018/08/23/manufacturing-boom-secures-massive-wage-increases-for-american-workers-in-illinois-county/

FedEx Announces $3.2 Billion in Wage Increases, Bonuses Due to Tax Reform
https://www.breitbart.com/politics/2018/01/26/fedex-announces-3-2-billion-wage-increases-bonuses-due-tax-reform/

U.S. Steelworkers Get Largest Wage Hike in Years with Trump’s Tariffs
https://www.breitbart.com/politics/2018/10/17/u-s-steelworkers-get-largest-wage-hike-in-years-with-trumps-tariffs/

Trump’s Tight Labor Market Delivers Wage Increases for Wisconsin Rust Belt
https://www.breitbart.com/politics/2018/07/25/trumps-tight-labor-market-delivers-wage-increases-for-wisconsin-rust-belt/

U.S. Garment Workers Get Wage Raises as Stricter Immigration Enforcement Tightens Labor Market
https://www.breitbart.com/politics/2018/02/04/u-s-garment-workers-get-wage-raises-stricter-immigration-enforcement-tightens-labor-market/

Jeff Bezos’ Washington Post: Trump’s Tight Labor Market for Americans ‘Reaching Crisis Proportions’
https://www.breitbart.com/politics/2018/04/09/jeff-bezos-washington-post-trumps-tight-labor-market-for-americans-reaching-crisis-proportions/

Largest Truck Company Predicts 20 Percent Wage Raise by End 2019
https://www.breitbart.com/politics/2018/10/16/largest-truck-company-expects-20-percent-wage-raise-by-end-of-2019/

Report: Summer Hiring is Raising Voters’ Wages Before Election
https://www.breitbart.com/midterm-election/2018/05/30/report-summer-hiring-raising-hourly-wages/

Trump Jumps Wages for Jeff Bezos’ Warehouse Workers
https://www.breitbart.com/politics/2018/06/06/trump-bumps-wages-for-jeff-bezos-warehouse-workers/

WINNING: Tech Companies May Increase Wages to Attract US Workers
https://www.breitbart.com/border/2017/08/13/winning-tech-companies-may-increase-wages-to-attract-us-workers/

Wages Rise at Strongest Pace in Nearly a Decade
https://www.breitbart.com/politics/2018/04/27/wages-rise-at-strongest-pace-in-nearly-a-decade/

Nationwide Insurance Announces Bonuses, Increases 401(k) Matching Thanks to Tax Reform
https://www.breitbart.com/politics/2018/01/03/nationwide-side-insurance-giant-announces-bonuses-increases-401k-matching-thanks-tax-reform/

Atlantic Magazine: Low Unemployment Raises Wages in Iowa
https://www.breitbart.com/midterm-election/2018/07/08/atlantic-mag-iowa-economy-raises-wages/

[Freedom56v2]

Seems there are few lines they are not willing to cross in their quest to bring down Trump

[Buckeye McFrog]

Seems there are few lines they are not willing to cross in their quest to bring down Trump

Until they reach that final one made of all of us. Standing next to each other. With guns.

[Buckeye McFrog]

Reagan avoided this mistake. Trump hasn't or couldn't

Were you alive during Reagan's presidency? The same problems absolutely existed.

[familyop]

amihow:
"....For instance, Safeway workers told me they got a penny per hour raise."

Covenantor:
"Did they tell how much the unions took? They're unionized yu know."

Yes. Wages have been going up in many service jobs. Some young people have told me that their getting quite a bit more pay in service jobs.

President Trump knows that the political/regulator class depends on a strong private sector for survival, and that includes a large manufacturing base on U.S. soil (as contrasted with U.S.-"based" manufacturing on foreign soil). The increasingly outrageous piles of government debt are a result, in large part, of intentional de-industrialization and declining manufacturing on U.S. soil causing balance of payments deficits in trade. That, and continuing big government spending, of course.

The can of worms was there all along. President Trump simply exposed it. It's time to fight, until it's buried. Democrats received much more campaign funding than Republicans for the midterm elections. We, the little people, need to make sure that it doesn't happen between now and 2020.

[Bookshelf]

Wall Street vs. Main Street writ large.

[amihow]

Yes,I was alive and benefited. I also lived through the horrible depression! caused by Carter early on in Reagan's first term. I actually was super involved in both Reagan campaigns. And have been an early Trump supporter.

I just do not see much lower and middle class improvement yet with Trump.

[familyop]

Yep. I’ve heard complaints from Safeway employees about their low pay. Walmart employees are paid much more. Many fast food employees get higher pay now. It’s no surprise, though.

Learn About United Food and Commercial Workers Unions
BY BARBARA FARFAN Updated July 10, 2017
https://www.thebalancesmb.com/united-food-and-commercial-workers-unions-2892824
“What follows is a roundup list of retail grocery and supermarket chains in which employees are members of the United Food and Commercial Workers Union (UFCW)...Unionized Supermarket and Grocery Store Chains in the U.S. Retail Industry (continued):
[...]
Safeway
[...]”

[familyop]

The Dow is going back up a little (down a little over 400 for the day now, so far).

[minnesota_bound]

So Trump has a Chinese lady arrested for some chips but allows traitors like the clintons and obama walk free.

[familyop]

Yeah! Next thing ya know, he’ll be causing a winter storm somewhere, just to stop hens from laying eggs.

[Lazamataz]

Stock prices and the economy do not correlate.

[Lazamataz]

You mention Safeway employees getting a penny an hour raise. You then call a Safeway deli guy ‘skilled labor’.

He’s not.

I’m skilled labor. I do Big Data computer development, 145 million records a shot for one process alone. I got 4% raise and 8% bonus last year. Look to do the same this year.

[amihow]

Sorry, but I said the Deli guy, at a local market, not Safeway, WAS a skilled worker before he went to work at Deli.

My point was that a skilled person, he should be worth decent pay even at Deli.