Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Willie Green; oceanview; 1rudeboy
Please demonstrate that real income is lower now than in 1964. Thanks in advance.

Could you give this guy the stats ?

106 posted on 10/21/2004 8:16:12 AM PDT by Sam the Sham
[ Post Reply | Private Reply | To 99 | View Replies ]


To: Sam the Sham

They cannot. They've tried.


112 posted on 10/21/2004 9:35:50 AM PDT by 1rudeboy
[ Post Reply | Private Reply | To 106 | View Replies ]

To: Sam the Sham
Could you give this guy the stats ?

Sorry, you're on your own.
My first car was a '66 Mustang...
and I won't be drawn into some silly debate as to whether a '64 VW or an '05 Kia is "better".
As far as I'm concerned, they're BOTH imported crap.

115 posted on 10/21/2004 9:46:55 AM PDT by Willie Green (Hawkins/Tonnelson in 2004!!!)
[ Post Reply | Private Reply | To 106 | View Replies ]

To: Sam the Sham

this comes up every time. the only meaningful statistic is private sector wages excluding government employees (public school teachers, workers at public hospitals, public transportation) - because they get raises every year paid for by taxes from the private sector - and excluding executives making over $300K per year (arbitrary), because we are trying to exclude the concentration effects of offshoring. Oracle sends 500 $70K engineering jobs to India, those workers end up earning 30% less at their new jobs, but 25 Oracle executives take home a $500K bonus as a result.

That's the only real wage trend I am interested in seeing. Of course, the public school teachers don't care about this wage trend from their perspective, and that's their business. But to find out what is really happening to the private sector middle class, this is what you would need to see.


128 posted on 10/21/2004 12:28:11 PM PDT by oceanview
[ Post Reply | Private Reply | To 106 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson