http://www.bls.gov/ilc/china.htm#data_tables
Posted on 11/01/2013 11:22:08 AM PDT by Olog-hai
The real median earnings of both men and women dropped in the third quarter of 2013 and are down 3.2 percent since President Barack Obama took office in the first quarter of 2009, according to data released today by the Bureau of Labor Statistics.
In non-inflation-adjusted dollars, Americans who worked full-time for a wage or salary had median usual weekly earnings of $775 in second quarter of 2013 and $777 in the third quarter. In current dollars that was $2-per-week increase. However, when adjusted for inflation, median earnings actually declined from the second to the third quarter, according to BLS. …
(Excerpt) Read more at cnsnews.com ...
Hey, I have an idea: let’s have the government create a healthcare system to help only those who do not have health insurance, or have pre-existing conditions . . . what could possibly go wrong?
Well put the same taxes and regulations on imports so that American companies are not penalized. No free rides for imports.
EXCELLENT!!!
The solution for an over-bloated and over reaching oppressive government is to expand and extend that government’s over reach world wide!
BRILLIANT!!!
Let no peasant in any corner of the world be free from America’s crushing power!
All Hail Obama!
That horse left about 40 years ago when we lowered the tarriffs that server our country well it's first 190 years. It's not too late to bring that horse back, but public education has to be done. A lot of people are already figuring it out.
Until we are willing to address WHY the jobs left America in the first place, you just wasting air....
The only reason they left is that there was cheaper labor elsewhere. Raise the import tariffs and they will come back.
You can eliminate all regulations and taxes and we still couldn't compete against Chinese labor that is willing to work 12 hour days for $2/day.
The question is why should be compete against cheap Chinese labor when we don't have to. If there were enough jobs in our own economy it would make sense to offshore some of the less valuable jobs to China. But we have high unemployment.
What's more, China doesn't allow the funds we send over there to buy U.S. trade goods. They gather the funds through taxes and through state owned firms. And then instead of buying U.S. trade goods, they buy U.S. manufacturing firms and U.S. debt. Raise the import tariffs and that will come to an end.
I’m just curious—do you have a Five Year Plan? I’d be interested to see it.
If you can't compete with a barefoot Chinese farm worker who just moved to the city, I don't think tariffs will help you.
Chinese companies bringing in H1B’s for $1.50 an hour might have a little something to do with this.
Why wouldn't they? It's very simple. You raise the tariff. The barefoot chinese worker loses his job, an American gains one. Yes the product cost more now, but Americans are employed and can now afford to buy the produce, where before they were unemployed and couldn't even afford the cheap product.
What American industry/worker is competing with a $0.16 hour Chinese worker? Be specific.
All of them. Every single industry and every single worker is competing against chinese workers at $0.16/hour.
There are other factors to consider. But every industry, every business has to decide whether to off-shore or not. For many the choice is whether to off-shore or go out of business, because your competitors either already have or will off-shore soon.
http://www.bls.gov/ilc/china.htm#data_tables
As long as the stores are full of Chinese goods and Americans are unemployed. I'll be saying "Raise the import tariffs".
Even if China catches up to us in wages, as long as the stores are full of their goods and Americans are unemployed, I'll be saying "Raise the import tariffs."
I see you are fighting the progressive brainwashed income tax loving anti freedom loving tariff hating butt wipes again. Good show, carry on.
3.2 percent? Is that all? Big deal, under Obama, my wages went down 100 percent! I haven’t had a job for most of the past three years.
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