Median incomes up $5k under Trump

[wdmso]

Originally Posted by Jim in CT

so your experience, is necessarily the same as everyone else’s?

that’s some great logic there. “I didn’t get a raise, therefore it’s not possible that anyone else did.”

Wow.
Posted from my iPhone/Mobile device

President Donald Trump claims that annual income for the typical household is up by an inflation-adjusted $5,000 since he took office.

is this Trumps you can keep your doctor lies that outrages so much , because I kept my doctor and not the 5k he says I should have .


Typical household or did you miss that part I am a typical household ... is that a NO or a yes that you made 5k more working normal hours ,,, not counting over time .. or is this to hard to figure out?

[Jim in CT]

Originally Posted by wdmso

President Donald Trump claims that annual income for the typical household is up by an inflation-adjusted $5,000 since he took office.

is this Trumps you can keep your doctor lies that outrages so much , because I kept my doctor and not the 5k he says I should have .


Typical household or did you miss that part I am a typical household ... is that a NO or a yes that you made 5k more working normal hours ,,, not counting over time .. or is this to hard to figure out?

look up “median”.

or read chapter 1 of any economics text ever written. What you will
learn, is that when the demand for something goes up, the cost goes up. When the supply of something goes down, the cost goes up. With a growing economy and very low unemployment, that means the demand for labor is increasing, but the available supply is low. That means the cost of labor ( wages) will increase.

You asked, so I’ll answer. I’m making more than $5k more than i did in 2016. So are many, many people.
Posted from my iPhone/Mobile device

[scottw]

Originally Posted by Jim in CT

You asked, so I’ll answer. I’m making more than $5k more than i did in 2016. So are many, many people.
Posted from my iPhone/Mobile device

same here....I'm not a union employee whose compensation is tied to some pre-determined formula...sounds like Wayne is expecting a check from the govt. for 5k

[The Dad Fisherman]

Originally Posted by scottw

same here....I'm not a union employee whose compensation is tied to some pre-determined formula...sounds like Wayne is expecting a check from the govt. for 5k

Close, about $4500 here
Posted from my iPhone/Mobile device

[scottw]

Originally Posted by The Dad Fisherman

Close, about $4500 here
Posted from my iPhone/Mobile device

the median income could increase because people had more opportunity to work or improved their situation...

Wayne stated

"President Donald Trump claims that annual income for the typical household is up by an inflation-adjusted $5,000 since he took office."

"anyone else here make 5k more for the same hours worked ? I know i didn't"..

this is fundamentally flawed thinking

annual income for the typical household could go up because people got more hours, worked more overtime, got promotions or better jobs, got second jobs as well as raises...

Wayne, do you think you deserve $5000 more for the same hours worked doing the same work and if so why?

[Jim in CT]

Originally Posted by scottw

Wayne, do you think you deserve $5000 more for the same hours worked doing the same work and if so why?

great question.

One of the kids working for me is making 10k more than she made last year. Same exact job, same exact resopnsibilities and expectations. My company does regular market surveys on salaries, we realized we were underpayng people at her level, so everyone at that level got a big bump. On of the reasons we can afford to do that, is because we now pay a 21% tax rate instead of 35% we had been paying. Tax cuts help, they just do.

[wdmso]

Originally Posted by scottw

the median income could increase because people had more opportunity to work or improved their situation...



Wayne, do you think you deserve $5000 more for the same hours worked doing the same work and if so why?

Wow who made any claim of deserving anything..

Tump claimed 5k. Not me



Hell i can to that in overtime in a month
Ive done 30k extra in a year . Being able to work overtime is not sustainable in many businesses. It a temporary bump not something you can put in your budget

It is funny how you and others now believe in Job numbers and other statistical info from the Government. Just saying

And its sad the some feel people shoud be thankfully to have to work more hours or 2nd jobs to get by..

When most people would love 5k extra or see their base wage go from 35 to 40 or 20 to 25 k.. and stay there
Posted from my iPhone/Mobile device

[scottw]

Originally Posted by wdmso

Wow who made any claim of deserving anything..

Tump claimed 5k. Not me



Hell i can to that in overtime in a month
Ive done 30k extra in a year . Being able to work overtime is not sustainable in many businesses. It a temporary bump not something you can put in your budget

It is funny how you and others now believe in Job numbers and other statistical info from the Government. Just saying

And its sad the some feel people shoud be thankfully to have to work more hours or 2nd jobs to get by..

When most people would love 5k extra or see their base wage go from 35 to 40 or 20 to 25 k.. and stay there
Posted from my iPhone/Mobile device

you aren't making any sense

[Jim in CT]

Originally Posted by The Dad Fisherman

Close, about $4500 here
Posted from my iPhone/Mobile device

all going to college tuition???

[The Dad Fisherman]

Originally Posted by Jim in CT

all going to college tuition???

Nope, all done
Posted from my iPhone/Mobile device

[scottw]

Originally Posted by The Dad Fisherman

Nope, all done
Posted from my iPhone/Mobile device

I'm headed to USC for Thanksgiving, want me to get you a tee short or koozie?....I think Clemson is in that weekend

[Jim in CT]

Originally Posted by wdmso

President Donald Trump claims that annual income for the typical household is up by an inflation-adjusted $5,000 since he took office.

is this Trumps you can keep your doctor lies that outrages so much , because I kept my doctor and not the 5k he says I should have .


Typical household or did you miss that part I am a typical household ... is that a NO or a yes that you made 5k more working normal hours ,,, not counting over time .. or is this to hard to figure out?

do you see no difference between these statements?

(1) median income is up $5,000,

and.

(2) 100% of households
saw a $5,000 increase.
Posted from my iPhone/Mobile device

[wdmso]

Originally Posted by Jim in CT

do you see no difference between these statements?

(1) median income is up $5,000,

and.

(2) 100% of households
saw a $5,000 increase.
Posted from my iPhone/Mobile device

Ok define typical house hold
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by wdmso

Ok define typical house hold
Posted from my iPhone/Mobile device

It's "median", Wayne, OK? The data I posted said 'median' household income was up 5K.

Here's how you define median. Say there are 150 million households. You rank all of them based on income increase, and the median is the one halfway down/up. "Median" is the observation for which half of households had a larger increase, half had a lower increase. It's not the same as "average" which will be skewed by those at the top. "Median" is more telling than "average".

I'm sorry that not every single household got the same $5,000 raise. But the fact that you didn't, and some others didn't, means exactly zero. Many, many people got that raise and more.

I can admit Trump is a morally bankrupt scumbag, it would be idiotic to deny that. It's equally astounding to deny that the economy is booming, and that regular Americans are benefitting from the boom. You, Pete, Spence cannot admit that, despite how glaringly obvious it is, because you're too consumed with partisanship.

Try. Making. That. Wrong.

[scottw]

Originally Posted by wdmso

Ok define typical house hold
Posted from my iPhone/Mobile device

you claimed that you were "typical"....so how do you define typical?...if you are working under a union contract you are not "typical" and your income is not tied to the health of the economy and business where the benefits of a good economy are being felt

"between 2017 and 2018, the share of workers represented by a union declined from 11.9 percent to 11.7 percent"