6/10/2014 10:08:57 AM
6/10/2014 10:26:06 AM
6/10/2014 10:51:49 AM
6/10/2014 11:25:46 AM
6/10/2014 11:11:18 PM
6/10/2014 11:39:08 PM
6/11/2014 1:09:11 AM
6/11/2014 8:59:36 AM
6/11/2014 9:10:58 AM
6/11/2014 9:20:23 AM
If you're a salesman, and you land a million dollar sale at your job, do you get all the money? No, because the company you work for supplied the framework for your success. As such, the money is shared between everyone.
6/11/2014 9:24:47 AM
6/11/2014 10:15:43 AM
6/12/2014 12:38:16 PM
By that logic, downward pressure on the Consumer Price Index (deflation caused by globalization) should have had a larger effect on spending power of low-wage workers than the stagnation of their wages. The entire "stagnant wages" narrative is (usually) a graph of compensation corrected for inflation. I agree that those two factors worked in concert, but we know which one "won" a priori.Of course that doesn't prove that the trend would work the same in reverse. There are lots of problems with that. The consequences of reversing productivity growth are beyond my wildest imagination. Booming economic times can reduce inequality, but I generally hold that they do the reverse, as more recent economic cycles have shown.
6/13/2014 12:04:21 PM
Not true, as the CPI basket disproportionately includes services and quality improved goods the poor never would afford. A couple attempts have been made to recalculate the CPI basked for the poor and doing so in concert with other corrections wiped out any compensation stagnation. It was also recalculated for the rich and what they buy, but of course inequality still increased dramatically over recent history. [Edited on June 14, 2014 at 7:44 AM. Reason : mnb]
6/14/2014 7:40:08 AM
6/14/2014 4:34:35 PM
It is quite telling the three products you mention. For the poorest among us tend to share subsidized shelter, receive Medicaid for healthcare, and disproportionately ride public transit.
6/14/2014 10:05:49 PM
Look at all those bleeding-heart hippies on Tumblr.It's like they have no concept of the value of a dollar.
6/16/2014 6:17:28 AM
Bad people exist which look for excuses to be mean to others. That they chose that day to pick on someone because their family is on welfare is not shocking. Had they not been on welfare, they would have picked on them for something, anything, else. If you find it offensive others, even rich people, are on welfare, direct your anger where it belongs: politicians. That is where it belongs. That a third party decided to bestow gifts upon someone is no ground to think anything less of that someone. Although it may be grounds to think less of that third party.[Edited on June 16, 2014 at 12:53 PM. Reason : er]
6/16/2014 12:51:07 PM
Wake up, wake up, wake up it's the 1st of the monthTo get up, get up, get up so cash your checks and get up
6/17/2014 11:13:26 PM
I'm surprised you didn't throw this one out...https://www.youtube.com/watch?v=NzspsovNvIIIt's free! Swipe yo EBT!Still isn't it strange that people from underprivileged backgrounds sing about their life experiences? It's almost like they're human
6/19/2014 3:55:46 PM
http://www.vox.com/2014/6/30/5857252/a-homeless-shelter-wouldnt-let-a-philanthropist-give-its-residentsmeh, people from Africa are subhuman anyway.
7/1/2014 2:37:43 AM