wages are down

Total income listed on tax returns grew every year after World War II, with a single one-year exception, until 2001, making the five-year period of lower average incomes and four years of lower total incomes a new experience for the majority of Americans born since 1945.

If you want the honey you dont go starvin all the bees.
 
Yeah that gay conspiracy thing.

Butt seriously Desh this is pretty strange how many people buy this good economy crapola.
 
uscitizen said:
Yeah that gay conspiracy thing.

Butt seriously Desh this is pretty strange how many people buy this good economy crapola.
Click to expand...

Yep. Even last night on "Fast Money" they were talking about panic in the market and showed some pretty alarming graphs. Foreclosures were up dramatically in July 2007, and even Walmart, for pete's sake, is having trouble. If this keeps up for long we won't have a trade imbalance to concern us!
 
we got what we asked for.. global economy.. that will bring equilibrium to world markets meaning American standard goes down.. and poor countries go up. but honestly we have no choice.. best thing would be for us to embrace south America and Canada and work as a block just like Europe is doing.
 
Chapdog said:
we got what we asked for.. global economy.. that will bring equilibrium to world markets meaning American standard goes down.. and poor countries go up. but honestly we have no choice.. best thing would be for us to embrace south America and Canada and work as a block just like Europe is doing.
Click to expand...

Fuck that.
 
uscitizen said:
Yeah that gay conspiracy thing.

Butt seriously Desh this is pretty strange how many people buy this good economy crapola.
Click to expand...

Its good for the bee keepers but for us bees its starting to get rough.

I guess I should have put a little laughing Icon on my comment I thought it was funny.
 
Nearly half of Americans reported incomes of less than $30,000, and two-thirds make less than $50,000.

Do you people get this?

half make less than 30,000, try raising a kid on that?
 
Chapdog said:
we got what we asked for.. global economy.. that will bring equilibrium to world markets meaning American standard goes down.. and poor countries go up. but honestly we have no choice.. best thing would be for us to embrace south America and Canada and work as a block just like Europe is doing.
Click to expand...

Who asked for that?
 
Desh said:
Nearly half of Americans reported incomes of less than $30,000, and two-thirds make less than $50,000.

Do you people get this?

half make less than 30,000, try raising a kid on that?
Click to expand...

"While incomes have been on the rise since 2002, the average income in 2005 was $55,238, still nearly 1 percent less than the $55,714 in 2000, after adjusting for inflation, analysis of new tax statistics show. "

Well now Desh, either they are lying or the less than 30k and 50k numbers are adjusted gross income..... which do you think it is?
 
I have said since Politics.com that the global economy and free trade had but one outcome for the USA. We would go down and most of the rest of the world would go up.
Got greif and ridicule from all cons on this stance.

The golden age of the USA has passed it's peak.
 
nope we could have another golden age potential.. we have great vast swaths of land for raising ethanol producing corn.
 
Chapdog said:
nope we could have another golden age potential.. we have great vast swaths of land for raising ethanol producing corn.
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already pretty much doing that, need more water.
largest corn planting in 40 years or something like that. besides we will use it all.
 
Americans earned a smaller average income in 2005 than in 2000, the fifth consecutive year that they had to make ends meet with less money than at the peak of the last economic expansion, new government data shows.

While incomes have been on the rise since 2002, the average income in 2005 was $55,238, still nearly 1 percent less than the $55,714 in 2000, after adjusting for inflation, analysis of new tax statistics show.

smaller pie pieces!
 
Desh said:
Americans earned a smaller average income in 2005 than in 2000, the fifth consecutive year that they had to make ends meet with less money than at the peak of the last economic expansion, new government data shows.

While incomes have been on the rise since 2002, the average income in 2005 was $55,238, still nearly 1 percent less than the $55,714 in 2000, after adjusting for inflation, analysis of new tax statistics show.

smaller pie pieces!
Click to expand...

1) you really shouldn't comment on economics... you are too ignorant on the subject

2) It says the average income is less than the PEAK... wow what a shock... you mean wages don't just go up each and every year indefinitely? There are peaks and troughs in wages? NO WAY!

Idiot.
 
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