- Jan 16, 2011
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Some things just don't change...
- Apr 4, 2008
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Wages up 3% but inflation is 2% which means wages are only up 1%. Booming.
- Aug 20, 2001
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I hate arguing on this site because cats constantly gaslighting and doubling down on incorrect facts/opinions/notions makes me feel like I’m the crazy one 
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- Apr 15, 2007
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Yeah also (mentioned this in TAN) the 401k booming is not actually real for us younger folks anyway. You can't cash that money out...you aren't getting dividends from your 401k. It is all fake money until you retire and can draw down on it. So in essence if the stock market crashes in 15 years and your 401k drops off a cliff...this booming economy means absolutely nothing.
I understand you want the constant growth until you retire but trying to say that the booming economy is benefiting your 401k right now..when you are in your 30s...is kind of a non-point.
I understand you want the constant growth until you retire but trying to say that the booming economy is benefiting your 401k right now..when you are in your 30s...is kind of a non-point.
- Aug 20, 2001
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THANK YOU!!! I don’t see how this is beyond some folks. Having said that, it does depend on your portfolio and risk profile but based on history, in 30-40 years you would still expect to see gains. However, the inflation over that time period would matter too. I am in 100% agreement with your statement, though. For me, the biggest thing about the 401K is the employer match. Free money
EDIT: While not wise, I know at least at my company there are several ways you can leverage the money in your 401K for a variety of situations (ones you wouldn’t want to be in, in the first place
)
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- Aug 1, 2004
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It’s a skill how this dude is wrong about everything.
- Aug 1, 2004
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still talking ish.
Which workers are benefiting?
The recent gains are going to those who need it most. Over the past year, low-wage workers have experienced the fastest pay increases, a shift from earlier in the recovery, when wage growth was concentrated at the top.
The faster growth at the bottom is probably being fueled in part by recent minimum-wage increases in cities and states across the country. Research from the Economic Policy Institute, a liberal-leaning think tank, found that over the past five years, wages for low-wage workers rose 13 percent in states that raised their minimum wages, compared with 8.4 percent in states that did not.
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But minimum wages are only part of the story. Ernie Tedeschi, an economist at Evercore ISI, estimates that the minimum-wage increases account for a quarter to a third of low-wage workers’ gains over the past three years. The rest is most likely a result of a tightening labor market that is forcing employers to raise pay even for workers at the bottom of the earnings ladder.
Ms. Gimbel noted that better-paying industries had experienced faster job growth in recent months, while the fastest wage growth had been in lower-paying industries. That could indicate that sectors like health care and manufacturing are snapping up workers, forcing retailers and restaurants to raise pay to compete.
What do you think this says so I can compare it to what it actually says?
- Aug 1, 2004
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So you can’t explain what you think it says? You just throwing **** at the wall to see what sticks?
I like how you’re also ignoring the fact that you got caught lying about what your video said.
- Aug 1, 2004
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thats pretty ****in redundant b.
do you need some type of spin? da article plainly states tight labor markets and on a smaller scale some states are raises are putting upward pressure on wages.
u on some other ish, da video literally paraphrases says da exact same thing da NY times states..u just sound delusional at this point.
stop trying to redirect ish to me, go reconcile da facts of da article with yourself.
Hey, good job! You lied about the video, but you provided a decent summary on the article.
Now, I’m not sure what your point is. I never argued against this.
- Aug 23, 2007
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if the market is booming why can't you go out into the nyc market and rent your own apartment? you are providing data that is skewed and produced for propaganda. you think the entire usa is prospering then i dare you to go buy a home or rent an apartment.thats pretty ****in redundant b.
do you need some type of spin? da article plainly states tight labor markets and on a smaller scale some states are raises are putting upward pressure on wages.
u on some other ish, da video literally paraphrases says da exact same thing da NY times states..u just sound delusional at this point.
stop trying to redirect ish to me, go reconcile da facts of da article with yourself.
you clear think everyone is receiving livable wages, yet you are at your mom's place with a room stacked with depreciating values.
Holy ****, like you can’t even keep up with your own ********. Go back and READ. **** man.u on some other ish, da video literally paraphrases says da exact same thing da NY times states..u just sound delusional at this point.
stop trying to redirect ish to me, go reconcile da facts of da article with yourself.
- Aug 1, 2004
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they implied da most movement was on da lower end of the pay scale hence decent wage growth quote... perhaps English isn't your first language.
- Aug 1, 2004
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because perhaps maybe I like where I live and that's irrelevant to anything and everything else?
- Aug 1, 2004
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- Aug 1, 2004
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you're more worried about how i state sentences versus what da article says go read it yourself no one's stopping you.
- Jan 22, 2015
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I disagree with ninja on the economy but there's really no reason to keep asking him about why he chooses his living arrangement as it's irrelevant to the topic at hand
They said “there is decent wage growth” meaning exactly that. Keep moving the goal posts though.
- Aug 1, 2004
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just as I suspected, you interpreted it that quote too literal. English is definitely your second language.
- Aug 23, 2007
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double negative? perhaps maybe? possibly plausible?because perhaps maybe I like where I live and that's irrelevant to anything and everything else?
you fail to acknowledge that not everyone is living a comfortable life under rent control. there are people who are struggling and cannot live under the current circumstances. the general whole does not account for the underlying minority.
you enjoy where you live because you are locked in and not seeking a better life. you ride this wave of money aspirations and valuables. yet you would not dare step outside of your bird nest. the unknown is an issue you would not fathom nor attempt to experience.
continue to show evidence of prosperous job growth and ignore the underlying truth that is not equal for all. I feel that is something you are accustomed to since your priorities in life are buying jewelry you cannot wear in public, a car that is outside of your means, waiting for mom dukes to leave so you can claim it, and talking about international issues when you have not left north America.
- Aug 23, 2007
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that sounds like trump?look who sounds like Donald Trump now... #fakenews?
if that is something you cosign with, but because i said it you don't agree with it? why is it that you are back tracking now?
