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Wage Weakness Amid Solid Hiring Adds to U.S. Economic Puzzle

Posted by Mr.Copper @ 11:56 on July 7, 2017  

They left one big word out of the headline…”TAXPAYER” wages. We have cops in our village making $178k plus generous benefits. Unionized road construction workers also sucking on taxes. All medical workers absorbing taxes.

There is no puzzle in my mind as to what is and has been going on. Mandatory minimum taxpayer wage scale has fallen below CPI for decades, but the businessman media won’t admit it. Private sector companies, that do NOT benefit in anyway from the tax base, have to be FORCED to pay adequate salaries, capable of paying taxes to tax absorbers.

All tax absorber businesses and gov’t jobs need to be “out sourced” to China and Mexico sarcasm. They really need to be FORCED to take wage cuts just lake the millions of tax payer manufacturing people did since 1980. Many took 40% pay cuts going into new occupations. Give backs etc.

story:

https://www.bloombergquint.com/global-economics/2017/07/07/wage-weakness-amid-solid-hiring-adds-to-u-s-economic-puzzle

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.