IS THE US DISPOSABLE PERSONAL INCOME PER CAPITA AT ALL TIME HIGHS, OR STAGNANT IN 1974 LEVELS?
via @OccupyWisdom: Depends on the measuring stick. Real money (#gold) = sideways for 44 years Nominal dollars = all time high MACRO MINDSET
stagnant
Stagnant Wages, Yet Increasing Household Income…What Gives?
Every month for the last year, the Bureau of Labor Statistics’ wage data releases have continued to demonstrate that workers simply aren’t getting ahead. Despite some nominal growth, real wage growth has been consistently hovering around zero (rising at just a 0.2 … Read more
Charles Hugh Smith: “We’re borrowing immense sums from a stagnant future.” Peter Schiff: “We’re getting to the end of it.”
by John Rubino Chris Martenson: “Central banks don’t create wealth, they redistribute wealth…they and their friends have gotten fantastically wealthy.” Peter Schiff: “We’re getting to the end of it.” Charles … Read more
BoingBoing: Americans have no savings, with good reason: housing, education and health care costs are out of control, wages are stagnant, and the Fed has suppressed interest rates…. basically you're going to die broke
@StockBoardAsset Anyone notice the trend in wages & salary growth? pic.twitter.com/ZuUe79fgcs — Alastair Williamson (@StockBoardAsset) December 13, 2017 America’s Wage Hope Hammered – Real Earnings Suffer Longest Slump Since 2009 … Read more