50 Percent Of American Workers Make Less Than 28,031 Dollars A Year

originally posted by: Hoosierdaddy71
It would be interesting to know how many of those workers are part time. Also how many are in food service and work on tips.

19% are part time (2013)
3% are in food service, at various levels.
4.3% are at or below federal minimum wage

www.bls.gov...

a reply to: Phage


I think all the CEO'S need a raise. It is YOUR duty to take the lower wage, so they can earn more MO-MONEY in their pocket. They work so hard at their job. It's so stressful job , they deserve it. You don't. So take the lower wage.

a reply to: khnum
Absolutely.
That's why claiming that a mean income of $28,000 for a workforce of 128 million is low, is disingenuous as it completely disregards such factors.

a reply to: cloaked4u

to be fair I think it's the shareholders who take the largest % of profit right? I mean the CEOs are salaried aren't they?

Doesn't most of the money go to investors?

You all NOT smart enough to earn a high wage, you cain't handle wakin up in the morning to do an honest man's JOB.

a reply to: onequestion

to be fair I think it's the shareholders who take the largest % of profit right? I mean the CEOs are salaried aren't they?

It would first depend upon whether or not dividends are paid but the investors are the ones taking on the financial risk. Without them, the company wouldn't be there in the first place.

Again, no paycheck for anyone.

originally posted by: Phage
a reply to: onequestion

to be fair I think it's the shareholders who take the largest % of profit right? I mean the CEOs are salaried aren't they?

It would first depend upon whether or not dividends are paid but the investors are the ones taking on the financial risk. Without them, the company wouldn't be there in the first place.

Again, no paycheck for anyone.

So someone who works for a company producing all of their product works for 25 years and retires with a pension, has less to lose then the investor?

a reply to: onequestion


401 k ? ha,ha You gotta do better than that, Think harder. YOU see, that's why the CEO'S and bankers are the real thinkers. They the shakers and movers. They shake YOU MOVE.

a reply to: onequestion

So someone who works for a company producing all of their product works for 25 years and retires with a pension, has less to lose then the investor?

Who is providing the pension?
And just what do you think that pension is invested in? Exactly? A savings account?

originally posted by: Phage
a reply to: onequestion

So someone who works for a company producing all of their product works for 25 years and retires with a pension, has less to lose then the investor?

Who is providing the pension?

And just what do you think that pension is invested in? Exactly? A savings account?

ALRIGHT, now we are gettin somewhere. THE SHELL GAME. Bait and Switch.

a reply to: Phage

It should be invest securely in a, company assets, b, gold silver or other commodities that retain their value during economic ups and downs.

But I have no idea because I'm not an investor.

The pension is being paid by the profits of the company Phage. What point are you trying to prove?

So tell me, does the small guy with the pension have a vested interest in how that co pany is run equal to that of the investor?

a reply to: onequestion

The pension is being paid by the profits of the company Phage.

No investors, no company. No company, no paycheck, no pension.

T What point are you trying to prove?

I'm not trying to prove anything. I'm just pointing out that your breadth of understanding is limited and your perspective is somewhat naive.

originally posted by: onequestion
a reply to: Phage



It should be invest securely in a, company assets, b, gold silver or other commodities that retain their value during economic ups and downs.



But I have no idea because I'm not an investor.



The pension is being paid by the profits of the company Phage. What point are you trying to prove?



So tell me, does the small guy with the pension have a vested interest in how that co pany is run equal to that of the investor?

Don't forget about all the feee's and Taxes on that BIG GRAB of money you get, called a pension. OH YEAH, thats where the MO-MONEY is.

a reply to: Phage

What? I understand just fine.

Take a printing company for instance. Your saying the CEO and salesman are worth more then the press operator, you know the scumbag running the machine.

Press operator quits, the only two people left is the CEO and the salesman. Neither of them can run the machine. Company goes out of business.

CEOS quits, that leaves a salesman and a press operator. Now you tell me, there's still a product, and there's still someone to sell it.

Who's the most valueable person in that equation?

Well obviously it's the press operator because without his working mechanical knowledge and years of experience tweaking the inks and keeping the machine running then there's no product to sell.

a reply to: onequestion

CEOS quits, that leaves a salesman and a press operator. Now you tell me, there's still a product, and there's still someone to sell it.

A three person company with a CEO? Really?

Or are you speaking metaphorically? Who handles distribution? Who handles purchasing? Who handles the money? Who makes sure that everyone is doing what they are supposed to do and that the company is turning a profit? The press operator is busy printing and the salesman is busy selling. Sure, a lot of CEOs make too much but a large company cannot operate without them and cutting their salary isn't going to make anyone more wealthy, except perhaps the shareholders but they know that without a good CEO, they aren't going to make as much. No investors, no company.

Well obviously it's the press operator because without his working mechanical knowledge and years of experience tweaking the inks and keeping the machine running then there's no product to sell.

And without investors there is no money to buy the machine. Investors who want a return on their investment.

a reply to: Phage

So who's the most valueable?

Or are they all equally as valueable because without one there isn't another?

a reply to: onequestion

So who's the most valueable? Or are they all equally as valueable because without one there isn't another?

CEOs have a wide skillset and knowlege base, in regard to running a business.
A press operator, not so much. Good CEO is hard to find. A press operator, not so much (except that it's a dying trade, due to automation)
Supply and demand says the CEO is worth more.

a reply to: onequestion


Really, if i was ceo i would have power to hire someone else at a rock bottom wage five years before you retire and go out of country so i woulden't have to pay taxes,insurance,benefits,lawsuits,medical,dental and those peski inspectors. I would use materials that were rock bottom prices so i could make my million dollar or more quote and get a big FAT Bonus check that i would leave out giving to the employees. Then i would use my investments and bonus money to invest in land. I would buy it cheap and sell at over tripple the price by separating it up. Then i would do it all over again there or somewhere else.

a reply to: Phage

you just can't admit wrong ever can you?

Your ego is exactly what's the problem in this world. Thanks!

originally posted by: onequestion
a reply to: Phage

you just can't admit wrong ever can you?

I have said I was wrong more than once, when I have been.

You can't admit that your idea of the way business works has some maturing to do, can you?

Start a business. You'll learn a lot and maybe make some money.