First look at US pay data, it’s AWFUL

It's worse than that, He's dead Jim.
I'm a single renter with no dependents, no health insurance (can't afford it) and never married.
Three years ago my tax return, state and federal combined, was $1300.
Two years ago by return was $700.
Last year my return was $450.
In the last three years at my current job I've had several raise totaling $1.25.
Yet, my take home net weekly is $1 more than it was three years ago working and getting paid the same hours.
Living paycheck to paycheck is not just an expression to me, it is a fact of life.
While I take home essentially the same pay for the last three years, the cost of everything from heat to bread has gone up. By the end of each week I have nothing in my checking account, I have no savings to draw from.
At the start of last month I lost my mother and as a result, lost a week of work and subsequent pay.
I now struggle to keep my electricity on, paid my rent late and as the temperature begins to drop with the New England fall coming in I know I cannot even begin to think to turn on the heat.
As an off note, it seems in this country a single male gets penalized, particularly if not a homeowner. Assistance is either twice as difficult to get our just non-existent.
But it's all good, look at all the corporations reporting record profits.

Well, you're all just a bunch of dirty, lazy hippies who should just be happy to have a job.

Oh yeah, and you don't even pay any taxes........and you just take from business owners who have worked so much harder than you......and you don't even deserve anything you have. You're all just a bunch of losers who don't even deserve to live.

[sarcasm off]

I'm just getting that out of the way for the regulars who will probably show up and call you all a bunch of Communists........or something to that effect.

If wages kept up with inflation, then you'll be faced with an even bigger...inflation. Then wages should keep pace with that again. Which results in more inflation. Which means salaries should be higher again. Which means...

Where does it stop?

Besides, inflation is the twin attribute of a fiat currency. With fiat currencies, there's no way to go but up.

v1rtu0s0 “the poor are slacking off”
I am getting sick of that excuses.
are people meant to work them selfs in to the grave?
do you think the rich work hard? NO!

the rich just use tricks and sit back.
the pore get con’d tricked bamboozled and confused.

and the boss just finds ways to make them work more and pay less.
the cost of living goes up. yes.
and the pay check goes up. but by a little less.
and year after year the divide between the two widens.

its like the old old days.
you work a slave untill they die!
plenty more wear they came from.

So stop saying they are slacking off...

reply to post by v1rtu0s0


I don't think it's because they are paying the people less, they are just paying less poeple.