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11-09-2014, 12:13 AM
Hoot Gibson Wrote:Companies are hanging onto profits because they have lived in fear of what the future under Obama will bring. Companies will probably be a little more optimistic between now and 2016, but the real recovery should start after the election in 2017 - assuming that another socialist does not win the White House and Democrats do not retake control of the Senate. The private sector needs to have confidence in the future before increasing payrolls and making large capital expenditures.
I don't think that the income levels in your graphic have been adjusted for inflation. Besides, much of the loss in personal income has been due to the conversion of full time jobs to part time jobs, which Obamacare encourages, and looking at the pay rates of full time jobs ignores that fact.
I deliberately chose Factcheck.com because it is a liberal website run by Democrat Brooks Jackson. The Obama administration has become very good at lying with statistics, so I do not want to take time deciphering the numbers on the link that you gave. If wages are not adjusted for inflation, they are very misleading.
Even the inflation rate is very misleading because of everything that is excluded from the calculations. If you ignore increases in energy and food prices over the past six years, then the inflation rate looks pretty reasonable. But anybody who has driven for the past 6 years and bought hamburger and other groceries, knows that inflation is a real issue.
Quote:Longer-term trends in CEO compensation:I just quoted part because the page is so big. Go check those numbers and percentages out.
From 1978 to 2013, CEO compensation, inflation-adjusted, increased 937 percent, a rise more than double stock market growth and substantially greater than the painfully slow 10.2 percent growth in a typical worker’s compensation over the same period.
The CEO-to-worker compensation ratio was 20-to-1 in 1965 and 29.9-to-1 in 1978, grew to 122.6-to-1 in 1995, peaked at 383.4-to-1 in 2000, and was 295.9-to-1 in 2013, far higher than it was in the 1960s, 1970s, 1980s, or 1990s.
If Facebook, which we exclude from our data due to its outlier high compensation numbers, were included in the sample, average CEO pay was $24.8 million in 2013, and the CEO-to-worker compensation ratio was 510.7-to-1.
From the link of yours, are more people in poverty because wage increases are idled, while CEOs are going up. In inflation, stalled workers wages, put more people in poverty. Raise wages, according to inflation, and more people come out of poverty. Yes, inflation is a real issue, and wages not corresponding to inflation hurts families. Inflation goes up, workers wages stay flat, while the companies and their CEOs enjoy fat increases.
http://www.epi.org/publication/ceo-pay-c...s-to-rise/
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Gas Prices - by Strikeout King - 03-30-2012, 06:17 PM
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