The guys who put this piece together..

Lurk

Happy Creepy Ass Cracka
Hmmmmm. Detroit showed a slight gain in median income. Must have been an increase in EBT payments that year.
 

tommyjo

New Member

Your problem here is the same as your problem with climate change...your teenie weenie brain thinks micro when the problem or issued discussed is macro.

The article confuses the US economy with individual incomes. The article mentions income as the only source of individual wealth. Just last week the Federal Reserve published its quarterly z-1 report. The report showed the net worth of Americans at an all time high.

It obvious that you completely fail to understand this point that has been made repeatedly...we have an oversupply of labor and a shortage of demand for labor. This is B-A-D for income growth. This is not necessarily B-A-D for the overall economy. More people are working which increases the T-O-T-A-L level of income in the entire economy...this means the economy will continue to G-R-O-W as that increase in total wages is spent. Employment growth is not strong enough to drive up wages...this is B-A-D for at the household level and also means that economic growth will be subdued.

The world really is a lot more complex than the X vs O, tic-tac-toe level of comprehension you possess.
 

Gilligan

#*! boat!
PREMO Member
Your problem here is the same as your problem with climate change...your teenie weenie brain thinks micro when the problem or issued discussed is macro.

The article confuses the US economy with individual incomes. The article mentions income as the only source of individual wealth. Just last week the Federal Reserve published its quarterly z-1 report. The report showed the net worth of Americans at an all time high.

It obvious that you completely fail to understand this point that has been made repeatedly...we have an oversupply of labor and a shortage of demand for labor. This is B-A-D for income growth. This is not necessarily B-A-D for the overall economy. More people are working which increases the T-O-T-A-L level of income in the entire economy...this means the economy will continue to G-R-O-W as that increase in total wages is spent. Employment growth is not strong enough to drive up wages...this is B-A-D for at the household level and also means that economic growth will be subdued.

The world really is a lot more complex than the X vs O, tic-tac-toe level of comprehension you possess.

First, your innate stupidity causes you to attribute authorship of the articles I link, to myself. I can't begin to understand how that warped mind of yours does that..so lets skip merrily beyond that point and go to others. Those "others" being simply the fact that you blather on like you think you know something about the topics you post responses to...yet you clearly do not have even a middle-school education and are surviving on the public largess.

But there is some good news for newts like you...you are a constant source of amusement.
 
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