Employee Bonuses Down Sharply After 2017 Tax Cut: What Next?

[ImRightYoureWrong]

@peek-a-boo

Care to clarify?

Billions of stocks will be bought and sold today. How many jobs got created today because of those exchanges?

[highroller]

Interestingly, I was listening to a radio program about generational cycles, and they were talking about Boomers & Millennials on capitalism vs socialism.

They said: Of course Boomers would like capitalism, they have benefited greatly from it. What has capitalism done for Millennials other than load them with debts? Why should they want to continue this system?

[peek-a-boo]

Not even close.

[ImRightYoureWrong]

Boomers are the first generation that convinced their children to give their parents money to enter the workforce

[ImRightYoureWrong]

@peek-a-boo

Not even close.

Oh do explain mr garrison

[peek-a-boo]

So what is it you are looking to do, at a high level? I’m not looking for the specifics of your business, just what you are looking to do.

[peek-a-boo]

Beats me, but I’m still failing to see your point? Are you just throwing out an interesting piece of trivia or are you trying to make a point?

[peek-a-boo]

Millennials have benefitted significantly from capitalism. Sadly the indoctrination they are getting in school blinds them to that fact.

[peek-a-boo]

Thus far you have failed to even mention the consumer. They are really the ones in the driver seat and yet you have completely ignored them.

[peek-a-boo]

Huhhhhhhh???

[highroller]

They are the first generation that is poorer than their parents. How is being poorer than your parent’s generation a benefit?

[adroit]

@highroller

They are the first generation that is poorer than their parents. How is being poorer than your parent’s generation a benefit?

At least they aren’t living in VENEZUELA! HAHAHAHAAHAH!

Or something.

[PurpnGold]

@peek-a-boo

Thus far you have failed to even mention the consumer. They are really the ones in the driver seat and yet you have completely ignored them.

Are you a demandsider?

[peek-a-boo]

Supply sider.

[peek-a-boo]

Who said it was a benefit?

Next time you are out on a mall, take a look around and see what millennials are doing.

[PurpnGold]

@peek-a-boo

Supply sider.

Then why do you care about the consumer?

[highroller]

You just said it was a benefit. I said they are poorer than their parents. You then bring up malls like boomers never went there…

[ImRightYoureWrong]

@peek-a-boo

So what is it you are looking to do, at a high level? I’m not looking for the specifics of your business, just what you are looking to do.

Work for myself and if I truly need to hire people, have open books and clear agreements on profit sharing. I dont want to own people.

[ImRightYoureWrong]

@peek-a-boo

Beats me, but I’m still failing to see your point? Are you just throwing out an interesting piece of trivia or are you trying to make a point?

The point is the vast majority of stock transactions dont create jobs.

[adroit]

@zantax

Someone should tell the New York Times about this, oh right, they looked at wages instead of finding something that didn’t improve to cherry pick it.

from Why Wages Are Finally Rising, 10 Years After the Recession - The New York Times

Average hourly earnings in April were 3.2 percent higher than a year earlier, the ninth straight month in which growth topped 3 percent, the Labor Department reported Friday.

Other measures diverge on the exact timing and rate of increase, but not on the basic trend: Wage growth, long stuck in neutral, has at last found a higher gear.

For the last 9 quarters, median usual weekly real earnings (more telling then hourly wages as it accounts for hours worked) has increased at a rate of 1.1%. For the last 9 quarters of the Obama admin, it increased at 3.9%. It has increased ZERO PERCENT (stuck at $355) for the 2018Q3, 2018Q9, and 2019Q1 [1].

1. Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over (LES1252881600Q) | FRED | St. Louis Fed