I CAN’T UNDERSTAND WHY PEOPLE ARE PISSED OFF

3 comments

Posted on 19th August 2014 by Administrator in Economy |Politics |Social Issues

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Oh yeah. One look at this chart might explain it. And this is using the bullshit CPI propaganda number put out by the government. Real wage growth is NEGATIVE 10%.

They should hand out tee-shirts that say:

THE KEYNESIANS SPENT $10 TRILLION OF MY MONEY & ALL I GOT WAS THIS SHITTY ECONOMY & A CHINESE MADE T-SHIRT

3 Comments
  1. Administrator says:

    Households in the top 20 percent of U.S. socioeconomic groups saw their incomes grow by an average of $8,358 a year from 2008 to 2012, compared with a $275 annual decline for the lowest 20 percent, according to data from the Bureau of Labor Statistics.

    19th August 2014 at 8:33 am

  2. Llpoh says:

    For fuck sake, the bottom 20% are just barely able to lift a fork to their mouths. Just what are they capable of to make them a valuable economic resource?

    19th August 2014 at 10:10 am

  3. Administrator says:

    “Worries about the future can actually cause asset markets to be priced highly … When the Titanic was going down, people would pay a fortune for anything that floats. I’m exaggerating, of course, but that might be the situation we’re in now.”

    Robert Shiller

    19th August 2014 at 2:33 pm

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