Median income by state: changes under Bush

[chequita guevara]

Originally posted by TCO
1. You need to include cost of benefits as well. My understanding is that they have been rising.

2. Part of the reason for lowering the median is expansion of lower paying jobs (including many for illegal immigrants). Would a higher unemployment rate but with a better "median" be better? (Like a company that prefers high margin, low volume over the converse?)

Much as I hate to say it, I think TCO has touched on the main reasons.

[chequita guevara]

Originally posted by Kuciwalker
No they aren't.

If 230,000 new jobs a month are needed in order for the same percentage of the population to be employed, then a number 50,000 below that is a relative job loss. A growing percentage of the population is without work, as opposed to unemplyed, which assumes you had work to begin with and lost it and have been actively looking within the last six months.

[DanS]

The problem with your theory is that the true number is more like 150,000, not 230,000.

Even less are needed to lower some measures.

[Kuciwalker]

If 230,000 new jobs a month are needed in order for the same percentage of the population to be employed, then a number 50,000 below that is a relative job loss.

The figure, as I recall, is around 130,000. Either that, or DanS has been posting net numbers. Either way it's been job growth.

[Kuciwalker]

Actually, since neither of us have sources for our numbers, I'm just going to wait until one of the economists comes in and answers it.

[DanS]

I have the source somewhere, I just can't be arsed to look for it and post it for the hundredth time on Poly.

[LordShiva]

Originally posted by Jon Miller
You know that isn't how it is. You won't ge tpaid for the labor-saving widget you made.. instead a corporation will be paid for the labor-saving widget you made.. and you will get paid just as much as the other labor.

JM

Corporations compete for labour. If Kuci can make a better widget, he will be valued more highly than someone who can't.

[TCO]

Power to the people (go out for an interview every now and then)

[Kidlicious]

Originally posted by Flubber
Because I for one would fight to protect my widget. If you want one, get your own

You'll be fighting the mob.

This is how it is. We used to get paid 3 widgets for making 5 with your tools. Now it's down to getting paid to make 2 widgets for making 5 with your new more productive tools, but we still take home the same amount after the day is done. When your tools get to where we will only get paid 1 widget for making 5, and we still get paid the same we will take your tools and increase our pay 5 fold. For a 5 fold increase in pay you will not be able to defend against a mob.

[Kidlicious]

Originally posted by LordShiva
Corporations compete for labour.

If that were so you would interview them.

[LordShiva]

Originally posted by Kidicious
If that were so you would interview them.

I did, pretty much. And I chose which one to work for because it offered me more of what I wanted than any of the others.

[Kidlicious]

Originally posted by LordShiva


I did, pretty much. And I chose which one to work for because it offered me more of what I wanted than any of the others.

Do you think you could look at things from a larger perspective?

[LordShiva]

Originally posted by Kidicious


Do you think you could look at things from a larger perspective?

Enlighten me.

[Kidlicious]

Originally posted by LordShiva


Enlighten me.

Wouldn't you say that no more than 5% of people share your experience?

[LordShiva]

Originally posted by Kidicious


Wouldn't you say that no more than 5% of people share your experience?

I think that almost everyone gets to choose where s/he wants to work. Unless they live under Communism.