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Real wage stagnation existed before Reagan and is more a result of the competition of the world catching up after the destruction of the world's industrial capacity from the world wide mass abortions of the 1940's. The "Great Society" welfare state enhancements might have created the small bump in real wages that spiked in the 1970's because many folks left the workforce for the freebies so the value of those left in the workforce increased. That increase was short lived as the companies moved operations overseas. 

http://www.pewresearch.org/fac...-budged-for-decades/

direstraits posted:

Condie's short term memory is failing, I suspect. He posted an outrageous statement attributed to Trump.  When the statement was proven false, he crawfished.

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And just what statement was that?  You are good at accusing without documentation or useful references. And what in thunder does any of that have to do with the item I posted to start this thread??

Last edited by Contendahh
Contendahh posted:
direstraits posted:

Condie's short term memory is failing, I suspect. He posted an outrageous statement attributed to Trump.  When the statement was proven false, he crawfished.

___

And just what statement was that?  You are good at accusing without documentation or useful references. And what in thunder does any of that have to do with the item I posted to start this thread??

Have you forgotten so soon, or have you had it deleted so you can claim you didn't do it?

Contendahh posted:
direstraits posted:

Condie's short term memory is failing, I suspect. He posted an outrageous statement attributed to Trump.  When the statement was proven false, he crawfished.

___

And just what statement was that?  You are good at accusing without documentation or useful references. And what in thunder does any of that have to do with the item I posted to start this thread??

Actually, you've done it a couple of times.

https://www.tnvalleytalks.com/t...9#490791377250498299

https://www.tnvalleytalks.com/t...-now-he-is-living-it

Suggest you drink more coffee, it clears plaque from the brain, allowing synapses to close and memories recovered.

The "Great Society" welfare state enhancements might have created the small bump in real wages that spiked in the 1970's because many folks left the workforce for the freebies so the value of those left in the workforce increased.

I didn't know anyone who left the workforce because of the Great Society enhancements, did you? Can you name any that did? What about union membership declining at the same time that blue collar wages stagnated? Do you think that had no effect on blue collar wages flatlining and white collar wages skyrocketing? 

 

http://www.dhr.history.vt.edu/...dence_detail_25.html

Actually union membership peaked in Eisenhower's time and started declining in Kennedy's administration for those who worship at the cult of personality's altar. 

While I don't remember anyone who quit their job for welfare, I do remember a few people who were fired and who probably didn't want a job and people who were laid off and got caught up in the sticky spiderweb of the safety net and didn't want a cut in benefits for their family if they started over at the bottom rung again. 

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