Talk of The Villages Florida - View Single Post - Slowdown or recession?
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Old 08-18-2019, 08:29 PM
ColdNoMore ColdNoMore is offline
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Quote:
Originally Posted by Aloha1 View Post
And you were told a lie. latest data out shows wages increased 4.2 % in 2018 and are up another 5% in 2019 to date. Recall the media stories of people who claimed the 2017 tax act cost them money because they didn't get as much back when they filed their tax return as they did before. Never occurred to them that they didn't pay as much in tax to begin with. .

Source?

Here's mine.


BLS

Quote:
For production and nonsupervisory employees, average hourly earnings increased 1.9 percent from June 2018 to June 2019. The change in real average hourly earnings combined with a 0.6-percent decrease in the average workweek resulted in a 1.3-percent increase in real average weekly earnings over this period.

Quote:
Originally Posted by Aloha1 View Post
The media is complicit in the dumbing down of America.
On that...we actually agree.

Of course, it all depends on what "media"...you choose to watch.