So Long, Middle Class: Middle-Income Jobs Are Disappearing the Fastest

  • metta

    Posts: 39099

    Aug 07, 2016 2:16 PM GMT
    So Long, Middle Class: Middle-Income Jobs Are Disappearing the Fastest

    http://www.nbcnews.com/business/economy/so-long-middle-class-middle-income-jobs-are-disappearing-fastest-n623886
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    Aug 07, 2016 5:14 PM GMT
    Disappearing? Whaaa? Well in that case Hillary will want to raise their taxes... Of course that works for her and she would be a personal beneficiary of tax increases. She would never have to personally deal with any of the horrible policies her administration would get enacted. She as usual would be above all of that.

    Government is our only growth "industry". You only need to look at housing prices in Maryland and Virginia to see that.
    Maybe it's time that government had a recession and cut taxes a bit.

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    Aug 07, 2016 5:28 PM GMT
    Hillary: "We ARE going to write fairer rules for the middle class and we AREN'T going to raise taxes on the middle class."

    http://www.politifact.com/truth-o-meter/statements/2016/aug/05/donald-trump/donald-trump-wrongly-says-hillary-clinton-wants-ra/Donald Trump wrongly says Hillary Clinton wants to raise taxes on the middle class


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    Aug 07, 2016 10:30 PM GMT
    Ha, ha . She will raise taxes for the middle class but call it something. Obama care was the biggest tax increase of all time but called it is called "Care"


    theantijock saidHillary: "We ARE going to write fairer rules for the middle class and we AREN'T going to raise taxes on the middle class."

    http://www.politifact.com/truth-o-meter/statements/2016/aug/05/donald-trump/donald-trump-wrongly-says-hillary-clinton-wants-ra/Donald Trump wrongly says Hillary Clinton wants to raise taxes on the middle class


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    Aug 07, 2016 10:36 PM GMT
    Ha, ha . She will raise taxes for the middle class but call it something else. Obama care was the biggest tax increase of all time but it is called "care". ( the Supreme Court ruled it a tax, remember). It raised the tax on middle class, self employment , single white men $10k per year. White middle class lives don't matter.
  • roadbikeRob

    Posts: 14336

    Aug 07, 2016 11:21 PM GMT
    MaleElement saidHa, ha . She will raise taxes for the middle class but call it something else. Obama care was the biggest tax increase of all time but it is called "care". ( the Supreme Court ruled it a tax, remember). It raised the tax on middle class, self employment , single white men $10k per year. White middle class lives don't matter.
    White middle class lives don't matter because a large percentage of them are not blind sycophants of both the Democratic Party and the Wicked Witch of Wall Street, Hillary rotten Clinton.
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    Aug 08, 2016 3:24 PM GMT
    CareerBuilder defines middle-income jobs as those that pay between roughly $14 and $21 an hour icon_eek.gif

    Companies are sitting on more money than they ever have been," Erwin pointed out. "I think companies got hit so hard in the recession that they're being very cautious" icon_confused.gif ----I call BS, $840 Billion in profit margins, that just for the fortune 500 icon_confused.gif, well no wonder people have turned to our government for government jobs, corporate America is stingy, stingy, stingy!.

    The middle-income wages quoted by career builder, have been capped for 25 years now. Once wages started to be forced upward, corporate America jumped on the "productivity" bandwagon. 1 person, higher waged, doing the work of 3 people, that means 2 people lost their jobs because of the 1 persons higher wage, this is done in order to keep corporate profit margins constant, but what about the 2 people who lost their jobs, adding to unemployment or subtracting from labor participation rate?.

    Its called "robbing Peter to pay Paul" icon_rolleyes.gif

    This "game" is horrible, even at $21 an hour, its still not enough to live and work in any California city. This is why 70% of residents pay rent and not own. While the max $21 an hour middle income job might move to a cheaper cost of living state such as Texas, the wage for the same job then drops to the min $14 an hour. The worker isn't getting anywhere, while the corporation that moved the job, enjoys the same profit margin levels no matter what state they operate from.

    I was making $18 an hour 20 years ago as an 'entry level'. Employers want to pay the same today, for doing the exact same job, with years of experience. At least in STEM, every 'new job' created today appears to be entry level, with the pay that corresponds, thus "demand" for cheap labor.

    At least with a government job, you know what the wages are up front for that job. Because its required to post the wage by law, there is no guessing or negotiating. Whether you are new to the government job or been given 'tier' wage growth by rank, there is no surprises like there is in corporate America and the private sector.

    Its important to know "what you are worth" in the market place. Whether or not the private sector is willing to pay is another story icon_rolleyes.gif

    I have tried myself to get a government job, its much more difficult than expected https://www.usajobs.gov/
    USAJOBS is a United States Office of Personnel Management website (OPM has been hacked about 5 times)