Drudge Retort: The Other Side of the News
Thursday, January 10, 2019

The pay people take home after accounting for inflation fell 1.3 percent last year, a new analysis shows. The findings come a year after President Donald Trump signed the Tax Cuts and Jobs Act, with his administration promising it would deliver "immediate" wage growth to workers. The dip in real wages also is notable as it came during a year when corporations got generous breaks thanks to the Tax Cuts and Jobs Act. Instead of providing higher wages, however, many companies used the money to repurchase shares, which reached a record $1 trillion last year.

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The pay people take home after accounting for inflation fell 1.3 percent last year

Winning!!!

#1 | Posted by reinheitsgebot at 2019-01-10 11:56 AM | Reply

PayScale examined the difference between nominal wages -- what you're paid on paper -- and a paycheck's actual purchasing power after accounting for inflation, or what economists call "real" wages. If pay growth is lower than the rise in the cost of living, a worker will have less purchasing power.

That has been going on for the last 10 years but it wasn't news when o'bummer was president.

I keep telling you dummies that low skill wages are NOT going up because there are way too many no-skill workers out there. Thank you open borders. Thank you H1B visas. Thank you colleges for stupid courses of study. Thank you all that think a supervisor job at bugger queen is a big deal.

#2 | Posted by Sniper at 2019-01-10 01:00 PM | Reply

Sniper writes paragraphs???

#3 | Posted by snoofy at 2019-01-10 01:01 PM | Reply | Funny: 2

Sniper as I recall you pumped concrete.

You go to school for that?

#4 | Posted by snoofy at 2019-01-10 01:02 PM | Reply

Sniper apparently doesn't know what an h1b is

#5 | Posted by ChiefTutMoses at 2019-01-10 01:06 PM | Reply | Newsworthy 1

Sniper doesn't know much of anything.

But he does know he's dumb, and poor, and that makes him mad.

He's just mad at the wrong person -- anyone but himself.

To be fair he probably does curse his own miserable life choices, but only when he gets to the bottom of the bottle. So we don't see it.

#6 | Posted by snoofy at 2019-01-10 01:10 PM | Reply


Sniper writes paragraphs???

#3 | Posted by snoofy at 2019-01-10 01:01 PMFlag: ReceivedFunnyNewsworthy

I've noticed lately that he has moments of clarity.

#7 | Posted by lfthndthrds at 2019-01-10 01:12 PM | Reply

He must be on new meds that don't play nice with alcohol.

#8 | Posted by snoofy at 2019-01-10 01:28 PM | Reply

That has been going on for the last 10 years but it wasn't news when o'bummer was president.

#2 | POSTED BY SNIPER

You must have missed the whole Occupy Wallstreet movement while you were busy getting high on birtherism.

#9 | Posted by IndianaJones at 2019-01-10 01:58 PM | Reply | Funny: 1

For those without college degrees, they haven't made any gains in wages for 50 years!

www.drudge.com

#10 | Posted by BruceBanner at 2019-01-10 02:42 PM | Reply

Sniper writes paragraphs???

#3 | Posted by snoofy

Sno knows what a paragraph is?

#11 | Posted by Sniper at 2019-01-10 04:48 PM | Reply

Sniper as I recall you pumped concrete.

You go to school for that?

#4 | Posted by snoofy

As I recall you live in your mother's basement. Go to school for that?

#12 | Posted by Sniper at 2019-01-10 04:49 PM | Reply

For those without college degrees, they haven't made any gains in wages for 50 years!

www.drudge.com

#10 | Posted by BruceBanner

Tj
That is one big lump of mixed jobs to throw in one pile.

#13 | Posted by Sniper at 2019-01-10 04:52 PM | Reply

#13 it is. Feel free to give me some other numbers.

#14 | Posted by BruceBanner at 2019-01-10 06:14 PM | Reply

But Imaginary Wages are way, way up!

-- -- - The DR "right"

#15 | Posted by ChiefTutMoses at 2019-01-10 06:22 PM | Reply

If there a link to this study somewhere? It was not in the article that was posted, just a vague reference to a new analysis.

Meanwhile, we have: official wage growth of 3.1% on the year and official inflation of 1.9% which would imply a 1.2+ INCREASE in real wages. So, there is some ridiculous Democrat math occurring somewhere to completely mess up pretty simple math.

#16 | Posted by nobiasposter101 at 2019-01-11 02:08 AM | Reply

"So, there is some ridiculous Democrat math occurring somewhere to completely mess up pretty simple math."

Well thank God it's not Republican Math™. Last we looked, the armed services' 2.6% raise was "more than ten percent".

#17 | Posted by Danforth at 2019-01-11 02:23 AM | Reply | Newsworthy 1

"If there a link to this study somewhere? It was not in the article that was posted, just a vague reference to a new analysis.
Meanwhile, we have: official wage growth of 3.1% on the year and official inflation of 1.9% which would imply a 1.2+ INCREASE in real wages. So, there is some ridiculous Democrat math occurring somewhere to completely mess up pretty simple math.
#16 | POSTED BY NOBIASPOSTER101 AT 2019-01-11 02:08 AM"

Take it up with the "ridiculous Democrats" at Forbes:

www.forbes.com

#18 | Posted by TrueBlue at 2019-01-11 02:42 AM | Reply

Take it up with the "ridiculous Democrats" at Forbes:
www.forbes.com
#18 | POSTED BY TRUEBLUE

The link you just posted just further debunked the original article by calculating wage growth exactly how I did "wage grow - inflation". Based on the actual full year numbers for 2018 (your Forbes article was midyear), we have 3.1% - 1.9% = 1.2% real growth. Not the negative 1%+ that the article states. So, again, what Democrat math are they using?

#19 | Posted by nobiasposter101 at 2019-01-11 03:15 AM | Reply

"So, again, what Democrat math are they using?"

Well, as you admitted, numbers up until August; yours are more current. But I have a problem with them saying wages are falling during a time period when wages were rising; their numbers up to August showed a .1% wage gain in real dollars.

And while the trend lines adhere to the headline, it still seems biased, as if someone with an agenda wrote it. Someone trying to put a positive spin might headline it "Wage Growth Rebounds", especially since wage growth has been stagnant in recent years.

#20 | Posted by Danforth at 2019-01-11 03:56 AM | Reply

"The link you just posted just further debunked the original article by calculating wage growth exactly how I did "wage grow - inflation". Based on the actual full year numbers for 2018 (your Forbes article was midyear), we have 3.1% - 1.9% = 1.2% real growth. Not the negative 1%+ that the article states. So, again, what Democrat math are they using?
#19 | POSTED BY NOBIASPOSTER101 AT 2019-01-11 03:15 AM"

It seems it isn't a question of math, but of what data is being used in the formula.

To put it another way: What is the source for your 3.1% wage growth and CPI of 1.9% for the year (and, specifically, what time period are you using to define "the year")?

#21 | Posted by TrueBlue at 2019-01-11 03:56 AM | Reply

I was wrong, it is 3.2% YoY, not 3.1%
www.washingtonpost.com

Official Inflation was 1.9%
www.thebalance.com

#22 | Posted by nobiasposter101 at 2019-01-11 05:16 AM | Reply

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