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-   -   Private pay shrinks to historic lows (http://www.mitsustyle.com/forums/showthread.php?t=26713)

Matt D. 05-25-2010 10:37 AM

Private pay shrinks to historic lows
 
http://www.usatoday.com/money/econom...e-sector_N.htm

Thanks, Obama, we The People are now getting paid less because of you.

http://images.usatoday.com/news/grap...raf/income.jpg

This quote made me giggle.
Quote:

"It's the system working as it should," Van de Water says. Government is stimulating growth and helping people in need, he says. As the economy recovers, private wages will rebound, he says.
Uhh, hello? Look at the fucking trend, you dolt! Since Obama took office it sure as hell hasn't slowed down, quite the opposite.

And these...
Quote:

Economist Veronique de Rugy of the free-market Mercatus Center at George Mason University says the riots in Greece over cutting benefits to close a huge budget deficit are a warning about unsustainable income programs.
But don't we have a bottomless supply of money? Obama thinks we do.
Quote:

Economist David Henderson of the conservative Hoover Institution says a shift from private wages to government benefits saps the economy of dynamism. "People are paid for being rather than for producing," he says.
Fucking right! We need more people like this guy so our government stops enabling laziness.

Kracka 05-25-2010 10:45 AM

Re: Private pay shrinks to historic lows
 
That chart is scary. The last quote is exactly what's wrong with our current government.

viridionplague 05-25-2010 12:37 PM

Re: Private pay shrinks to historic lows
 
i think its funny that your singling out obama as the cause of this, when the graph clearly shows that the 1 year (the last notch in the graph) that obama was in charge out of the 10 years represented. the graph clearly starts leveling out on both ends.

Kracka 05-25-2010 01:00 PM

Re: Private pay shrinks to historic lows
 
Look a bit more closely at that graph and notice what each line did in just 2009.

sleepydsm 05-25-2010 01:17 PM

Re: Private pay shrinks to historic lows
 
Our whole "two party" system is bullshit anyways. No matter who is in charge, negative shit will happen. Our whole system of values, morals, everything, is completely f-ed anyways. Point the finger how ever you want, our country would still be in a shit hole even if Obama wasn't President.

Matt D. 05-25-2010 02:04 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by viridionplague (Post 341458)
i think its funny that your singling out obama as the cause of this, when the graph clearly shows that the 1 year (the last notch in the graph) that obama was in charge out of the 10 years represented. the graph clearly starts leveling out on both ends.

Are you blind? There is a trend, and the trend accelerated when Obama was in office.
Quote:

Originally Posted by sleepydsm (Post 341467)
Our whole "two party" system is bullshit anyways. No matter who is in charge, negative shit will happen. Our whole system of values, morals, everything, is completely f-ed anyways. Point the finger how ever you want, our country would still be in a shit hole even if Obama wasn't President.

I agree, which is why I vote something else. :)

123abc 05-25-2010 03:09 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by Kracka (Post 341462)
Look a bit more closely at that graph and notice what each line did in just 2009.

I see the same kind of drop in 01 on that graph too.

Matt D. 05-25-2010 03:14 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by 123abc (Post 341477)
I see the same kind of drop in 01 on that graph too.

So that makes it okay? The point is things are continuing on the trend, and faster than they ever have.

Kracka 05-25-2010 03:15 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by 123abc (Post 341477)
I see the same kind of drop in 01 on that graph too.

Since when is reading a line so difficult? I don't know what to tell you other than to look closer.

tpunx99GSX 05-25-2010 03:15 PM

Re: Private pay shrinks to historic lows
 
My pay has been increasing since i left college. maybe people need to get a different job if they are getting paid less. :)

Kracka 05-25-2010 03:16 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by tpunx99GSX (Post 341480)
My pay has been increasing since i left college. maybe people need to get a different job if they are getting paid less. :)

These graphs have nothing to do with individual salaries.

Matt D. 05-25-2010 03:17 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by tpunx99GSX (Post 341480)
My pay has been increasing since i left college. maybe people need to get a different job if they are getting paid less. :)

I'm sure all the recent college grads who can't find jobs would love to hear that from you.

123abc 05-25-2010 04:03 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by Matt D. (Post 341478)
So that makes it okay?

Words in my mouth?

I pointed out the same amount of a drop as the last year. To me it seems like you guys really get your panties in a bunch when you see this stuff on the major news outlets.


This shit has been going on for a long time, why the sudden mood swing?

311evo 05-25-2010 04:12 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by 123abc (Post 341493)
Words in my mouth?

I pointed out the same amount of a drop as the last year. To me it seems like you guys really get your panties in a bunch when you see this stuff on the major news outlets.


This shit has been going on for a long time, why the sudden mood swing?

To this degree? source please.

Matt D. 05-25-2010 04:19 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by 123abc (Post 341493)
Words in my mouth?

I pointed out the same amount of a drop as the last year. To me it seems like you guys really get your panties in a bunch when you see this stuff on the major news outlets.


This shit has been going on for a long time, why the sudden mood swing?

Do I need to edit the picture to line up the dip you are talking about and prove that it isn't as severe as the one that occurred over the past two years?

What about the government benefits, are you okay with that too?

Yes, it has been going on for a long time, and Obama is making it worse, not better.

tpunx99GSX 05-25-2010 04:19 PM

Re: Private pay shrinks to historic lows
 
Also what needs to be realised is that we just went through a major recession, where unemployment rates rose significantly, They werent cutting jobs off the bottom, but towards the middle and higher income individuals. so therefore you have a drop in salary rates. as well as companies passing up rate increases due to unforseeable futures. It will rise in time one can hope, but now that companies are starting to hire again its starting to look like the worst is over. As long as people start shelling out some money to buy products.
And yes, Recent college grads should be happy to know that each year i have been getting rate increases due to performance and expirence. It means they have much to look forward to as long as they remain agile.

tpunx99GSX 05-25-2010 04:21 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by Matt D. (Post 341498)
Do I need to edit the picture to line up the dip you are talking about and prove that it isn't as severe as the one that occurred over the past two years?

What about the government benefits, are you okay with that too?

Yes, it has been going on for a long time, and Obama is making it worse, not better.

Stop blaming obama for all the troubles of the country we dont live in a monarchy. . Start blaming Congress, Senate, and the government as a whole. He is only a peice of the blame puzzle, a very small peice. Checks and Balances.

Matt D. 05-25-2010 04:24 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by tpunx99GSX (Post 341499)
And yes, Recent college grads should be happy to know that each year i have been getting rate increases due to performance and expirence. It means they have much to look forward to as long as they remain agile.

I currently know two people who recently graduated college who can't find jobs, a mechanical engineer and a radiology technician (xrays, ultrasounds, etc.) I'm sure they'd love to know that you're cozy in your career when they can't find a job to get started on theirs.

Matt D. 05-25-2010 04:25 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by tpunx99GSX (Post 341501)
Stop blaming obama for all the troubles of the country we dont live in a monarchy. . Start blaming Congress, Senate, and the government as a whole. He is only a peice of the blame puzzle, a very small peice. Checks and Balances.

Look in the mirror, buddy. I'm not the one that votes on one side of the aisle and looks down my nose at the other. He's in the hot seat, he gets the heat. Deal with it.

tpunx99GSX 05-25-2010 04:43 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by Matt D. (Post 341502)
I currently know two people who recently graduated college who can't find jobs, a mechanical engineer and a radiology technician (xrays, ultrasounds, etc.) I'm sure they'd love to know that you're cozy in your career when they can't find a job to get started on theirs.

Takes time and effort my friend. I started off at the bottom rung and worked my ass off to get where i am, I have had nothing given to me in my career, i moved out to california on my own dime, because i saw oppertunity, when things started to go south, i got the hell out of dodge on my own dime. Never claimed unemployment, or welfare because i never needed to. And also you are talking to a guy that just got a job after being unemployed for a month.
College does not equal Expirence. You cant graduate with a degree in IT and expect to be an IT Director right away. Cmon matt you know that! Start off with a help desk, and move up as fast as you can. but remain agile enough to build your career path and set goals. If they look down on me because im cozy in a career then thats on them. They would be called Haters.

Quote:

Look in the mirror, buddy. I'm not the one that votes on one side of the aisle and looks down my nose at the other. He's in the hot seat, he gets the heat. Deal with it.
All im saying is that he is not the one to blame for every problem you have with the government and the situation of the U.S.

Matt D. 05-25-2010 04:53 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by tpunx99GSX (Post 341507)
College does not equal Expirence. You cant graduate with a degree in IT and expect to be an IT Director right away. Cmon matt you know that! Start off with a help desk, and move up as fast as you can. but remain agile enough to build your career path and set goals. If they look down on me because im cozy in a career then thats on them. They would be called Haters.

You completely failed to see what I said and all you're doing right now is tooting your own horn. They can't find anything related to their career. McDonald's and Sunglass Hut are not related to engineering or radiology. These are educated people who can not find skilled labor employment.
Quote:

All im saying is that he is not the one to blame for every problem you have with the government and the situation of the U.S.
No, what you are saying is that you enable partisanship.

1ViciousGSX 05-25-2010 05:00 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by tpunx99GSX (Post 341501)
Checks and Balances.

Where were the "Checks and Balances" with ObamaCare?

Matt D. 05-25-2010 05:01 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by 1ViciousGSX (Post 341510)
Where were the "Checks and Balances" with ObamaCare?

http://moneymel.files.wordpress.com/...heckmated2.jpg

1ViciousGSX 05-25-2010 05:03 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by Matt D. (Post 341512)

You racist bastard!!





j/k :lol:

Matt D. 05-25-2010 05:04 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by 1ViciousGSX (Post 341513)
You racist bastard!!





j/k :lol:

Haha I didn't even realize that. :sasmokin:

tpunx99GSX 05-25-2010 05:05 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by Matt D. (Post 341509)
You completely failed to see what I said and all you're doing right now is tooting your own horn. They can't find anything related to their career. McDonald's and Sunglass Hut are not related to engineering or radiology. These are educated people who can not find skilled labor employment.

No, what you are saying is that you enable partisanship.

How is it my fault that i chose a good career and career path. Tooting my own horn? No not at all. The way you were making it sound is that you were being snarky with me for having a good career.
I spoke at my old college while i was in transition between jobs this last time, to a class of IT students that the IT education director was teaching. The quicker they realise that its a tough market out there and they will have to take great lengths to get good expirence. Same goes for your friends, in todays market they need to move if need be to the larger concentration of jobs in radiology and engineering. Even if they have to take a job lower than their knowledge etc. Expirence is Expirence. I wasnt suggesting they go out to mcdonalds for a job, i was simply stating that you cant expect to be a senior level engineer fresh out of college.

Matt D. 05-25-2010 05:14 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by tpunx99GSX (Post 341515)
How is it my fault that i chose a good career and career path. Tooting my own horn? No not at all. The way you were making it sound is that you were being snarky with me for having a good career.
I spoke at my old college while i was in transition between jobs this last time, to a class of IT students that the IT education director was teaching. The quicker they realise that its a tough market out there and they will have to take great lengths to get good expirence. Same goes for your friends, in todays market they need to move if need be to the larger concentration of jobs in radiology and engineering. Even if they have to take a job lower than their knowledge etc. Expirence is Expirence. I wasnt suggesting they go out to mcdonalds for a job, i was simply stating that you cant expect to be a senior level engineer fresh out of college.

In case you forgot, I'm in IT as well. I never implied anything about them getting upper level jobs, why are you even saying that? You clearly haven't understood anything I've said. They can't find a job. Period. The friend in radiology went to Mayo for school and they don't even have a job for her there, nor anyone in her class. Last I heard is that there was an actual waiting list for recent grads who wanted jobs at Mayo. You're acting as if you're Nelson from the Simpsons laughing at them because they chose the career path they did.

sleepydsm 05-25-2010 06:49 PM

Re: Private pay shrinks to historic lows
 
This forum is awesome!

Halon 05-25-2010 10:15 PM

Re: Private pay shrinks to historic lows
 
College is for weenies.

t-revzr 05-25-2010 10:44 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by Halon (Post 341540)
College is for weenies.

I guess I love bein a weenie then being I went to college and have a stable career.

Kracka 05-26-2010 07:52 AM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by Halon (Post 341540)
College is for weenies.

Not all of us have our higher education provided by the government :D

Matt D. 05-26-2010 09:20 AM

Re: Private pay shrinks to historic lows
 
I didn't go to school and I'm doing just fine. :)

bramagedained 06-06-2010 08:42 AM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by Halon (Post 341540)
College is for weenies.

If I use the money for the GI bill at all(which now pays full tuition for any state school, or equivalent amount), it will be to go to college to do nothing but party. Or save it to transfer to the kids I don't have.

There's no degree that would have a significant impact on getting hired/pay for what I'm going to do when I get out of the military.

Though right now even with combat pay I'll still make under $30k this year while I'm in Afghanistan.

Halon 06-06-2010 12:33 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by t-revzr (Post 341553)
I guess I love bein a weenie then being I went to college and have a stable career.

It was a joke. Guess I should have added a smiley face or something.

slowbubblecar 06-07-2010 11:14 PM

Re: Private pay shrinks to historic lows
 
Quote:

Originally Posted by tpunx99GSX (Post 341515)
The quicker they realise that its a tough market out there and they will have to take great lengths to get good expirence. Same goes for your friends, in todays market they need to move if need be to the larger concentration of jobs in radiology and engineering. Even if they have to take a job lower than their knowledge etc. Experience is Experience. I wasnt suggesting they go out to mcdonalds for a job, i was simply stating that you cant expect to be a senior level engineer fresh out of college.

+1

Many people still seem to think that a 4 year degree is a golden ticket or something. Out of college, the key is to find something related to your carreer path and find ways to increase your knowledge/abilities. If opportunities for advancement are not present or you aren't able to keep growing, it is time to find a new place of employment. It takes the right organization and focus to be able to get where you would like to be.

I have tried to explain to my friends that it will be difficult to find the RIGHT job when they complete college. They seem to think that the perfect job will just fall on their lap and they will have more money than they know what to do with. Some also seem to think they will hop into a senior management job even though they can't even explain to me how they would be qualified.

Despite having made some good contacts, I wouldn't want to be looking for a job or just completing college in this economy.

In the graph, I agree with the first economist.


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