Saint James Goldsmith?

Continuing our theme more reasons for that market dip or free fall?  Follow up on Wages: More is Less?

Feb 7, 2018

P – "If you look closely, 2.8% of the 2.9% growth in wages went to MANAGEMENT wages, not the workers.  I saw it broken out over the weekend but didn't have a chance to post it. "

Nattering... Preachin to the choir, I did see that.  For the BLS/MSM comparison to work you have to start apples to apples, and that's what I did on chart 1 and 2, with #2 proving that even with boss man's big bonus money included, its declining.

Meanwhile, the 3rd and 4th charts I presented are for Production and Nonsupervisory Employees: Total Private, which excludes boss man.  Gotcha covered on both ends Brother P.

Most have forgotten…
"the purpose of the economy is to serve society, not the other way round. A successful economy increases wages, employment and social stability. Reducing wages is a sign of failure. There is no glory in competing in a worldwide race to lower the standard of living of one's own nation."  – Sir James Goldsmith
Should be Saint Goldsmith, required viewing and reading for those who really want to know the how and why? we are in our current trap, which is not by happenstance.



Uber Prescient Charlie Rose Interview 1994 - The Trap -  The Response.  When finished, you will need a strong IV and Out.

More to come as we continue our theme, more reasons for a market dip or free fall? in Yen Carry Squeeze and Stagflation? stay tuned, no flippin.

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