American workers' wages stagnant, even in a great economy: why?

[Anomalocaris]

That’s not necessarily a good sign. Tightness in labor market usually occurs towards the end of an expansion cycle and preceed a downturn.

The Trump slump is on its way.

The US's tourism market has already largely collapsed as the US is not seen as a nice place to go.

Spain is expected to become the second most popular tourist destination in the world, overtaking the US, as the so called ‘Trump Slump’ cause a dip in the US tourism industry; says GlobalData a leading data and analytics company.

The decline of tourism is estimated to cost the US economy £140 million a week, equivalent to £7.3 billion a year.

http://www.ttoscandinavia.com/trump-slump-leads-spain-to-overtake-us-in-global-tourism/

https://www.theguardian.com/travel/2017/feb/28/us-tourism-experiences-a-trump-slump

Interest in travel to the US has “fallen off a cliff” since Donald Trump’s election, according to travel companies who have reported a significant drop in flight searches and bookings since his inauguration and controversial travel ban.

Data released this week by travel search engine Kayak reported a 58% decline in searches for flights to Tampa and Orlando from the UK, and a 52% decline in searches for Miami. Searches for San Diego were also down 43%, Las Vegas by 36% and Los Angeles 32%.

Tired of all that winning yet?

One of the major tools to mitigate a slump and accelerate a recovery is via a tax cut.  One way to mitigating the effects of overheating economy and prolong the growth cycle is through a tax increase.   We did the exact opposite. We cut taxes while the economy is in full growth and on the verge of overheating.  We probably worsened the overheating ING and accelerated the approach of the down turn.   Having already cut tax to deep deficit territory, we have no room to cut taxes when we are in the down turn and need a stimulus.

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American Workers Just Got a Pay Cut in Economy Trump Calls Great


As I've said countless times, the average worker suffers under the American economic model. Things have to change on a fundamental level. We know that wages have failed to keep up with inflation, and that the top 10 percent of income earners have seen magnificent gains while the rest of us have seen, statistically speaking, nothing. It seems Republicans (and moderate Democrats) have conditioned workers to be content with this reality. This has been an issue for over 30 years. Through Clinton and Obama too.

I align with the political philosophy of social democracy. It's time to take note from its success in the Nordic countries. The average American deserves more. Congress (Dems and Repubs alike) almost unanimously passed the disgusting and highly unnecessary $700 billion to our military complex while we bicker about whether or not we can afford a universal healthcare system. Repulsive.

Parasitic 1%'ers are no longer concerned with preserving their hosts.

The fatter the parasite, the more easily it can transfer to another host.  This is why parasites are eager to suck the host dry to get fatter now.    This is also why Americans are idiots and deserve extinction for so easily be duped into gladly fattening our parasites.