Bad Consumer Math: Wages And Salaries Fall As Rents Rise

[Weird Tolkienish Figure]

Private wage and salary income fell an annualized $12.9 billion in February, or 0.2%, the Commerce Department said Monday, as income gains continued to decelerate.

http://www.investors.com/news/economy/bad-consumer-math-wages-and-salaries-fell-in-feb-as-rent-grew/?utm_source=dlvr.it&utm_medium=twitter

[A-Lert]

Not to worry, the GOPers have a plan to increase wages, salaries, high tech jobs and manufacturing.

[jmyrlefuller]

Not to worry, the GOPers have a plan to increase wages, salaries, high tech jobs and manufacturing.

Or, you know, they could just connect the places with low, reasonable rent to the places with good-paying careers. That's one of the biggest problems in America: an abundance of jobs in overcrowded, high-rent locales, and an abundance of cheap property in economically depressed, rusted-out small towns. The Internet was SUPPOSED to fix this problem but it only made it worse.

[Bill Cipher]

Not to worry, the GOPers have a plan to increase wages, salaries, high tech jobs and manufacturing.

Not to worry, Trump will solve things by making everyone (but himself and well-placed liberal hedge fund managers) equally poor with idiotic tariff and trade wars. 

[A-Lert]

Not to worry, Trump will solve things by making everyone (but himself and well-placed liberal hedge fund managers) equally poor with idiotic tariff and trade wars.

 888ohnoes

[Bill Cipher]

888ohnoes

[truth_seeker]

Or, you know, they could just connect the places with low, reasonable rent to the places with good-paying careers. That's one of the biggest problems in America: an abundance of jobs in overcrowded, high-rent locales, and an abundance of cheap property in economically depressed, rusted-out small towns. The Internet was SUPPOSED to fix this problem but it only made it worse.

Funny how that works, that olde "supply and demand" curve.

Taught in Econ 100, btw.

[Weird Tolkienish Figure]

Or, you know, they could just connect the places with low, reasonable rent to the places with good-paying careers. That's one of the biggest problems in America: an abundance of jobs in overcrowded, high-rent locales, and an abundance of cheap property in economically depressed, rusted-out small towns. The Internet was SUPPOSED to fix this problem but it only made it worse.

There's not enough housing in most good economy areas.

[A-Lert]

There's not enough housing in most good economy areas.

Especially for those making considerably less than 6 figures.