Posts filed under “Wages & Income”
The national deficit is too great for entitlement programs like Social Security and Medicare to escape unharmed. That means an impact is looming on many Middle Class Americans who may not be expecting it. WSJ’s Neil Hickey reports.
July 12, 2011
Lets catch up with what Matt Trivisonno is seeing over at his Withholding-Tax data crunching site, The Daily Jobs Update: Federal withholding-tax collections over the last four workweeks came in only slightly above the corresponding period from 2010. Total collections were $126.25 billion versus $125.59 billion – only $659 million more. > > That’s the…Read More
At this morning’s conference, someone asked a question about Wages, and I was reminded of this chart. > click for larger chart via David A. Rosenberg & Gluskin Sheff > With that sort of ratio, upwards Wage pressure is likely to be non-existent (exceot for specific skillsets . . . Dave adds: As the chart…Read More
Category: Wages & Income
These three charts are pretty cool (courtesy of The Chart Store) — they show many hours you need to work in order to buy one unit of each of these — Oil, Gold and the4 CRB Commodities Index. This introduces another element to commodity pricing — relative wage gains. > click for larger charts
> The chart above shows how far things have moved off their traditional ratios in terms of US incomes. The top 1% are earning more income, and keeping more of it, than anytime since the roaring 1920s. This fascinating set of data points via the Paris School of Economics (referred to us by Invictus!). You…Read More