Tag Archives: wages

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Truth, Fiction, or just Comedy?

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LOL, all the goings on in America today would be so funny  if it weren’t all true. The daily news is absolutely astonishing, and we as Patriotic conservative Americans seemed to be able to only sit by and watch it all happen. I usually rely on certain news sites I watch or from articles sent to me by a few regular contributors. However, it has become such that there is so much “news items” everyday, I find it difficult to keep up with it all . So in an effort to absorb all the events and comments I shall simply give you a potpourri of today’s “news,” But try and keep your sense of humor, I had a hard time myself with some of it..

Brady Labeled ‘Racist’ for Winning Super Bowl During Black History Month

Welcome to Biden’s America, where you are “racist” if you win a Super Bowl as a white man during Black History Month.

Read that again. This is really the level of ignorance we are dealing with.  After Tampa Bay Buccaneers spanked the Kansas City Chiefs in Super Bowl LV on Sunday, the trolls were triggered and began calling out Bucs quarterback Tom Brady as racist, and having white privilege.

The Tatum Report:

Brady is no stranger to controversy and last week in ‘USA Today’ Nancy Armour attacked him for not only being white, but for his apparent support for Donald Trump.

It won’t come as much of a surprise that Twitter users are calling his victory over Patrick Mahomes “racist” … because it happened during Black History Month.

Tom Brady beating a black QB during black history month just feels racist

— ~zaib~ (@Zaib_12) February 8, 2021

Something about Tom Brady winning a Super Bowl during Black History Month just feels racist.

— Openly Black. (@iintrepid) February 8, 2021

Biden Picks Mahomes, Then Brady Leads Bucs to Blowout Victory

Joe Biden loses again…which is quite the trend. Seems the only time he can win is if there is cheating involved.

On Sunday night, Biden was asked whom he would rather receive a pass from: Chiefs’ Quarterback Patrick Mahomes, or Buccaneers’ Tom Brady. He chose Mahomes…

Jemele Hill Cries About NFL ‘Blackballing’ Kaepernick After Super Bowl Ad

Boo-hoo! Social justice warriors are ALWAYS crying about something. Now, former ESPN commentator Jemele Hill is whining about the NFL and how they “forgot” to mention that they “blackballed” Colin Kaepernick during a Super Bowl ad announcing $250 million for social justice issues.

The NFL aired a commercial just before halftime that stated “football is a microcosm of America” and proceeded to show images of civil rights activists and NFL players with the hashtag “#InspireChange.”  Pro Football used to be a microcosm of America, and maybe college still is, but Pro? No way. The whole NFL organization makes me want to throw up when I think about where they going. The Comish himself is a racist pig

Over 1 Million Jobs are Toast with Biden’s $15 Minimum Wage

A minimum wage increase SOUNDS like a good idea on paper. However, that’s all it is. It is not an idea that will work out for Americans in real life. We are not a socialist country.

Here’s the thing, if minimum wage increases, then there are a few things that will happen:

1. People will lose their jobs

2. Employees will receive less hours

3. Inflation

If businesses are forced to pay employees more, then those businesses will have to lay off employees and/or schedule their employees for less hours in order to make ends meet. In addition, the products and services being provided will cost more because the company needs to make more money in order to pay their employees more and buy the products they need in order to keep their business running.

Come on people, get serious. Companies are in business to make a profit. Raise any of their overhead e.g., rent, utilities, wages, advertising, etc. they MUST raise the price of whatever they are selling, and if the current price is at it’s max, and cannot be raised, they must close their doors. Economics 101

And now the best for last

Gov. DeSantis on Maskless Super Bowl Photo: ‘How the Hell am I Going to Drink a Beer?’

Florida Governor Ron DeSantis gave an invisible finger to liberals on Sunday when he attended the Super Bowl without a mask. Not only did he go maskless, but he also gave an epic explanation as to why he didn’t wear one.

The Republican governor said on Monday, “Someone said, ‘Hey, you were at the Super Bowl without a mask. But how the hell am I going to be able .. but how the hell am I going to be able to drink a beer with a mask on? Come on. I had to watch the Bucs win.”

Of course they don’t mention that he is in an enclosed executive suite. But I loved his reply. He’s simply a normal guy who expects to have a beer at a football game. We love our Gov!

Originally posted 2021-02-10 11:51:21.

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Let’s hear it for the 99%!

I just can’t get over how the MSM ignores facts, but what slays me is how they continue to pound the on the economy stating how bad it is and especially for anyone who is one of the 1% gang. Just today, the FED lowered interest rates 1/4 point because the the economy is doing so well, and while their are little signs of inflation they wanted to head it off should it start. Geez.

From the WSJ Editorial board.

Political discourse nowadays is enough to depress anyone, and the media don’t help by ignoring good economic news. But buck up, Americans: Worker wages are growing much faster than previously reported.

The Bureau of Economic Analysis (BEA) on Tuesday published its annual revisions to personal income data, and the surprise was the huge jump in disposable income and employee compensation.

The revisions show that employee compensation rose 4.5% in 2017 and 5% in 2018—some $4.4 billion and $87.1 billion more than previously reported. The trend has continued into 2019, with compensation increasing $378 billion or 3.4% in the first six months alone. Wages and salaries were revised upward to 5.3% from 3.6% in May year over year. And in June wages and salaries grew at an annual rate of 5.5%, which is a rocking 4.1% after adjusting for inflation.

This is far more than the 3.1% year over year increase in average hourly earnings that the Labor Department’s jobs report showed for June. One reason for the disparity may be that employers are hiring millions of younger, lower-income workers, which may be depressing average hourly earnings as older, more highly paid workers retire.

The BEA also revised overall personal income up by 1.7% for 2017 and 2018 and transfer receipts down 0.7%. In sum, Americans are earning more and relying less on government. Personal savings estimates were also increased by $217 billion for the last two years and are now $1.3 trillion, which means Americans are socking away more of their earnings.

The personal savings rate was revised upward to 8.1% from 6.1% in May, which is much higher than the roughly 5% before the last two recessions. This should make the current economic expansion more durable since consumption isn’t being pumped up largely by increased household debt. Instead consumer spending has increased as wage growth has accelerated amid a tight labor market.

Recall how liberals blamed “secular stagnation” as the reason worker incomes weren’t growing faster during the latter years of Barack Obama’s Presidency. Yet employee compensation has increased by $150 billion more in the first six months of 2019 than all of 2016. Compensation increased 42% more during the first two years of the Trump Presidency than in 2015 and 2016. This refutes the claim by liberals that the economy has merely continued on the same trajectory since 2017 as it was before.

The economy barely skirted recession in the final Obama years, and economic policy changed in 2017. Deregulation has unleashed repressed animal spirits, especially in energy. Tax reform has also spurred business investment in new facilities and equipment, which over time should translate into higher worker productivity and wages.

Those reforms are continuing to pay economic dividends despite the damage from Mr. Trump’s trade policies. While Democrats and even some conservatives complain that workers haven’t benefited from tax reform, the evidence suggests otherwise.

Corporate after-tax profits increased by about $220 billion between 2016 and 2018 while employee compensation swelled nearly $1 trillion. Corporate profits declined 2.9% in the first quarter of 2019 even as wages grew at an annual rate of 10.1%. This sure sounds like an economy that is benefiting the 99%.

Copyright ©2019 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Appeared in the July 31, 2019, print edition

Originally posted 2019-07-31 17:06:46.