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Economics Discuss Millennials earn 20% less than Boomers did at same stage of life at the Political Forums; Originally Posted by Dog Man The millennial's that work for me are making much more than this baby boomer did ...

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  #21 (permalink)  
Old 01-24-2017, 08:11 PM
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Default Re: Millennials earn 20% less than Boomers did at same stage of life

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The millennial's that work for me are making much more than this baby boomer did at their age. None of them went to college, but they are making more than most college grads. They are very happy working for a conservative republican like myself, that kept them working through the biggest construction collapse in the country. And now we are bidding jobs like crazy, getting ready to make ourselves even MO money. Viva Las Vegas!

I don't think you are putting that into real dollars.
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Damn shame it couldn't have been a father / son event. IMHO.
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Old 01-25-2017, 12:10 AM
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Default Re: Millennials earn 20% less than Boomers did at same stage of life

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Originally Posted by winston53660 View Post
I don't think you are putting that into real dollars.
Oh, come on now... It's "real dollars" going into their pockets...
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Old 01-25-2017, 10:28 AM
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Default Re: Millennials earn 20% less than Boomers did at same stage of life

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Originally Posted by foundit66 View Post
What evidence do you have of this claim?
Or is this yet another "repeat the lie often enough and people will believe it" moment?
No Mr. "F it" I see what the stock market and construction market is doing right now. General Contractors in Las Vegas are seeing old projects that were put on hold years ago firing up now. I just had to hire an independent contractor to help with estimating and bidding new projects coming on line. You can believe what other Libs tell you. But I'm living it Baby!!!!!
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Old 01-25-2017, 10:39 AM
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Default Re: Millennials earn 20% less than Boomers did at same stage of life

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Oh, come on now... It's "real dollars" going into their pockets...
Correct, Into my employees pockets. I give out regular bonuses based on company profits, I already have my retirement in place, and I am not greedy.
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Old 01-25-2017, 11:24 AM
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Default Re: Millennials earn 20% less than Boomers did at same stage of life

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Correct, Into my employees pockets. I give out regular bonuses based on company profits, I already have my retirement in place, and I am not greedy.
Real versus nominal value
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Damn shame it couldn't have been a father / son event. IMHO.
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Old 01-25-2017, 11:53 AM
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Default Re: Millennials earn 20% less than Boomers did at same stage of life

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Correct, Into my employees pockets. I give out regular bonuses based on company profits, I already have my retirement in place, and I am not greedy.
I knew that Winston was talking about real v. nominal value which goes into things like buying power and actual take home pay today vs. previous years... There's tons of things implicated by his assertion of talking in "real dollars."

HOWEVER, when it comes to your compensation philosophy (from the scant information you have provided here), I would suggest you are the exception and not the rule when it comes to developing compensation packages for employees in context of net profit.
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You get the respect you give. And if you're a Republican, you b*tch about paybacks being a b*tch. So sorry you're mad your guy is getting the respect you gave ours, Snowflakes.
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Old 01-25-2017, 11:58 AM
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Default Re: Millennials earn 20% less than Boomers did at same stage of life

I would love to see cnredd spin this graph.
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Originally Posted by RedState View Post
And yet Corporate Profits have never been higher.....



If only those poor companies weren't forced to keep their employees living in poverty. Thanks Obama.
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Old 01-25-2017, 02:37 PM
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Default Re: Millennials earn 20% less than Boomers did at same stage of life

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I would love to see cnredd spin this graph.
It looks to me like Corporate profits went up under Obama, and wages went down under Obama. Am I missing anything?
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Old 01-25-2017, 03:02 PM
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Default Re: Millennials earn 20% less than Boomers did at same stage of life

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It looks to me like Corporate profits went up under Obama, and wages went down under Obama. Am I missing anything?
Yes, that corporate America lies when they say increasing wages would hurt profits. It only hurts their personal pay.
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Old 01-25-2017, 04:01 PM
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Default Re: Millennials earn 20% less than Boomers did at same stage of life

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Yes, that corporate America lies when they say increasing wages would hurt profits. It only hurts their personal pay.
Well luckily slavery does not exist anymore. No one has to work for those type people. I could make more money for myself, but I would not have the great employees that I have. I would constantly be looking for new people. I know that I am much different because I am a small business, but it would seem to me that it would work for other businesses. Unless it is a brain dead widget factory. I don't see how a box folder, or a floor sweeper can make a living wage anywhere in the universe.
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