Jesse's Café Américain

Behind the concrete, the visible events, behind all the objective, logical considerations, we find the struggle against evil, against the servants of the antichrist. Everywhere and always demonic powers lurk in the dark, waiting for the moment when man is weak. When he yields to the forces of evil, he separates himself from the power of a higher order; after taking the first step, he is driven on and on to the next and to the next, at a furiously accelerating rate.
Die Weiße Rose, 1942

Showing posts with label median hourly wage. Show all posts
Showing posts with label median hourly wage. Show all posts
04 January 2013

Wages: The Median and the Mean

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The 'mean' is the average of all wages. The 'median' is the wage in the middle, that is, what is earned by those people i...
27 March 2011

US Employment and Wages, Modern Monetary Theory, Trade, and Financial Reform

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There will be a sustainable recovery in the US when the median wage recovers in relation to inflation and consumer necessities, and the em...
10 September 2010

Soaring Corporate Profits As US Worker Pay for Productivity Hits Record Lows

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Two sets of charts tell the story. The problem is that when workers are pressed to the wall on pay they lose the ability to consume without...
31 December 2008

The Fuel for a Speculative Rally but Not a Recovery

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At some point we may stop confusing asset bubbles with economic growth. In the meantime, we might expect the shallow and immature stewardshi...
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