interesting figure (i assume true)

[sys]

it makes more sense to me too, because there isn't such a dramatic dichotomous, labor wins v capital wins point of separation.

i'd like to better understand the divergence, though.  because axis of % vs numbers?  or a difference in the underlying data (like compensation index is more sophisticated than real compensation and includes some adjustment for purchasing power or something).

[steve dave]

[Cire]

China.  Women entering the work force.

[K-S-U-Wildcats!]

You know what will be good for wages? Tons of newly legalized unskilled labor. I always thought the whole theory of supply and demand was bullshit anyway.

[steve dave]

I thought you were going to say marijuana for a second and I was going to agree with you but then you said the stupid labor thing you said.

[kim carnes]

You know what will be good for wages? Tons of newly legalized unskilled labor. I always thought the whole theory of supply and demand was bullshit anyway.

i seriously doubt that will be good for wages

[CNS]

Marijuana is correct. Saw a story last week stating how the state of Washington is blown away by how much weed its residents smoke and how much more it is than what was thought when pushing legalization through.  They originally thought the state consumed 85 metric tons.  After running a study since legalization, they found that the actual number is more like 167 metric tons.

The article said that the actual number equates to 5-7 joints per resident per week, or something like that.

Lots of tax rev in the legalization idea.

Sent from my KFTT using Tapatalk 2

[K-S-U-Wildcats!]

How does pot legalization help wages? I guess the theory is that, long term, you're removing more people (lazy potheads) from the workforce, thus reducing supply and boosting wages? While we're at it, let's legalize meth and heroin too. I mean, there can't be any harm to doping up the masses.

[CNS]

Pot and heroin comparos are dumb. 

[john "teach me how to" dougie]

pot<<<alcohol<<<<<<<<<cigarettes<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<cocain<<<<<<<<<<meth<<<<<<heroin

[Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)]

Technology is great!   Increased productivity is great!

Correlating marginal tax rates with wage growth is Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)

[Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)]

FYI, productivity is supposed to outpace wage growth, in a developed/developing economy.

Thanks to michigancat for getting the real graph, instead of the one with giant arrows laid on top of it.

[Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)]

I thought you were going to say marijuana for a second and I was going to agree with you but then you said the stupid labor thing you said.

You are a rough ridin' moron.