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Wage Growth Hits Record Low (Read 1133 times)

Swagman Gold Member Offline Beware of cheap imitations...... Posts: 15095 Illawarra NSW Gender:	Re: Wage Growth Hits Record Low Reply #15 - Nov 19^th, 2015 at 5:50pm Jovial Monk wrote on Nov 19^th, 2015 at 8:33am: You really should crack open Economics 101 for Dummies some time. ......maybe you could lend me your copy?
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Grappler Deep State Feller

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Re: Wage Growth Hits Record Low
Reply #16 - Nov 19^th, 2015 at 6:09pm

Swagman wrote on Nov 19^th, 2015 at 7:07am:

Steve of Moore Park Heights sounds like a fairly typical Truebeliever clueless idiot. Grin

Dnarever wrote on Nov 19^th, 2015 at 6:56am:

Wage growth has died because the Liberal government have worked very hard at killing it, no other reason.

Wage growth is dying because productivity

production capability

is falling and the economy is contracting with it.

Pushing for wage growth in an unprofitable contracting economic environment is stupidity (yet Labour Cartels have been doing just that for decades).

The only positive is that wages look like they are actually reacting to economic activity, suggesting deregulation is finally kicking in somewhat, which means there's hope for the place yet. Sad

All fixed.

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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crocodile

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Re: Wage Growth Hits Record Low
Reply #17 - Nov 19^th, 2015 at 9:49pm

Swagman wrote on Nov 19^th, 2015 at 7:26am:

Dnarever wrote on Nov 19^th, 2015 at 7:11am:

Swagman wrote on Nov 19^th, 2015 at 7:07am:

Steve of Moore Park Heights sounds like a fairly typical Truebeliever clueless idiot. Grin

Dnarever wrote on Nov 19^th, 2015 at 6:56am:

Wage growth has died because the Liberal government have worked very hard at killing it, no other reason.

Wage growth is dying because productivity is falling and the economy is contracting with it.

Pushing for wage growth in an unprofitable contracting economic environment is stupidity (yet Labour Cartels have been doing just that for decades).

The only positive is that wages look like they are actually reacting to economic activity, suggesting deregulation is finally kicking in somewhat, which means there's hope for the place yet. Sad

Sorry but government intervention has been the driving factor and not year 9 economics.

Yes Labor Govt intervention with mining and carbon taxes has been very effective in driving away potential mining and business capital investment in the billions of dollars and definitely contributed to it.... Huh

The decline in capital productivity began in the late 90's.

Labour productivity has been growing unhindered for over two decades so there can't be a lack of capital inputs. What's problematic is the continuing decline in the unit of labour productivity growth for each unit of capital.

In a nutshell, each improvement in labour productivity is coming at ever increasing increments of capital input.

How do you figure that a price on carbon can be responsible ?

Very funny Scotty, now beam down my clothes.

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