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Reply #10: What year is this data for?? Oh yea ... 2009. [View All]

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JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-19-10 03:26 PM
Response to Reply #3
10. What year is this data for?? Oh yea ... 2009.
In 2009, we had yet to hit the bottom. The stimulus did not pass until end of Feb 2009.

It should be no surprise that wages continued to fall during 2009.

I agree that CEO compensation should not be moving up ... but during 2009, no one was claiming the economy was great. In fact no one is claiming that now.

At most, they point out that economic indicators, and trends, have improved after the stimulus passed.

So what we need to see is the TREND LINE. What were wages doing since the recession started, Dec 2007 up to Feb 2009. Then, you'd compare that to April 2009 to NOW.

To have any idea whether wages are improving, you need the trend.
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