If wages are stagnant of what benefit is GDP growth to workers ?

[DemocratSinceBirth]

That's akin to a business that is making record profits but the employees haven't received a wage in years.

[Eyeball_Kid]

1. It's worse than you think. It's corporatism on parade.

GDP growth is likely associated with an increase in the cost of consumer goods and services. Rents and food costs will go up. Energy costs will rise. Trumpy's trade war will cause additional increases in goods and services. Stagnant wages mean that workers will suffer from a DECREASE in purchasing power. With unions destroyed and shrinking, there is no counterbalance. Workers will just have to go without, assuming that propaganda (and violence against workers) against unions is effective.

[Hoyt]

2. Agree wages have been stagnant, but a job with wages worth increasing

is better than no job. That is one value of increasing GDP.

I think wages will start increasing at some point, but it has been slow. Wages should increase, especially when employees find they can do better down the street. That hasn’t been the case for awhile.

Another problem is that companies have been investing more into technology, not employees. Thus, employers think the return for increased productivity goes to those who invested in technology. There is probably some rationality in that, although it doesn’t help employees.

Finally, the government has failed us by cutting taxes and not returning some of employers’ profitability to the people through healthcare, education, etc.

Increasing GDP is seldom —if ever — bad, especially if it is distributed fairly.

[Wellstone ruled]

3. Do not mean to rain on your parade,

wages are done increasing for quite some time. September into October will be the critical inflection point for our economy. Looking like Lay-Offs are looming in large numbers and we are just now hearing form smaller Companies with less than 3-4 hundred employees locking their doors.

Watch for major Layoffs on Friday of Election week. Especially in Autos, that,sector is pure ugly as of this week. Next will be Farm Equipment Makers. Talked to a Assembly Line worker from a Nebraska Equipment maker two days ago,they are holding their breath due to big slow down in sales,and figured there will be layoffs within weeks. Farmers have stop all buying because of the Tariff issues.

[Hoyt]

5. No question trump's tariffs will have an effect, but economy, no matter its

long-term outlook, will likely be strong going into election. I don’t think most GOPer leaners will vote for Democrats because they fear longer-term impact of trump’s buffoonery.

Hopefully, Democratic leaners will see long-term impact, need for healthcare, education, improved foreign relations, etc. But I don’t think status of current economy is going to help us a lot unless those who haven’t benefitted vote in mass.

I’m certainly not positive long-term, but it’s hard to see the inertia of Obama’s economy tanking that soon.

[Wellstone ruled]

6. Seeing it first hand today.

Back here in Farm Country,things are tense to say the least. And yes the strong Obama Economy has a certain amount of lasting strength,but,that strength is on the wane. Seen it first hand two hours ago when we had to make a repair part run. Parts store closed yesterday,boom,hung it up,tired of losing money he said. Fortunately,the Auto parts store had the belt we needed other wise it would have been a fifty mile run for this belt.

Major Farm Tire Store closed earlier this year because of Sales. This Tire Store has been in business since early 1900's. This was the only Truck and Tractor Tire Shop in the County. Now the locals have to travel fifty miles to get the same service.

Personnel Friend has a Branded Grocery Store in this same town. Today when we stopped,his expressed his concern of being a viable going business. The Farmers are scared.

[Hoyt]

8. I'd bet a number of them voted for trump, and will do so again.

That’s what is really sad.

[Wellstone ruled]

9. One of the Reddest Counties in

Minnesota. Noticed more empty Store Fronts,in fact there are almost three solid blocks of empty Store Fronts were as three years ago maybe four or five empty Store Fronts.

Yupper,Trump country USA.

And they will vote for the Liar again

[Turbineguy]

4. Tremendous

for those who are fooled by trump.

[pecosbob]

7. Newsflash...

wages have been stagnant since 1980.