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Pastimes : All Clowns Must Be Destroyed
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To: CYC who wrote (30169)4/28/2000 5:14:00 PM
From: TheStockFairy  Read Replies (2) of 42523
 
<<I work in a public institution, and the rise in salary, excluding promotional merits, is pretty much in line with the official CPI number. >>

Are you saying that you get an extra Jello Pudding Pop before you have to take the blue pill to keep you calm? <g>

The way that I look at the CPI number is:

Basically you are looking at an entire cross section of the US. If you look at the graduated wage scales something along the lines of 50% of the households make $45k or less per year. In other words, there are more people working for Walmart than Ebay. Although Walmart does have an ESPP, $6 an hour doesn't allow you to purchase much stock.

Any personal view, especially one coming from an investor's point of view (which would assume that they have at least a little bit of money) , is going to skewed by their surroundings. Personally, I only know suburban professionals who complain that their options have only gone up 20% this year so far. I don't know anything about the Mississippi family of 4 that only makes $7k per year.
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