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To: Doren who wrote (8690)8/15/2019 2:35:24 PM
From: sylvester80  Respond to of 11191
 
>>Full employment...Based on massive massive debt.

More like based on LIES and smoke and mirrors... that is why you still don't see salaries explode (other than CEOs - see article below). The term "full employment" is complete garbage. During TRUE full employment during the internet bubble (late 1990s) my salary was going up 20-25% every 6 months. Back then there was truly FULL employment. Now is just LIES and smoke and mirrors that you can barely keep up with inflation which is now running at 2.2+% while year over year salary increases are at 2.8-3%.

And then... you have the criminal 1% that took the $1.5 TRILLION TAX SCAM (that they do NOT need) and saddled the rest of us with an exploded national debt....

OOPS! CEO compensation is up 1,000%. Worker pay? Not so much.
Aarthi Swaminathan
Finance Writer
Yahoo FinanceAugust 14, 2019
finance.yahoo.com

CEO compensation has increased by 1,007.5% over the past three decades while workers have seen their pay rise by about 12%, according to a new report by the Economic Policy Institute (EPI).

“CEO compensation is really high, and it's really grown tremendously over the last four decades,” Lawrence Mishel, an economist at the D.C.-based left-leaning think tank told Yahoo Finance. “Workers have not done very well at all. This really matters because CEO compensation sets the pattern for executive pay more broadly and has helped fuel the growth of the top 1%.”

The annual report — which compared CEO compensation to average worker earnings from 1978 to 2018 — found that the gap between the two has continued to increase dramatically, as the stock market reached new highs over the past few months.

According to the report, CEO compensation grew by 1,007.5% when taking stock options granted into account, outstripping S&P stock market growth (706.7%) and the growth of “very high earners” (339.2%) during that time. This was in stark contrast to workers who saw wages grow by 11.9%.

(By a measure of options-realized as opposed to granted, CEO pay rose 940.3% under.)



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(Source: EPI)
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CEOs make 278 times more than a workerAccording to the report, CEOs now make 278 times more than their workers. Comparatively, in 1965 a CEO was only making 20 times more.

The peak was in 2000, at the height of the tech bubble, when a CEO was making 368 times as much as the typical worker.

That number fell because of the stock market declines, which “led to a substantial paring back of CEO compensation,” the report stated.



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(Source: EPI)
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The income gap is also reflected in overall wealth generation, where the richest tenth of American households own 70% of all the wealth, according to research by Deutsche Bank.

And despite being in a tight labor market, workers are still seeing slow wage growth — paltry in comparison to CEO pay.

“There's a lot of reasons why workers are not able to get increased wages,” Mishel explained. “And I think the main reason is that we've really destroyed collective bargaining system in this country. And so there's not an organized force, pushing for higher wages.”



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McDonald's CEO Steve Easterbrook speaks with an employee by a self-service ordering kiosk before a press conference in New York in 2016. (Photo: REUTERS/Shannon Stapleton)
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Stock awards becoming more popularMishel also noted that stock awards were becoming a more popular method of CEO compensation.

Stock awards refer to stocks granted to employees, which can increase or increase in value depending on how the firm’s stock price performs.

And “these stock awards averaged $7.5 million in 2018, making up nearly half of CEO compensation, the report stated, good from “the bulk of CEO compensation.”

Aarthi is a writer for Yahoo Finance. Follow her on Twitter @aarthiswami.



To: Doren who wrote (8690)8/15/2019 4:10:45 PM
From: Zen Dollar Round  Respond to of 11191
 
Here is an interesting article I came across written last year about Donald Trump and his mental health. Unsurprisingly, it doesn't look good...

I used applied psychoanalysis to assess President Trump. The diagnosis is frightening

Much has been written by U.S. commentators, pundits, and even mental health professionals about Donald Trump’s mind and psyche during the 2016 campaign for the presidency and his first 20 months in office. Little of it was grounded in applied psychoanalysis, the practice of using psychoanalytical principles to understand the actions, motivations, and limitations of historical figures.

To fill that gap, I wrote “ Trump on the Couch,” a task made easier by the revealing historical record on his family and early years and his own published record, from the books he has authored over the years to his more recent, incomparable Twitter output. These sources provide an unprecedented look at how the unconscious patterns Trump developed in childhood influence his words and deeds in adulthood.

A single appearance on “Fox & Friends,” a morning talk show on the Trump-friendly Fox News network, reveals the depth and breadth of the character evaluations and mental illness diagnoses that I made from my analyses.

It was April 26, 2018, the day that White House physician Dr. Ronny Jackson withdrew as Trump’s surprise nominee for Secretary of Veterans Affairs following allegations of improper professional conduct. From the privacy of his White House retreat, Trump called into the show, and for nearly 30 minutes delivered a rambling monologue, weighing in on topics from Jackson’s announcement to Michael Cohen and Stormy Daniels, James Comey, and Kanye West.

This half-hour revealed how destabilized the president can become and showed many of the disturbing patterns seen elsewhere in Trump’s actions and writing. Three of the most striking were his deep-seated feelings of victimhood, repeating himself, and difficulty answering questions or staying on point. He remarked, for example, that he had made NBC “a fortune.” He then went on to say, “You would think these guys would treat me great” before repeating “I made them a fortune.” And then he said, “They treat me falsely.” His disbelief was palpable.

In most situations, Trump’s impulse is to blame others for the problems he encounters. On “Fox & Friends,” he blamed the Democrats. His tendency to view the “other” as bad, dirty, or destructive was illustrated here by his rants against James Comey, CNN, and Robert Mueller.

A worrisome escalation of Trump’s cognitive limitations was heard in his inability to follow the thread of a conversation, as when he jumped from getting a card for Melania’s birthday to talking about Macron’s wife to talking about Iran — all in a span of three sentences. He said things that just don’t make sense, like there is “a horrible group of deep-seated people” out to get him.

The paranoid portrayal of himself as victim continued in a similar manner. “It’s a witch hunt,” Trump said, “and they know that. … I would give myself an A-plus. Nobody has done what I’ve been able to do and I did it despite the fact that I have a phony cloud over my head that doesn’t exist.”

Also on display was the now-familiar disconnect between Trump’s language, meaning, and the truth, most conspicuously when he contradicted himself while railing against his perceived enemies on “fake news” networks: “I don’t watch them at all. I watched last night.”

What troubled me even more was the acceleration of Trump’s anger, which threatened at times to escape his control and explode into full-throated rage. The same destructive impulses to which he gives free expression from the rally podium sounded out of control when coming from an isolated, disembodied voice over the phone.

More at: statnews.com



To: Doren who wrote (8690)8/15/2019 6:58:18 PM
From: lucky_limey  Read Replies (1) | Respond to of 11191
 
I'm not clear... are you shorting the market here or are you going to play the bounce?

Are you saying you are going long on the markets if Trump falls out of favour?

This market is a day traders wet dream...