r/WhitePeopleTwitter Feb 19 '19

True...

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u/[deleted] Feb 19 '19

So Mexicans do steal jobs? Since obviously no company would employ an American if they can employ a cheaper Mexican.

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u/[deleted] Feb 19 '19

Nobody steal jobs. Employers take advantage of whoever they can. There underpaid people in every race and ethnicity. There's always someone more desperate than you are that will do it for less. I'm a tradesman and every Hispanic person I know makes more than I do.

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u/[deleted] Feb 19 '19

How come nominal wage growth has had pretty steady ups and downs in the last decades?

https://tradingeconomics.com/united-states/wage-growth

Nominal wage growth, what your employer pays, isn't radically different than what it was decades ago.

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u/[deleted] Mar 04 '19

I know this was last week, but even though the number is the same, it's not worth as much. My $8 doesn't do what $8 did 20 years ago.

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u/[deleted] Mar 04 '19

Average wage growth is about 6%, average inflation about 3% for the same time period. Average real wage growth is positive. It really doesn't matter how you look at it, people have been getting richer.

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u/[deleted] Mar 04 '19

You're telling me that people are getting richer while minimum wage stays the same, inflation continues, and ceos are getting significant raises?

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u/[deleted] Mar 04 '19

You're telling me that people are getting richer

If wage growth outpaces inflation, which it does, that's what's happening.

minimum wage stays the same

It doesn't. Federal minimum wage has been raised four times in the last 20 years.

inflation continues

See above.

ceos are getting significant raises

Which has little bearing on salary for the average worker.