When will wages stop going up?

Question

Wages are in direct relation to what we pay for goods and services, ie "When you buy and hamburger at a bar the price reflects what the owner has to pay the server, cook, and other staff." Also as wages go up we are loosing out on products to other countries. Wonder why General Motors are working in Mexico and Canada and why everything at Walmart is made in China or Tawian.

Answer 1

So Americans expecting a decent wage is responsible for outsourcing???? And the government making it easy for millions and millions of illegals to work here???
This is nothing but treason and lies the stupid American people have so far done nothing about.

If outsourcing is so necessary... Explain why executive compensation is WAY up. Explain why corporate profits are at record highs.

Explain why I've never heard the term "working poor" until recently. Explain executives making twice or more what they used to in many cases while the middle class shrinks rapidly and the number of WORKING people near the poverty level grows. Explain the HUGE growth of our prison population. The people HIDDEN from unemployment and poverty statistics. Explain a disgusting US government that commits TREASON and allows INVASION OF THE COUNTRY by cheap illegal workers to increase the profits of a few "elite". Why is it not treason for "American" companies to pay taxes to foreign governments and strengthen enemies??? The working class will pay with their taxes and lives to fix any problems it causes, while the "elite"just profit from it.

Corruption, greed and treason are the problems here. I do hope you were just pushing people to write about it. If not, you're a brainwashed fool who deserves to have his freedom, country, job and wealth stolen.

Answer 2

Wages will stop going up when there is zero inflation or deflation. These are very bad things. We want low inflation. If wages do not go up for a long period of time (like 20 years) it's an indication that the economy has been in the toilet and we're pretty screwed.

If there is zero inflation, prices and wages don't increase, if wages don't increase, spending doesn't increase, if spending doesn't increase, companies can't make more money, if companies don't make money, they can't increase wages, they may even cut jobs. The price of everything falls, nobody invests because in a year, the investment will be worth less than if you'd kept the money and the economy slows even more, it's called the circle of FUBAR.

Answer 3

circle of fubar, must remember that
wages in canada are going up just as fast as the states, GM is here because of the autopact treaty, same with ford and chrysler

wage progression is nessesary, just as price increces are. the way this alows the individual to get ahead is when you buy a house, you fix that cost, then the progression leaves you slack.

Answer 4

My wages are still lower than they were back in 1998.