vyshka
6598
It’s a shame he wasn’t a better actor, then maybe he would have stuck with that career
No, it’s because Borg beat McEnroe at Wimbledon.
Miramon
6600
All we have to do is push the high-end tax rates back up to where they were pre-Reagan, and close the offshoring loopholes, and everything will be fine again. I’m almost serious.
That reporter with the funny expressions has the nickname Wednesday Adams! I think she went as it on Halloween. I forget her name and I want to know!
That ball was on the line.
magnet
6603
Wage stagnation started in the early 1970s, as your own chart demonstrates. The oldest baby boomers had just entered the work force, many were still in school.
To the extent that boomers played a part in wage stagnation, they did as its first victims.
Your comment is out of bounds. Clearly Out! Just look at it, are you an IDIOT?! it’s RIGHT OUT!
I agree–the other stuff that had started up in the 1970’s but really picked up steam after Reagan came in was absolutely relentless, all but officially sanctioned union-busting.* Couple that with wage arbitrage on a global scale over the last 40 years and you’ve got a recipe for having almost all of the proceeds of economic growth accrue to capital and irreplaceable/indispensable high earning employees.
Some of the Boomer cohort were among the “perps” and way more among the victims.
*At the state level it wasn’t even an unofficial thing: “Right to Work (for nearly nothing)” and all that.
Chuck
6606
Ashley ‘sad eyes’ Parker is the reporter. Tom’s got a crush on her. She shows up on Hardball with Chris Mathews regularly.
Banzai
6607
She has good eyes, but those eyebrows? Better than a golden retriever’s ears.
Timex
6608
That chart is pretty clearly bullshit in its decision to break on 1980, as the separation of wages and productivity clearly starts at around 1960, getting worse around 1970. Reagan didn’t cause it.
You can’t see a clear divergence around 81-82? Prior to that all 3 lines moved in concert - they all went up or down roughly in proportion. Then in 82 productivity starts a skyrocketing trajectory while wages and compensation remain flat.
Even if you use 60 as the baseline there in a demonstrable difference post 82.
As with many things, you can interpret that graph in different ways. Timex is right is the sense that productivity growth outpaced compensation growth from 1965 on. But if you showed me that graph without the background coloration I’d be with strummer - compensation more or less tracked productivity, even if productivity grew somewhat faster, until about 1980. If you project the same gradual lagging of compensation until the present, compensation would be way higher than it actually is. Does that mean “Reagan”? Not necessarily.
We have no Pence-specific thread?
Pitkin County Sheriff Joe DiSalvo said when a man who lives in the home hung the banner, the Secret Service didn’t stop him.
“He was real sheepish and thought he might be confronted by the Secret Service or deputies who’d tell him he couldn’t do it,” DiSalvo said. “When they said, ‘We’re not here to control your free speech rights,’ they came out with chili and began feeding them.”
He continued: “They’ve been really nice to us.”
The effect of Boomers is akin to gravitational lensing. Now that they are going (or gone), things are returning back to normal. (Or, is it the delayed effect of the dissolution of the Soviet Union? I can’t make up my mind.)
Best to burn it all down. Just to make sure.
Daagar
6614
You know you wanted to say ‘nuke it from orbit, it’s the only way to be sure’ but realized the error of that…
This, again, goes back to the fact that the Republican party is no longer a traditional american political party but is, instead, an insurgent movement. Mike Lofgren called this out in 2011 and time and circumstance have proven him correct:
http://www.truth-out.org/index.php?option=com_k2&view=item&id=3079:goodbye-to-all-that-reflections-of-a-gop-operative-who-left-the-cult