Hell No I Wont Get a
Raise, Complain, Give Up or Go!
by Vice President Knight Allen
Originally published on April 14, 2016 - reprinted with permission
There was an interesting small article in the RJ on
April 8, 2016. The headline said, "Nevada's weekly wage rises in
year over year reading."
The article, with no byline, was clearly intended to spread the good news about wage growth in Nevada between
September of 2014 and September of 2015. "Nevada's weekly wage SOARED (my emphasis) to a record third quarter
reading." The weekly wage reached an average of $860 up 2.6% from $840 in 2014. That's actually 2.4% but why quibble?
Now I don't mind the state wanting to get some good news on wage growth out to the public but when the numbers
represent such a short term time period I become concerned the political/economic leadership will get swept up
in the good news and start thinking tax increases may be more palatable. After all, things are certainly looking
up, aren't they?
I believe public policy must be rooted in a longer term, more accurate view of what has happened to the working
people of this state since the boom-bust-recovery cycle which all began at the end of 2007.
Here for your information are the numbers from year end 2007 thru Q3 of 2015 (the newspaper report).
2015's $860 a week x 52 weeks = $44,720 a year.
At year end 2007 the average wage was $42,149 a year per the NV Dept. of Employment and Training.
So, in just about eight years the working person's wage has risen by a "soaring" 6% - TOTAL.
Believe it or not, even Social Security has beaten 6%.
This "recovery" has not gone all that well for labor although capital can't complain too much. The DOW is up 22%
and the S&P 500 is up 31% over the same time frame. Not great but three to five times better than labor.
Keep a skeptical eye out for those touting the "good news" about wage growth and Nevada's recovery. Many times
they have an agenda that is not in the best interest of working people OR the rest of us.
Here's an interesting statistic you may or may not have seen. Four of the five richest counties in America are right
around Washington, DC. In terms of US Counties, they're the one percenters. Do you see any of the Presidential candidates
making this glaring example of concentrated wealth and power part of their campaign? Nothing is going to change
after November - nothing.
A Wall Street Journal article last month (3/16/16) was headlined, "Math may not add up for Sanders." As of the date
of the article Mrs. Clinton had 768 delegates to Mr. Sanders 554. A spread of 38%. But, with the superdelegates it's
Clinton 1,235 to Sanders 580, a spread of 113%. Mr. Sanders has won almost every Democratic caucus/primary since then
and my guess is he's no closer to the nomination than he was in March. The Democratic Party's nominating process really
is Orwell's "Animal Farm" where all the animals (voters) are equal but some are more equal than others.
A survey of young adults conducted by Harvard's Institute of Politics says a majority of them - 60% - aged 18 to 29
support sending ground troops to fight Islamic State militants but fewer than one in five would be willing to go themselves.
Do you think those who made the case for an all-volunteer military, and won, could have foreseen our young men and women
in 156 countries for decades with no political force here at home demanding a change in policies?
Vice-President Knight Allen
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