BERKELEY, INC.
  • Home
  • About
    • Our History
    • The Process
    • The Team >
      • Michael Ling
      • Stephen White
      • Chris Hendrickson
      • Megan Gibson
      • Katy Krucker
  • Services
    • Investment Management
    • Financial Planning
    • FAQ's
  • Client Logins
  • Commentary
  • Contact
    • Pre-Meeting Questionnaire

What Berkeley, Inc. Thinks...

Wages, Economic Growth, & Elections

9/14/2016

0 Comments

 
Given the pending presidential election in 2 months, the news released yesterday about improving wages and general economic growth in the U. S. (still slow but steady) is providing Democrats something to tout, while Republican’s initial response is somewhat muted. The Washington Post which frequently considers the political implications of such news posted the attached article on the 2015 census data. The Washington Post included quotes from Jason Furman, chairman of Obama's Council of Economic Advisers, the House Ways, and Means Committee Chairman, Kevin Brady (R-Tex.)  
 
The Wall Street Journal reported the data in a similar format. The primary difference between the two articles was The Wall Street Journal provided just the facts. Readers can conclude any positives in the economy or social welfare of US citizens will thus be heavily used by both parties in general speeches and during the presidential debates.
 
A significant caveat to the substantial gains is the wage increases applied primarily to those living in urban areas, while rural wages have remained flat. This further illustrates the basis for the political division in the country. Most rural states lean and vote Republican, while the more urbanized states side with the Democrats.   


Middle class incomes had their fastest growth on record last year by Jim Tankersley
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Authors

    Occasionally we like to post articles that give you some insight into how we form our opinions or stay informed.

    Archives

    May 2021
    July 2018
    March 2018
    February 2018
    November 2017
    September 2017
    August 2017
    July 2017
    March 2017
    February 2017
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016

    Categories

    All
    Client Experiences
    Economics
    Financial Planning
    Investments
    Markets
    Odds & Sods

    RSS Feed

3778 Plantation River Drive Suite 102, Boise, ID 83703     |     Telephone 208-853-6980       |       Fax 208-853-6982
Picture
  • Home
  • About
    • Our History
    • The Process
    • The Team >
      • Michael Ling
      • Stephen White
      • Chris Hendrickson
      • Megan Gibson
      • Katy Krucker
  • Services
    • Investment Management
    • Financial Planning
    • FAQ's
  • Client Logins
  • Commentary
  • Contact
    • Pre-Meeting Questionnaire