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Re:Tech Unicorns Are Going Public at Near-Record Pace by monocasa on Wednesday December 19, 2018 @02:21PM (#18718512)
A nine year high: ie. they still haven't fully recovered since the last recession. And your source doesn't doesnt appear to take into account CPI increases over the same period.
Re:Tech Unicorns Are Going Public at Near-Record Pace by nostrademons on Wednesday December 19, 2018 @02:33PM (#18718647)
The post I'm replying to is arguing about interest rates & wage growth over the past 2 years. I'm pointing out that this is false for wage growth over that time period.

If you want to discuss how structural changes in the economy have let capital fuck over labor, that's a different conversation. That trend has been going on since before I was born, though, and the takeaway I learned from it, before even entering the workforce, was "Build capital."

Re:Tech Unicorns Are Going Public at Near-Record Pace by monocasa on Wednesday December 19, 2018 @04:20PM (#18719758)
> The post I'm replying to is arguing about interest rates & wage growth over the past 2 years. I'm pointing out that this is false for wage growth over that time period.

And like I said, your citation doesn't take I to account increases in CPI.

Real wage growth is falling. https://www.forbes.com/sites/patrickwwatson/2018/09/25/real-...

It doesn't matter if they're getting more Uncle Sam Fun Bucks, if those Fun Bucks are worth less than they gained.

> If you want to discuss how structural changes in the economy have let capital fuck over labor, that's a different conversation.

Nah, they're pretty related.

> That trend has been going on since before I was born, though, and the takeaway I learned from it, before even entering the workforce, was "Build capital."

It's next to impossible to build capital if you're not being paid a living wage to start with, and your real wage growth is negative.

Re:Tech Unicorns Are Going Public at Near-Record Pace by owens99 on Thursday December 20, 2018 @04:29AM (#18723529)
> If you want to discuss how structural changes in the economy have let capital fuck over labor, that's a different conversation.

Well said. This should no doubt be the focus.

Re:Tech Unicorns Are Going Public at Near-Record Pace by ksec on Friday December 21, 2018 @06:03AM (#18732636)
>they still haven't fully recovered since the last recession........ and CPI

Exactly this. I don't understand why everyone keep overlooking.