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Topic	No wage growth for the median worker since 1979, except from 1996-2001
s0nicfan 08/21/18 11:56:38 AM #40:	Darkman124 posted... s0nicfan posted... In 10 years, apple went from employing ZERO FTE retail store employees to 41,000. Does that get factored into the benefit of the company's growth to wages? sure, but do you actually see that as a big deal? in ten years, apple's value to shareholders increased from about 100 billion to >1 trillion. that is a much bigger deal. and that was me using 2008 highs, not 2008 lows. That just strengthens my argument, though. The janitor didn't grow the value to shareholders by 10X, so why would their salary increase relative to Jobs' be the same? EDIT: Although I'll acknowledge again as you've pointed out that it also doesn't justify the reduction in career mobility and benefits they have received. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz <cite>s0nicfan posted [p:907281326] in No wage gr... [t:76923153]...</cite> <quote><cite>Darkman124 posted...</cite> <quote><cite>s0nicfan posted...</cite> <quote>In 10 years, apple went from employing ZERO FTE retail store employees to 41,000. Does that get factored into the benefit of the company's growth to wages? </quote> sure, but do you actually see that as a big deal? in ten years, apple's value to shareholders increased from about 100 billion to >1 trillion. that is a much bigger deal. and that was me using 2008 highs, not 2008 lows.</quote> That just strengthens my argument, though. The janitor didn't grow the value to shareholders by 10X, so why would their salary increase relative to Jobs' be the same? EDIT: Although I'll acknowledge again as you've pointed out that it also doesn't justify the reduction in career mobility and benefits they have received. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz</quote> ... Copied to Clipboard!
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