▪️This meme claims “base worker pay” has been stuck for 15 years, failing to mention that essentially no full time worker earns the Federal min wage, as I’ve repeatedly shown on this page. Most people would be surprised to learn that avg hourly earnings have actually increased by 64% since 2007, from $20.59/hr to $33.82.
▪️For the reply guys whining about using avg hourly earnings for all workers, if you look at non-supervisory and production workers, their wages increased even more since 2007; 69%, from $17.09/hr to $29.
▪️And leisure & hospitality workers, the lowest paid category, increased even more! A 76% increase since 2007, from $12.07/hr to $21.30.
▪️I’m also skeptical of the claim CEO pay increased 150% during the same time, as that stat comes from a 2020 report from the Economic Policy Institute, a left wing activist group. Equilar, which does analysis for the Associated Press, reported this year that median total compensation for S&P 500 CEOs was $14.8M. That’s median not avg, but a long way off from $24M in the meme.
https://www.equilar.com/reports/101-equilar-associated-press-ceo-pay-study-2023
It’s bizarre to see them seesaw back and forth that Trump is totally clueless and aloof, just golfing all day, then all of a sudden he’s a dangerous king/dictator who’s diligently plotting to seize absolute power.
▪️This one is frustrating because, while it’s nice to see the vigor and speed that DOGE is acting with, they’re also sloppy with some of their findings. This is not some bombshell, millions of dead people’s SS numbers aren’t being paid out to fraudsters.
▪️This problem has been known for some time, you can read an inspector general’s report from 2015 about millions of names on the SS “numident” not being correctly annotated for deaths, even though they were older than 112 (the oldest known American at the time).
https://oig-files.ssa.gov/audits/full/A-06-14-34030_0.pdf
▪️There are innocent explanations for some of these. Expatriates that died outside the country, for example. Or immigrants given temporary work permit who returned to their country, people issued new numbers for various reasons, etc. However, most are simply due to the govt not diligently keeping track of deaths.
▪️It’s embarrassing that the govt has millions of numbers on the numident that are ...
