tag:blogger.com,1999:blog-3829599.post7213299778459946126..comments2024-01-28T00:20:40.933-08:00Comments on Agoraphilia: How Is This a Problem?Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3829599.post-45372996230682409282010-09-09T08:42:12.809-07:002010-09-09T08:42:12.809-07:00Why shouldn't the ratio be increasing?
Wouldn...Why shouldn't the ratio be increasing?<br /><br />Wouldn't that be a true sign of improving economic situations for people? It would then reflect an increase in worth faster than an increase in income. For example, by better rate of returns on savings and investments, or capital assets.<br /><br />If the ratio stays the same, it says that people aren't able to improve their situation with their given level of income; i.e., it going out as fast as it is coming in. Not enough to accumulate any increase in one's financial buffer.<br /><br />And given the increased risks in today's economy, people need much bigger buffers than they've had in the past. A stint of unemployment is likely to last years, not weeks or months. And when it does end, it's likely to be at a much lower salary.ruralcounselhttps://www.blogger.com/profile/09193188081686431709noreply@blogger.comtag:blogger.com,1999:blog-3829599.post-49261814082070558982010-07-27T02:57:05.849-07:002010-07-27T02:57:05.849-07:00People with an agenda that usually includes some t...People with an agenda that usually includes some type of policy change will employ the 'household tactic'. They cry "household wages have stagnated!", because household size has decreased, from 3.5 to 2.5 or so over the past few decades. This is the first time I've seen it done for worth though.<br /><br />Individual wages and net worth are generally growing.Caveat Bhttps://www.blogger.com/profile/08075608780308309624noreply@blogger.com