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permabear
ParticipantIf I could add to that: My income personally has gone up during that period due to promotions, but I’m hiring people at the same salary that I was paid in 2000 for similar work. This is nominal terms, not inflation-adjusted. So I was making about 100k in 2000, and now I’m hiring people at 95k-105k. I don’t know how people at that salary are making things work, since it’s a challenge at 200k (if you want to eat healthy foods and save at a solid rate). Which is ludicrous.
BTW, I’ve had a couple interviews at Qualcomm over the years as they’re constantly headhunting. The last interview they wanted me to take almost a 20% pay cut, and that was for a director job. They were honestly surprised by my salary (as in, “even we don’t make that much”). I also have several friends at Qualcomm and I KNOW they make less than market rate. So I’m not sure I buy the idea that Qualcomm salaries are supportive of current prices.
ParticipantIf I could add to that: My income personally has gone up during that period due to promotions, but I’m hiring people at the same salary that I was paid in 2000 for similar work. This is nominal terms, not inflation-adjusted. So I was making about 100k in 2000, and now I’m hiring people at 95k-105k. I don’t know how people at that salary are making things work, since it’s a challenge at 200k (if you want to eat healthy foods and save at a solid rate). Which is ludicrous.
BTW, I’ve had a couple interviews at Qualcomm over the years as they’re constantly headhunting. The last interview they wanted me to take almost a 20% pay cut, and that was for a director job. They were honestly surprised by my salary (as in, “even we don’t make that much”). I also have several friends at Qualcomm and I KNOW they make less than market rate. So I’m not sure I buy the idea that Qualcomm salaries are supportive of current prices.
ParticipantI agree with you. Whether this hits SD hard is to be seen. It seems like our high-end jobs have fared well relatively speaking. I was just looking at a couple Beverly Hills listings that make me want to move up there. $1.3M actually gets you a million-dollar home now.
ParticipantI agree with you. Whether this hits SD hard is to be seen. It seems like our high-end jobs have fared well relatively speaking. I was just looking at a couple Beverly Hills listings that make me want to move up there. $1.3M actually gets you a million-dollar home now.
ParticipantI agree with you. Whether this hits SD hard is to be seen. It seems like our high-end jobs have fared well relatively speaking. I was just looking at a couple Beverly Hills listings that make me want to move up there. $1.3M actually gets you a million-dollar home now.
ParticipantI agree with you. Whether this hits SD hard is to be seen. It seems like our high-end jobs have fared well relatively speaking. I was just looking at a couple Beverly Hills listings that make me want to move up there. $1.3M actually gets you a million-dollar home now.
ParticipantI agree with you. Whether this hits SD hard is to be seen. It seems like our high-end jobs have fared well relatively speaking. I was just looking at a couple Beverly Hills listings that make me want to move up there. $1.3M actually gets you a million-dollar home now.
Participant[quote=AN]Pensions $747.1 5.7
Health Care $783.8 6.0
Education $900.8 6.9
Defense $622.2 4.8
Welfare $411.4 3.2
Interest $312.3 2.4[/quote]Those figures are somewhat deceiving. The defense budget doesn’t count spending that is under Homeland Security or the State Department or black ops. Several reports have found that billions of our defense budget is now off-books or hidden in other departments. Here’s a conservative estimate:
[quote=Mother Jones]But the real number is even higher, because, among other things, the OMB doesn’t count supplemental spending on the wars in Iraq and Afghanistan. We’ve combed through this year’s budget documents to add up military-related spending throughout the entire government…. The total: $780.4 billion[/quote]
Participant[quote=AN]Pensions $747.1 5.7
Health Care $783.8 6.0
Education $900.8 6.9
Defense $622.2 4.8
Welfare $411.4 3.2
Interest $312.3 2.4[/quote]Those figures are somewhat deceiving. The defense budget doesn’t count spending that is under Homeland Security or the State Department or black ops. Several reports have found that billions of our defense budget is now off-books or hidden in other departments. Here’s a conservative estimate:
[quote=Mother Jones]But the real number is even higher, because, among other things, the OMB doesn’t count supplemental spending on the wars in Iraq and Afghanistan. We’ve combed through this year’s budget documents to add up military-related spending throughout the entire government…. The total: $780.4 billion[/quote]
Participant[quote=AN]Pensions $747.1 5.7
Health Care $783.8 6.0
Education $900.8 6.9
Defense $622.2 4.8
Welfare $411.4 3.2
Interest $312.3 2.4[/quote]Those figures are somewhat deceiving. The defense budget doesn’t count spending that is under Homeland Security or the State Department or black ops. Several reports have found that billions of our defense budget is now off-books or hidden in other departments. Here’s a conservative estimate:
[quote=Mother Jones]But the real number is even higher, because, among other things, the OMB doesn’t count supplemental spending on the wars in Iraq and Afghanistan. We’ve combed through this year’s budget documents to add up military-related spending throughout the entire government…. The total: $780.4 billion[/quote]
Participant[quote=AN]Pensions $747.1 5.7
Health Care $783.8 6.0
Education $900.8 6.9
Defense $622.2 4.8
Welfare $411.4 3.2
Interest $312.3 2.4[/quote]Those figures are somewhat deceiving. The defense budget doesn’t count spending that is under Homeland Security or the State Department or black ops. Several reports have found that billions of our defense budget is now off-books or hidden in other departments. Here’s a conservative estimate:
[quote=Mother Jones]But the real number is even higher, because, among other things, the OMB doesn’t count supplemental spending on the wars in Iraq and Afghanistan. We’ve combed through this year’s budget documents to add up military-related spending throughout the entire government…. The total: $780.4 billion[/quote]
Participant[quote=AN]Pensions $747.1 5.7
Health Care $783.8 6.0
Education $900.8 6.9
Defense $622.2 4.8
Welfare $411.4 3.2
Interest $312.3 2.4[/quote]Those figures are somewhat deceiving. The defense budget doesn’t count spending that is under Homeland Security or the State Department or black ops. Several reports have found that billions of our defense budget is now off-books or hidden in other departments. Here’s a conservative estimate:
[quote=Mother Jones]But the real number is even higher, because, among other things, the OMB doesn’t count supplemental spending on the wars in Iraq and Afghanistan. We’ve combed through this year’s budget documents to add up military-related spending throughout the entire government…. The total: $780.4 billion[/quote]
ParticipantDefense spending needs to be cut drastically – at least back to Clinton levels. It is insane right now, and is the single item bankrupting the U.S. – not SS or Medicare or anything else. The 2009 U.S. military budget accounted for approximately 40% of global arms spending. That’s over SIX TIMES larger than the military budget of China.
Seriously, just look at this:
http://en.wikipedia.org/wiki/List_of_countries_and_federations_by_military_expenditures
ParticipantDefense spending needs to be cut drastically – at least back to Clinton levels. It is insane right now, and is the single item bankrupting the U.S. – not SS or Medicare or anything else. The 2009 U.S. military budget accounted for approximately 40% of global arms spending. That’s over SIX TIMES larger than the military budget of China.
Seriously, just look at this:
http://en.wikipedia.org/wiki/List_of_countries_and_federations_by_military_expenditures
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