Study finds Minnesotans unlikely to move up in income brackets

  Рет қаралды 1,319

KARE 11

KARE 11

17 күн бұрын

New numbers from the Federal Reserve shows movement among income brackets is less likely in Minnesota.
www.kare11.com/article/money/...
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Пікірлер: 29
@Imjusttryingtotellu
@Imjusttryingtotellu 14 күн бұрын
And folks are saying we should move here because it’s more affordable when I see the Midwest getting just as bad as the coast, with no wage increase in sight.
@Tom-cz9op
@Tom-cz9op 14 күн бұрын
Minnesota destined to be the next California
@Olaf236
@Olaf236 14 күн бұрын
Minnefornia
@Tom-cz9op
@Tom-cz9op 14 күн бұрын
@@Olaf236 I wish Trump would build a wall around the metro area and make it a separate state
@Olaf236
@Olaf236 14 күн бұрын
@@Tom-cz9op I’ll be there to lay the first block……
@Tom-cz9op
@Tom-cz9op 14 күн бұрын
@@Olaf236 I'll hand you the blocks bruh
@johnnytoobad7785
@johnnytoobad7785 14 күн бұрын
It really doesn't pay to work for more $$ in a socialist state. Even *BEFORE* I retired I went out of my way to keep my "taxable" income as low as possible here in the Peoples Republic of New Calisota.
@Bigsparky710
@Bigsparky710 15 күн бұрын
If you know your worth then go find a job where someone will pay you more… or even better start your own company and pay yourself. I don’t get it if someone is worth more then you should be able to go apply any another job and get a higher wage? There is a lot more to this then sex, age or color… maybe skills play a roll in how much you make or what you can make the company…
@jackiekjono
@jackiekjono 14 күн бұрын
That would be true in a sane place. Here we would rather have bike paths than businesses and will do everything possible to sabotage someone with gumption-especially if their new business is seen as a threat to other interests.
@skwira000
@skwira000 14 күн бұрын
Why are we not talking about Safe Harbor IRAs? The Retirement Clearinghouse estimates this costs the whole country $1.5 trillion in loss of retirement benefits. The vast majority of the weight of this is on low income Americans.
@2532robh1
@2532robh1 15 күн бұрын
You wanted Biden.
@Jessiepinkerman
@Jessiepinkerman 14 күн бұрын
Don't be dumb
@2532robh1
@2532robh1 14 күн бұрын
@@Jessiepinkerman You gave us him
@jackiekjono
@jackiekjono 14 күн бұрын
I think this would be Walz
@Olaf236
@Olaf236 14 күн бұрын
Some people are content with enough. Not everybody needs and/or wants more, more, more….
@Imjusttryingtotellu
@Imjusttryingtotellu 14 күн бұрын
It’s sad those folks are getting hit the hardest 😞
@rebeccacampbell7497
@rebeccacampbell7497 14 күн бұрын
My pay has increased significantly in the almost 5 years that I've been working at this job.
@jackiekjono
@jackiekjono 14 күн бұрын
Are your wages more or less equivalent to what your parents or grandparents made in the 80’s adjusted for inflation?
@rebeccacampbell7497
@rebeccacampbell7497 13 күн бұрын
@jackiekjono I'm 65....dad died at 96 in 2021...mom died in 1997 at 72.....dad was a teacher 54-85.
@nativestacker4185
@nativestacker4185 4 күн бұрын
This is NOT true . In the past 3 years cost of living has increased in Minnesota by almost 50% but wages are not increasing to meet the cost of living which means people in Minnesota are actually moving down in the income brackets . How does The Fed calculate Inflation ? They calculate Inflation by the Wholesale Prices of Commodities in The Stock Market . As Inflation moves up in reality it means The US Dollar is loosing it's value and that means it takes more Dollars to buy the same product or service . When people work they are performing a service for their employer and if you are not getting an increase in pay that matches cost of living then you are DOING THE SAME JOB FOR LESS PAY . What is Poverty Level ? A single person working a non-college degree full-time job should be paying no more than 30% of his/her take-home pay towards housing and utilities , this formula changes when you factor in a family , but we will just use a single person for this comment . If wages don't start to rise to meet cost of living to balance out the economy we will continue to be in a recession . If people don't have money to spend the economy will suffer more .
@clintoncollins2064
@clintoncollins2064 15 күн бұрын
Who invest in themselves to be marketed for higher paying jobs?
@NSB2
@NSB2 14 күн бұрын
Me. To no effect. If anything, management resents me for knowing more than they do.
@user-cq9ph5pz1j
@user-cq9ph5pz1j 14 күн бұрын
Do you really wanna be like people in Eden Prairie and Minnetonka. No one wants to have to live near such entitlement.
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