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Wages Soar Fastest among Those with the Least


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2020 Jan 12, 2:07pm   779 views  6 comments

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Democrats caught in another bald-faced lie:

Between November 2018 and November 2019, overall median wage growth climbed 3.6 percent, a healthy pace that should lift spirits, too. Those in the bottom 25 percent saw wages advance 4.5 percent, while the top 25 percent lagged, with pay rising just 2.9 percent. This is the 180-degree exact opposite of what Democrats relentlessly bellow. They have equal access to the Atlanta Fed’s website. This confirms their rank dishonesty.


For further sanguine results of Trumponomics, see Sentier Research’s analysis of the Census Bureau’s Current Population Survey. Sentier clocked U.S. median household income last November at $66,043 — $5,070 higher than this key metric’s position when President Trump was inaugurated on January 20, 2017: $60,973. This 8.3 percent increase in middle-class income in less than three years crushes the two-term, eight-year performances of Obama ($1,043, up 1.7 percent) and G. W. Bush (an emaciated $401, or a paltry 0.7 percent boost).



No wonder the Dems are desperate to keep the topic on impeachment. Well, they used to. Yo libtards! What happened to fast-tracking impeachment to 'save the Republic'?

https://www.nationalreview.com/2020/01/wages-soar-fastest-among-those-with-the-least/

Comments 1 - 6 of 6        Search these comments

1   FuckTheMainstreamMedia   2020 Jan 12, 2:31pm  

Let’s see what happens in 2020. If President Trump gets 15% of the black vote, the Democrats stand no chance in a Presidential election. President Trump would win 40-45 states under such conditions. Percentage wise blacks have benefitted more than any other race from the current economic conditions.

Now the 15% number could change in the future as black population declines as a percentage of the US population...the Dems will create other wedge groups in their place...but for 2020, that’s the number that will destroy the Dems.
2   MisdemeanorRebel   2020 Jan 12, 4:06pm  

Whereas in the Not-covery, they rose the slowest
3   Booger   2020 Jan 12, 5:02pm  

https://www.cbsnews.com/news/taco-bell-100000-salaries-paid-to-some-restaurant-managers/

Taco Bell will pay a $100,000 annual salary for general managers at some of its company-owned stores, the fast-food chain said Thursday.
4   🎂 Tenpoundbass   2020 Jan 12, 5:25pm  

Source ...and Authors Calculations...

I take issue with that Chart, nobody saw wage growth in Obama's term, especially the last two years like it shows. Even for the few places that got $10 or $15 min wage laws passed. Pretty much our whole economy was being ran on part time 17 hour a week workforce. Nobody was getting over 17 hours. As a result everyone I knew from the age 17 to 27 thought working was a useless endeavor, and no merit to working. They could hit their folks up for cash, here and there and make on average the same thing, while doing nothing. I also don't think the percent axis is representing the real wage hits most all Americans took from the Fiance Crash all the way to when Trump took office.
Workers also saw 401K matching suspension , suspension of bonuses, suspension of other employment perks.
In demand Software and Tech workers did OK, they did see the most wage growth out of most everyone. But they certainly missed out on a lot. In other times where companies and economy were enjoying record profits. They would have been much more generous to wages and bonuses. Instead those profits were making up for their record losses in previous years.

Now the economy is such, companies are giving bonuses, and starting compensation.
5   🎂 Tenpoundbass   2020 Jan 12, 6:12pm  

Booger says
Taco Bell will pay a $100,000 annual salary for general managers at some of its company-owned stores, the fast-food chain said Thursday.



I'll take an ass beating over a wrong order every day, for that. kind of money.
The managers of fast food joints should sit in a dunk tank seat. So outraged customers can just throw their burgers at the bullseye.
6   MisdemeanorRebel   2020 Jan 12, 6:25pm  

Looking at the Long Term of that chart, holy shit does Neoliberalism and Outsourcing and Mass Immigration blow chunks, dude.

Look how shitty wages have been for the past 20. Trump is getting us back on Track, but the economy's been fucked up since the Dot Com bubble.

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