Blue-Collar Wages Under Trump Post Largest Increase in Almost 60 Years
Wage numbers are ‘even bigger than the improvement seen at the start’ of Trump’s first term
In the first five months of President Donald Trump’s second term, blue-collar hourly workers have experienced a nearly 2 percent increase in real wage growth—the most significant growth under any administration since President Richard Nixon.New Treasury Department data suggest real (inflation-adjusted) hourly wage growth is up 1.7 percent year-to-date for production and non-supervisory workers.
By comparison, real wages declined 1.7 percent during the first five months under the previous administration.
The last time wages outpaced inflation at this pace was during the president’s first term, says Joe Lavorgna, counselor to Treasury Secretary Scott Bessent.
“Today’s data confirm what we saw during President Trump’s first administration: pro-growth policies like tax reform and deregulation had a measurable impact on real wages, especially for blue-collar workers. This isn’t theoretical—it is showing up in the paychecks of everyday Americans.”
Read more at the Epoch Times
Thank God for these policies from the Trump administration. It's going to take time to get out of the mess Biden put us in.
ReplyDeleteProbably 4 years!
ReplyDelete@9:07...4 years what? Did you not read the article?
ReplyDelete