Pro-growth, America First policies - Winning

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

Workers want more pay and less hours

The Truth of the matter is that more and more people don't want to work at all. They got used to all that free government money during the pandemic. And they are still crossing our border illegally for all that free stuff.

Turns out if you pay people more per hour, they don't need to work as much. Case in point: People want to work fewer hours than they did before March 2020, according to a working paper published recently by the Chicago Fed.

Why it matters: The findings suggest that the labor market is even tighter than many realize. Pay is better, especially for those at the bottom of the wage scale — and that means people aren't as desperate for more hours or a second job.

Read about it...

Janitorial Services for the City of Lake Worth (Beach)

It may not have been a fair wage that was paid to an employee by Honor Cleaning, a janitorial service hired by Lake Worth, but every employee that is hired anywhere has the right to accept the wage and take the job or reject it and find other employment. Better yet, if one can't make it in a certain field, get some training and better skills to enable you to find higher wages.

If we are not retaining janitorial services in our city, we need to look at what we are paying them, not what they are paying their workers.

It is not our job to interfere in private enterprise and what they pay their hirelings. This also applies to Scott Maxwell's inquisition of General Dollar the other night when he asked them what their projected sales would be at the site of North A street and 10th Avenue North...really inappropriate and not his business.

So it just shows that intrusive meddlesome type questions happen on both sides of the political spectrum. It's not just a liberal socialist thing all of the time.

"It's about the Economy, Stupid"

September Jobs Report Brings Good News for American Workers

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President Trump’s economy continues to boom, notching the lowest unemployment rate in nearly half a century.

Historically Low Unemployment
• The unemployment rate for September dropped to 3.7%, the lowest since 1969.
• This is the third consecutive month that the unemployment rate has been below 4% and the fifth time this year.
• Since 1970, the unemployment rate has only been below 4% on 10 occasions, and half of those have occurred under President Trump.
• The unemployment rate for those that graduated high school but did not attend college is the lowest since April 2001 (3.7%).
• The unemployment rate for Hispanics matched its all-time low (4.5%).
• The unemployment rate for women matched its lowest rate in 65 years (3.6%).
• The unemployment rate for African Americans (6.0%) is near its all-time low set earlier this year (May 2018’s rate of 5.9%)
Rising Wages
• Nominal average hourly earnings rose by 2.8% over the past 12 months.
• Nominal weekly have increased an even stronger 3.4% over the past 12 months.
• This is the 5th consecutive month with nominal 12-month growth over 3 percent, marking the longest streak with 3 percent weekly earnings growth since 2010.
• Both nominal weekly and hourly earnings are outpacing inflation, meaning that our workers are seeing real wage growth.
Job Growth
• The economy added 134,000 jobs in September, though Hurricane Florence likely contributed to the lower employment growth during the month.
• Revisions to August and July showed 87,000 more jobs were created in those months than previously though.
• August employment was revised up by 69,000.
• July employment was revised up by 18,000.
• With the revisions to July and August, the economy has increased by 208,000 jobs per month in 2018.
• This exceeds the monthly average for the last two years.
• Manufacturing continues its strong growth under President Trump, adding 18,000 jobs in September.
• Manufacturers have added 378,000 jobs since President Trump’s inauguration.
• Manufacturers have added 408,000 jobs since President Trump’s inauguration

The highest and lowest of Governor salaries

Eight governors did not accept their salaries or accepted reduced salaries in 2014:

Alabama Gov. Robert Bentley,a Republican, bypassed his salary in 2013 and 2014, noting that he would not accept a salary until his state achieved full employment. Florida Republican Gov. Rick Scott only accepted 12 cents of his salary, Michigan Gov. Rick Snyder, also a Republican, collected $1 of his salary, and Tennessee Republican Gov. Bill Haslam returned his 2014 salary to the state.

Click here... to see the salaries in the rest of the country.

And a little trivia from the Council of States Government Knowledge Center, the average salary for a governor in the 48 states was $7,823 in 1937. When adjusted for inflation, the average salary for a governor in 1937 becomes $129,313—just 4 percent shy of the average salary in 2014.

Unions still trying to take down the giant and change public opinion

A lot of area Democrats at this demonstration yesterday in front of Wal-Mart in Boynton Beach. Is Wal-Mart really the ogre that they say it is?

Walmart says that it got its start in Arkansas in 1962. Since then, the company has expanded across borders and overseas but the U.S. remains the heart of their business. Today, Walmart employs more than 1.4 million U.S. associates at more than 4,700 stores and clubs nationwide. Every year, they promote about 160,000 people globally to jobs with more responsibility and higher pay. In the U.S., the average, full-time hourly wage is $12.83.

The demonstration was backed by the unions who has fed the line of inferior pay, bad working conditions and corporate greed down the throats of all these protesters who don't want to see workers taken advantage of by some retail giant. Corporations are not supposed to make money in America, or at least not this much, according to them.

 If Wal-Mart employs over 2 million workers world-wide and conditions are so bad, why do they stay? This demonstration is nothing more than heavy handed unions that have used their influential brow-beating message  convincing the liberals that one of the most successful corporations in America is the devil. It is all about Wal-Mart's anti-union policies.

America's Wage Decline

Comment Up

The Fed believes that holding interest rates low fosters business growth, hiring, and bank lending? So why isn't that happening? .... by holding interest rates low, the Fed encourages not hiring, but rather corporate investment in software and hardware solutions that enable companies to get rid of workers.

Why hire someone at increasing minimum wages, and increasing costs of medical care, when you can borrow money for next to nothing and invest in solutions that require fewer workers?

Read more... on the Decline in Wages at Mish's Global Economic Trend Analysis.