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Politics : Formerly About Advanced Micro Devices

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To: Sdgla who wrote (1153587)	7/31/2019 10:24:11 AM
From: Wharf Rat	1 Recommendation Recommended By rdkflorida2 Read Replies (1) of 1572958

"wages up 3% to 6%" 1.4% behind Obama; keep trying. CPI — The Consumer Price Index rose 4.7% during Trump’s first 29 months, continuing a long period of historically low inflation. In the most recent 12 months, ending in June, the CPI rose 1.7%. The CPI rose an average of 1.8% each year of the Obama presidency (measured as the 12-month change ending each January), and an average of 2.4% during each of George W. Bush’s years. Wages — Paychecks continued to grow faster than prices. The average weekly earnings of all private-sector workers, in “real” (inflation-adjusted) terms, rose 2.5% during Trump’s first 29 months (ending in June) after going up 3.9% during the previous four years. Those figures are for all private-sector workers, including managers and supervisors. For rank-and-file production and nonsupervisory workers (who make up 82% of all private-sector workers), real weekly earnings have gone up 2.7% so far under Trump, after rising 4.9% during Obama’s last four years in office. factcheck.org

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