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Politics : Formerly About Advanced Micro Devices
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To: Jamie153 who wrote (1168826)10/6/2019 10:27:10 AM
From: Sdgla1 Recommendation

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FJB

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Bad news for you is great news for the American worker. Trump & his policies have worked & your bs has failed.

Wage Growth for Low Income Workers Doubles Wage Growth for High Income Workers…
Posted on October 5, 2019 by sundance
An interesting article within The Atlantic draws attention to one of the more intended consequences of Maganomics: wages for the middle-class Americans are rising twice as fast as wages for high-income earners.

( Source)

Yes, President Trump is closing the wealth gap.

This dynamic is directly attached to President Trump’s MAGAnomic policy that focuses wage and income benefit directly to Main Street, “production economy”; and reverses the process that was driving benefit to U.S. multinationals on Wall Street, the “service-driven” economy. As noted in The Atlantic:

[…] According to analysis by Nick Bunker, an economist with the jobs site Indeed, wage growth is currently strongest for workers in low-wage industries, such as clothing stores, supermarkets, amusement parks, and casinos. And earnings are growing most slowly in higher-wage industries, such as medical labs, law firms, and broadcasting and telecom companies. ( more)

While there are not technically going to be direct losers in a Main Street economy, there will undoubtedly be some amid the investment class who will be lesser-winners.

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