Author Topic: Report: Americans Made Big Wage Gains Under Trump  (Read 241 times)

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Report: Americans Made Big Wage Gains Under Trump
« on: February 27, 2021, 04:09:17 pm »
Report: Americans Made Big Wage Gains Under Trump

Neil Munro 26 Feb 2021

Average wages rose sharply in 2019 in then-President Donald Trump’s go-go economy and also rose again in 2020 as China’s coronavirus pushed many lower-income people out of jobs, according to the left-leaning Economic Policy Institute (EPI).

The spikes reveal the Trump gains at the 2019 end of the EPI chart, released February 24 in the group’s annual “The State of Working America 2020 wages report.”


Source: Economic Policy Institute

“Men at the middle and bottom of the wage distribution saw their wages rise in 2019: a 2.6% increase at the 50th percentile and a striking 5.7% increase at the 10th percentile, along with a 4.2% increase at the 20th percentile,” according to the organization’s 2019 yearly report, The State of Working America 2019.”

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https://www.breitbart.com/economy/2021/02/26/report-americans-made-big-wage-gains-trump/
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Offline skeeter

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Re: Report: Americans Made Big Wage Gains Under Trump
« Reply #1 on: February 27, 2021, 04:13:34 pm »
But he was rude.

Offline DefiantMassRINO

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Re: Report: Americans Made Big Wage Gains Under Trump
« Reply #2 on: March 04, 2021, 07:51:48 pm »
Wages increased because labor demand increased faster than supply - competition for available workers drove up wages.  The Republicans' relief from regualtory over-reach contributed to GDP growth.
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