the forgotten man

T

transporter

Well-Known Member
Trump’s Promises to ‘Forgotten Man’ Undercut by Wage Stagnation

President Donald Trump heads into a midterm referendum on his presidency showing no real progress on a core promise: to raise the wages of America’s “forgotten man and woman.”

Once the impact of inflation is included, ordinary Americans’ hourly earnings are lower than they were a year ago.

Real wages have remained mostly stagnant despite an expanding economy, record stock prices, soaring corporate profits and a giant deficit-fueled stimulus from Trump’s tax cuts that took effect Jan. 1. The Trump administration claimed its policies would immediately boost wages, with its tax overhaul ultimately increasing average pay by $4,000 to $9,000.

That hasn’t happened. And though Trump regularly boasts of the economy’s performance, many Americans don’t feel they’re sharing in the gains -- a risk for Republicans as they seek to defend their House and Senate majorities in November elections.

A majority of voters believes their personal financial situation has remained the same or gotten worse over the past two years, said Tim Malloy, assistant director of the Quinnipiac University poll.
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It is a good thing the President is such a kind, likeable guy with that innate ability to relate to everyone he meets...oh wait...sorry...that isn't this President. This President is a temperamental child with no leadership or management capabilities.
 
Monello

Monello

Smarter than the average bear
PREMO Member
All but 1 year of this graph are years that Obama was president. We went from under 30 million to over 47 million in 5 years. This was even after his ma$$ive $timulu$ package. In a single year, President Trump has lowered this number significantly. Not sure if even he can get the numbers to pre obama numbers, but it sure is trending in the right direction.

I'm sure those couple of million people would fall into the forgotten category. Teach a man to fish.............

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