otto105
Diamond Member
- Sep 11, 2017
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GDP has increased slightly. Deficits have massively increased. Unemployment is down, but labor force participation is still way down. Wages have not increased much. If trump inherited a weak economy, it is still weak.Been a lot of min wage increases...
Studies I seen show that that is part of it, though less than a third of the rise.
You made a claim about Trump inheriting a strong economy.
My response stands.
Trump inherited a weak and aging upswing, and reinvigorated it.
THe increase in wages for the lower income workers, is especially impressive.
I don't know that hte deficits were dropping, but yes, them rising is a fair point.
Errr, my point was about the rise in wages for the most vulnerable of workers.
That is very impressive.
Yes, but in large part because states that raised their MW laws, not because of any policy the trump administration enacted.
Wage growth for low-wage workers has been strongest in states with minimum wage increases
Those numbers don't make a lot of sense to me, they talk of lower paid workers getting more, but the graphs shown show no breakdown by level of wages. Also, a larger 5 year period of time, which seems designed to HIDE sudden, and dramatic change, if there is any, not show it.
They quite clearly refer to the 10th-percentile of wages. One of the lowest wage rates. The 5-year window is to include the year before states started raising the MW in 2014 to show it's affects.