Brain357
Platinum Member
- Mar 30, 2013
- 37,068
- 4,189
Trump didn’t. There have been lots of min wage increases by states and cities.Well we definitely have a wage problem. We have way too many corps with near monopolies and too much wage collusion. Now I'd rather see that get fixed, but it creates the "need" for a higher min wage in the meantime.
IF that was true, and we both know it is not, how then did President Donald Trump manage to increase the wages of the lowest-paid and minorities far more than that of higher-paid workers and cut unemployment down to record levels.
JOBS
Published January 24, 2020
Income inequality declining under Trump policies, says Labor secretary
Workers are seeing faster wage growth than their bosses
By Frank Connor FOXBusiness
Workers’ wages are growing faster than their bosses', narrowing the income gap, as a result of President Trump’s policies, according to Labor Secretary Eugene Scalia.
“At the end of the Obama administration, what we saw is wage growth for the high wage earners [and] slow wage growth for the low wage earners," Scalia told FOX Business’ Maria Bartiromo in an exclusive interview at the World Economic Forum in Davos, Switzerland. "We’ve flipped that in this economy,”
Decreasing unemployment and Trump’s reduction of regulations are factors that have contributed to this low-income wage growth, according to Scalia.
Income inequality declining under Trump policies, says Labor secretary
Due to President Trump's economic policies, workers' wages are growing faster than their bosses, according to Labor Secretary Eugene Scalia.www.foxbusiness.com