Re: This is 8th straight year economy has created 2 million jobs/trump has been in office for 2
Posted by:
the truth
()
Date: May 04, 2019 06:49AM
In the Trump economy, real wages are increasing. In the Obama economy, they did not. Wages are up 3.4% for the month of April compared to last year. For low-wage earners, their pay is up almost 6% from April last year.
There's a difference between creating low-paying, often temporary jobs with no benefits and wage stagnation and creating permanent middle-class jobs in manufacturing and other stable sectors of the economy with wages going up year to year.
It's like riding a Yugo vs. a Ferrari. I give Obama credit for his interventionist methods when they were needed in 2009-10 (although I don't support Bush/Obama bailing out Wall Street to the extent they did). But this is 100% Trump's economy that we're seeing here. Only Trump and a couple of other candidates on the GOP side would have been able to implement the economy we see today. Maybe Kasich and Walker. The rest would have left us limping along.