August 19, 2018
Democrats lose their last talking point against the Trump boom, with wages set to soar
By Monica Showalter
A
https://www.americanthinker.com/blo...st_the_trump_boom_with_wages_set_to_soar.html
For the Democrats, the booming Trump economy has always been a nightmare. The tax cut was derided as a 'scam.' The company bonuses that came of it in the hands of workers were just 'crumbs.' The jobs boom was blasted as 'reckless.' And the biggest silk purse attempted from this sow's ear of arguments has been the claim that 'wages are stagnant.' The Democrats' socialist 'it girl,' Alexandria Ocasio-Cortez, made a valiant effort to use that 'narrative' in her calls for 'a living wage.'
Well, turns out that last miserable talking point, that one they hoped to use to turn America blue at the midterms, is about to go out the window.
Here's the final blow from the New York Post:
Since 2008? You know, the year Obama got elected?
That's a lot of years with stagnant wages, given that Obama lasted eight years in office.
And more to the point, it identifies the party responsible for all those stagnant wages.
Because up until now, Democrats have been yelling and yelling about stagnant wages as the reason for voters to reject Republicans and President Trump. Get a load of what so many of them have been saying:
You can see the left has beat this point like a rented mule.
The reality is, now wages are going up, and that can be explained by something entirely foreign to Democrats: Free market economics. Basically, when you have jobs up, which is what President Trump has accomplished through tax cuts and deregulation, you have businesses with more cash to hire people and give them bonuses instead. Instead of sending more money to Obama's many, many bureaucrats, what we see now is money going to workers instead. And with unemployment sliding into the 3% and 4% range, which is what we have now (San Diego, for one, has 3.2% unemployment), it starts getting harder to find workers. What do employers do when they want to find more workers, and when they want to keep the ones they have? They raise wages to compete for workers, and best their competition for the best workers they can find.
That's the knock-on effect (and note that it didn't take long following those tax cuts) that shows the biggest worker paycheck increase since the pre-Obama days.
Sorry, Dems. You've just lost your last talking point. Think workers are going to embrace more of that socialism you're offering them in place of these paycheck raises now? Be prepared for a surprise.
Democrats lose their last talking point against the Trump boom, with wages set to soar
By Monica Showalter
A
https://www.americanthinker.com/blo...st_the_trump_boom_with_wages_set_to_soar.html
For the Democrats, the booming Trump economy has always been a nightmare. The tax cut was derided as a 'scam.' The company bonuses that came of it in the hands of workers were just 'crumbs.' The jobs boom was blasted as 'reckless.' And the biggest silk purse attempted from this sow's ear of arguments has been the claim that 'wages are stagnant.' The Democrats' socialist 'it girl,' Alexandria Ocasio-Cortez, made a valiant effort to use that 'narrative' in her calls for 'a living wage.'
Well, turns out that last miserable talking point, that one they hoped to use to turn America blue at the midterms, is about to go out the window.
Here's the final blow from the New York Post:
Since 2008? You know, the year Obama got elected?
That's a lot of years with stagnant wages, given that Obama lasted eight years in office.
And more to the point, it identifies the party responsible for all those stagnant wages.
Because up until now, Democrats have been yelling and yelling about stagnant wages as the reason for voters to reject Republicans and President Trump. Get a load of what so many of them have been saying:
- For most U.S. workers, real wages have barely budged in decades -Pew Research Center
- For the biggest group of American workers, wages aren’t just flat. They’re falling. -Washington Post
- Almost 80% of US workers live from paycheck to paycheck. Here's why -Robert Reich, in the Guardian
- The average American worker did not get much of a raise last year -Brookings Institute
- Why Real Wages Still Aren’t Rising -Jared Bernstein, music major and Joe Biden's top economic advisor, in the New York Times
- Paychecks Lag as Profits Soar, and Prices Erode Wage Gains -New York Times
- With Unemployment So Low Why are Wages Stagnant? -Counterpunch
You can see the left has beat this point like a rented mule.
The reality is, now wages are going up, and that can be explained by something entirely foreign to Democrats: Free market economics. Basically, when you have jobs up, which is what President Trump has accomplished through tax cuts and deregulation, you have businesses with more cash to hire people and give them bonuses instead. Instead of sending more money to Obama's many, many bureaucrats, what we see now is money going to workers instead. And with unemployment sliding into the 3% and 4% range, which is what we have now (San Diego, for one, has 3.2% unemployment), it starts getting harder to find workers. What do employers do when they want to find more workers, and when they want to keep the ones they have? They raise wages to compete for workers, and best their competition for the best workers they can find.
That's the knock-on effect (and note that it didn't take long following those tax cuts) that shows the biggest worker paycheck increase since the pre-Obama days.
Sorry, Dems. You've just lost your last talking point. Think workers are going to embrace more of that socialism you're offering them in place of these paycheck raises now? Be prepared for a surprise.
