Trumpery economy: Real Wage Growth Is Actually Falling

Donald Trump is the biggest moron that has occupied the office of POTUS.

Everything he has done to the economy has been wrong and is for his personal benefit.

A big bubble is developing that will burst and cause a recession. The stock market is overpriced. Property prices have risen unrealistically based on cheap money.

It is evident that real wage growth is actually falling since 2017. The job growth numbers are bogus and are barely keeping up with 100,000 monthly workforce growth.

This is the USA's first bogus economy with an economic engine fueled by Trumpery and lies.

https://www.forbes.com/sites/patric...wage-growth-is-actually-falling/#31603c027284

 

Oh yeah, things are so bad, we must be in a depression. Look at all the soup lines and the millions and millions of the poor unemployed. The crash of the Stock Market has wiped out us all. Woe is me.

 

Given that wage growth was negative through out Obama years...

 

Lets make sure you said what you wanted to say. According to what you just wrote, real wages are increasing, but they are increasing at a slower rate than they were in 2017.

 

So.....tired of winning huh?

Trump warned us about this.

 

Soup lines?
Is that some new measurement of wage growth?

 

What has Trump done economically? Except be a pro business president, just imagine if the feds where still pumping in 80 billion a month.

 

Homeless all over the country growing by leaps and bounds many of them vets,we just surpassed $14 TRILLION in consumer debt the most ever,we have the highest number of working age Americans not participating in the workforce of any industrialized country.

 

Dont worry . Your impeaching him . Remember?

 

The labor participation rate has increased from 62.9% in Jan 2017 to 63.3% in Oct 2019. That is an addition of roughly 650,000 to the labor force.

 

CPI was 2.8% for all items back in July 2018, it's currently at 1.7%

Consumer Price Index increased 1.7 percent for year ending September 2019

 

I'm sure Trump-haters like Denizen can find some bad news in that as well.

 

I heard from a guy, who heard from a guy, who heard from a guy, who thinks Trump tied a quid pro quo to Ukraine aid, sooooo.... that makes it fact based evidence, right?

 

More Americans are in the workforce than ever in history, square that.

 

That exemplifies the problem. The workforce has been growing at population growth rate 0.6% which rounds to around 100,000 per month or 2.4 million over 2 years add 650,000 and convert to monthly that is ~ 127,000. That is higher than the average monthly job creation count which means that Trump is barely keeping up with job demand, not growing it.

Donald Trump has done nothing for jobs.

Real wage growth is falling since Trump election.

Donald Trump is a fraud.

 

2019 is also the highest number year than has ever been. Thank you Donald Trump.

 

Cute, you think the President creates jobs.

 

According to YOUR graph, it is about .4% higher now than when Obama left office.

 

Keen sense of the obvious! I'll take 2019 over 2015, wont you?

If nearly 40% of Americans aren't working, what are they doing ...

https://qz.com › if-nearly-40-of-americans-arent-working-what-are-they-d...
Oct 13, 2015 - The most recent US jobs numbers masked a dark story. ... The low labor-force participation rate got Fed watchers talking that maybe an ... Some of the decline results from the fact that the population is older, which means ... But lots of working age Americans, aged 16 to 64, aren't in the labor force either.
Missing: industrialized ‎| ‎Must include: ‎industrialized

 

If you look at the NATIONAL DEBT CLOCK REAL TIME, available online, you will find there were as MANY WORKING BACK IN THE YEAR 2000 when we had far fewer people.

 

If he magically cured cancer, they would blame him for unemployment of cancer Docs.

 

Link?

 

Sometimes the data is hard to find, but generally, the over 55 labor participation rate has gone up. It is a common misconception that the labor participation rate is declining because the population is getting older or because the baby boomers are retiring.

 

No, that would be the President who presided over the creation of the Federal Reserve and the president who removed the United States Dollar from being backed by Gold. Combine those two events along with the Congress who dumped the Organic Constitution in 1871 and you have the source and origin of most of our problems today from the Governmental standpoint. The rest is on us for things like, not knowing in fact that there were two (2) United States Constitutions and that we are technically and legally a "CORPORATION" today.

Little things like this matter. Little things like World History matter. Just say'n.

BTW - Real Wages have been falling and/or not keeping up for the past 40 years. That's 4 decades ago and it was all but guaranteed with Nixon's decision to remove the USD from Gold and the permanent creation of continually eroded fiat paper coupled to the perpetual creation of debt underlying that fiat paper. In a Monetary System such as that, real wages along with real individual wealth are a real myth. A real Unicorn. It matters not who the president is at any given time. As long as we maintain a broken system of paying debt with debt, there is no real solution for a dying wage. Debt begets more debt until you are drowning in imminent bankruptcy.

We have only been able to 'survive' this because the USD has been used world wide (primarily) as the Petrodollar. If the CNY becomes negotiable for this purpose, you can say goodbye to not only "real wages" but just about any wages at all here in the United States because our Monetary Goose will be fully cooked. The fallout would be the equivalent of the Dark Ages here in the United States. Yes, it will be that bad. China, is in the proverbial catbird seat right now Economically and eventually Monetarily. It is only a matter of time before that bomb goes off in our economy.

We have made some really bad strategic decisions over the decades and because of those decisions we are now hanging by a Monetary Thread.

 

Just key in NATIONAL DEBT CLOCK and you'll wind up with the full constantly updating clock displayed look on the right side of the display and you'll see the current number employed and below it the number employed in the year 2000.tells you how many were out of the workforce now and how many in the year 2000.