Trump Economy Defies Predictions, Workers Poised for Biggest Paychecks in Years
You won’t need to try very hard to hear negative news coverage of President Donald Trump.
News sites like CNN and MSNBC have almost turned Trump-bashing into a sport.
That’s not to say Trump is completely above reproach. Nobody is.
But much in the same way that Trump should absolutely be criticized when actually warranted, he should be commended when his policies help the everyday, blue-collar Americans that helped him get elected.
With that being said, Trump’s economic policies, despite the constant whining from the far-left, should absolutely be celebrated as a win for working Americans everywhere.
According to the New York Post, citing a Willis Towers Watson Data Services study, workers’ “salaries are about to break out of a decade-long slump.”
Workers across the country will soon be taking home bigger paychecks across the board, thanks in no small part to confidence in the direction the economy is trending.
“Employers tend to pay more when they feel confident about the future,” Murray Gunn, an Elliott Wave International analyst, said. “This survey certainly reflects an ebullient mood among business leaders.”
That’s a simple truth that many far-left socialists conveniently forget when crying about wage gap disparity and Trump’s tax cuts benefiting the wealthy.
While wage gap disparity may be an issue worth delving deeply into, it’s inarguable that poorer employers will not yield more jobs or better paying jobs.
The Willis Towers Watson survey finds that finance and corporate jobs will see an impressive 4.6 percent growth this year.
Non Wall Street-esque workers will still find a tidy 2.7 percent growth this year.
Average pay increases for non-managerial workers will get a 3.0 percent bump this year.
The Willis Towers Watson survey is based on historical, current and next year’s projected salary budget increase percentages.
Various other prominent vocations should also see a solid increase.
Registered nurses have already seen an increase of 4 percent in the last 12 months. Customer service managers enjoyed a 7.4 percent bump. Delivery drivers received a 5.4 percent raise.
Of course, pay raises don’t just happen in a vacuum. While this is still undoubtedly good news for workers across the country, I’d be remiss not to at least mention the effects pay raises have in conjunction with standard inflation.
The Post, citing the Pew Research Center’s Drew DeSilver, notes that even with the upticks across the board, the average US wage still has the same purchasing power as 40 years ago. So yes, people make more, but things are more expensive.
Despite that little caveat, a bustling economy doesn’t start with lowered wages.
Say what you will about Trump, but his economic policies have the country headed in the right direction.
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