I Am Interested In Politics
[b][center][big]Democrats Claim to want to Help the Poor...Tax the Rich.[/big][/center][/b]
Drive a wedge between the rich and the middle class.
I saw this article and had to share.
[i]For the first time in years, pay for lowest-income Americans is rising faster than for other groups.
Weekly pay for earners at the lowest 10th percentile of the wage scale rose at a faster rate last quarter, from a year earlier, than any other group measured by the Labor Department—including those at the top of the income scales who earn five times as much.
The shift for low-income workers—including restaurant workers and retail cashiers—who make about $10.75 an hour, is a sign that a tightening labor market is delivering better pay to workers who largely haven’t shared in gains since the recession ended eight years ago, according to economists and government data. Last quarter marked the first time since late 2010 that this earning group’s gains outpaced all others[/i].
WSJ
BTW for those of you who will say that obama's policies are just taking effect, keep this in mind. When Ronald Reagan took office after Jimmy carter, Mortgage rates up to 20%, Unemployment and inflation at record levels...it took Reagan only two years to turn things around. obama's policies stifled growth on small business
The stock market is showing faith in our President, and despite all the naysayers, we will "Repeal and Replace" obamacare and simplify the tax code.
For those of you that would like to read the entire article here is the link
https://www.wsj.com/articles/low-income-earners-see-weekly-pay-gain-faster-than-other-groups-1500543003?mod=nwsrl_u_s_news
My apologies for not doing it the first time.
Drive a wedge between the rich and the middle class.
I saw this article and had to share.
[i]For the first time in years, pay for lowest-income Americans is rising faster than for other groups.
Weekly pay for earners at the lowest 10th percentile of the wage scale rose at a faster rate last quarter, from a year earlier, than any other group measured by the Labor Department—including those at the top of the income scales who earn five times as much.
The shift for low-income workers—including restaurant workers and retail cashiers—who make about $10.75 an hour, is a sign that a tightening labor market is delivering better pay to workers who largely haven’t shared in gains since the recession ended eight years ago, according to economists and government data. Last quarter marked the first time since late 2010 that this earning group’s gains outpaced all others[/i].
WSJ
BTW for those of you who will say that obama's policies are just taking effect, keep this in mind. When Ronald Reagan took office after Jimmy carter, Mortgage rates up to 20%, Unemployment and inflation at record levels...it took Reagan only two years to turn things around. obama's policies stifled growth on small business
The stock market is showing faith in our President, and despite all the naysayers, we will "Repeal and Replace" obamacare and simplify the tax code.
For those of you that would like to read the entire article here is the link
https://www.wsj.com/articles/low-income-earners-see-weekly-pay-gain-faster-than-other-groups-1500543003?mod=nwsrl_u_s_news
My apologies for not doing it the first time.
