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This goes back 30 years showing a steady decline. Nothing really partisan about this. Even shows a brief jump in 2017 you can credit Trump with if you like. But the problem is bigger than any one president.
The manufacturing jobs (non-management) took a STEEP dive right at about the time of GWB first tax cut....like about 2001. Steep steep downward...millions of lost jobs. This, of course, was helped along by tax and other policies rewarding offshoring, etc.
Obviously the trend is not "Trumps Fault", but for certain he's not big into higher minimum wages. In fact, he has mentioned that it should be lowered and/or done away with.
He's not into universal health care or other things that would make the plight of the McJob workers better.
He's basically an accelerant poured on the fire that was smoldering.
It also represents his MAIN #1 issue....that he was the champion of the "forgotten man" from coal miners to laid off manufacturing workers. This, of course, is not true no matter how you look at it.
Here's the real issue. 45% of Floridians, for example, are not making it....despite working.
If we asked DeSantis or Scott or Trump himself, they would say that the Florida economy is booming and that things are truly amazing.
So that says it all. A reasonable Democrat or Progressive or Independent would take a look at the numbers in Florida and say "Something isn't right here.....people should have to work this hard and be far behind the either ball".
Well you can thank Billy Clinton's admin for turning our economy into a service economy in the name of the rigged trade agreements.
WalMart, that "red state supplier" (at the time) was and is the #1 importer of Chinese goods. Yet I've heard my conservative friends champion that company and their low wage scales MANY a time.
You'll have to explain that one to me. And while you are at it, let me know why Texas and Florida won't raise their minimum wages. I don't see how trade agreements have anything to do with that.
On the positive end, you seem to be in agreement that the economy sucks for many...maybe most! Welcome to sanity!
Blame government.
When you tax 44% of the GDP (aggregate taxes, state, local, and federal), "someone" is going to inflate prices to cover the tax bill.
Imagine what would happen if all taxes on business and labor were abolished.
+ 78% More take home pay. (100%/56%)
- 44% drop in prices, without losing any profit.
{1.78/.56 = 3.18; 318% more buying power}
Sounds GREAT.
But Americans are stoofid to think that "freebies" from government won't cost them four times as much in the long run.
Last edited by jetgraphics; 11-27-2019 at 12:14 PM..
Lol, so when you can't lie how good the economy is, invent something else because you can't have the public know the truth... Just because you are born doesn't entitle you to a high-paying job... High-paying are for those who qualify and most don't qualify.... When jobs expand, the low-paying also expands the fastest, DUH much?
Lol, so when you can't lie how good the economy is, invent something else because you can't have the public know the truth... Just because you are born doesn't entitle you to a high-paying job... High-paying are for those who qualify and most don't qualify.... When jobs expand, the low-paying also expands the fastest, DUH much?
You realize you sound like an Obama supporter when Trump was campaigning right?
Lol, so when you can't lie how good the economy is, invent something else because you can't have the public know the truth... Just because you are born doesn't entitle you to a high-paying job... High-paying are for those who qualify and most don't qualify.... When jobs expand, the low-paying also expands the fastest, DUH much?
This thread isn't about high paying jobs, it's about the relative quality of jobs compared to past decades. Red herring much?
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