You might not have seen it yet, but the May jobs report was a home run. Unemployment is down. Underemployment is down. Wages are up. Labor force participation is up. Better yet, many of these numbers are hitting 20-year, 50-year and all-time highs. It’s a good time to be a working American.
At this point, there’s no question that Trump and GOP policies are responsible for the dramatic economic shift we’ve seen since Obama finally left. But, we often have to wonder how much impact each policy has. Well, when it comes to wages, there is no question. Dozens of massive employers across the country immediately raised wages and doled out massive bonuses as soon as the tax cuts were approved. Since then, a wave of income boosts has followed.
It’s fun to see such immediate proof of who has been right and who has been wrong about economic and wage policy over the years. While leftist local governments struggle to find funds to increase minimum wages, conservative policy has empowered major employees to take care of things on their own. Chalk up another win for capitalism!
In this video, you can see the latest company to join the bandwagon. It’ll show you the depth of the wage hikes, and it’ll help you tally just how much good the tax cuts have already done. In six months. Enjoy.