Stat o’ the day
by digby
I know this is mostly a structural issue but since Trump takes credit for GDP and claims the economy is better than it’s ever been in history, he might as well have this rubbed in his face too:
Real average hourly earnings for all employees decreased 0.2 percent from July 2017 to July 2018. The decline in real average hourly earnings combined with the 0.3-percent increase in the average workweek resulted in a 0.1-percent increase in real average weekly earnings over this 12-month period.
Those tax cuts are going to trickle down any day now …
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