Trump Says ‘Wages UP!’ as CEOs Compete for Workers

breitbart ^ | 2 Nov 2018 | Neil Munro

[Pollard]

President Donald Trump cheered the rising wages being delivered to Americans by his combination of a high-pressure economy and his “Hire American!” policy.

He Tweeted Friday morning:

Wow! The U.S. added 250,000 Jobs in October … Unemployment at 3.7%. Wages UP! These are incredible numbers. Keep it going, Vote Republican!

The good news came in the scheduled agency report about the October economy. Breitbart News reported:

Wage growth, long considered the ‘missing ingredient’ to the economic expansion, has finally returned. Average hourly earnings climbed by five cents an hour for the month, or 83 cents year-over-year. That represents a 3.1 percent gain, the first time wages have grown more than 3 percent year-over-year.

[Pollard]

The article goes on with quotes from the MSM which I'm sure they were reluctant to even have to publish.

[ThePatriotsFlag]

Wage growth is great for most Americans...but those of us retired and on fixed incomes will find it difficult economically as wages and then prices increase. Any increase in wages is an automaticity equal decrease in retirement wages.

[palmer]

As I work in my 50's I don't get very much in the way of raises. Of course my income is more than enough for living expenses. I have to buy lots of gas, tires and oil changes due to a long commute but that cuts living expenses. I try to avoid spending when I don't need to.

What the great economy means for me is I probably won't get laid off. But I also recognize the potential of inflation and I accumulate some inflation-proof assets.

[DownForDCount]

Not enthusiastic. Frankly a few price freezes on such luxuries as RENT would be far more beneficial than whatever paltry wage increases our pointy-haired benefactors might deign to let “trickle down” to us.

[Eisenhower Republican]

I see the shills from the DUmpster have dropped by.

Thank you President Trump for MAGA!