Trump's economy starting to crush the working poor [View all]
https://www.woodtv.com/news/nexstar-media-wire/wage-growth-is-sinking-for-poorest-workers/
Thats a sharp reversal from the post pandemic recovery era, when the lowest paid workers were seeing the fastest wage growth, something economists termed wage compression.
The trend of wage compression has inverted almost entirely. The poorest workers are now seeing the slowest levels of wage growth while the highest earners are seeing the fastest.
People were too busy covering inflation to notice that Biden's economy delivered the biggest wage growth for the bottom 20% and bottom 50% in generations. The working poor actually saw bigger gains in wage growth than the top 10% under Biden.
Well that's over now. Buckle up working people, they're coming for all of it and all of it at once. Your wages, your health care, your retirements, and you savings, the rich want it all. Trump thinks working people got too fat and happy and he's going to ensure they're terrified to the point they'll work for food.