Trump is in the WHITE HOUSE
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The labor market has strengths & that's great. Check out trend in # of jobs (graph). Economy's job growth under POTUS continues as it was before. The administration wants to con us into giving it credit for long-term trends it inherited. Will u fall for it?
#NoFoolpic.twitter.com/qxyV0eMk5O
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Same story with unemployment. Nothing special recently except more time passing. It's low & that's great but be clear about how we got here.pic.twitter.com/sPwEnYEmNm
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And the U.S. population is at a record high, so the # of people working is not that meaningful. It's better to look at the employment to population ratio, the share of population working. Again, steady improvement for years. Not a record high.pic.twitter.com/RNVmJh75YN
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Some real talk. Average hourly earnings grew 2.7% over the year (blue line). Prices rose 2.9% (red). Working families' earnings don't buy any more now than a year ago. Real wage growth (blue-red) has collapsed to nothing.pic.twitter.com/NdQ42m5nfu
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In contrast, large companies report their owners' profits grew 23.5%, paid in part by tax law's corporate rate cut that added another $1.5 trillion to public debt over next decade & more after.https://www.wsj.com/articles/profits-surge-at-big-u-s-firms-1533489995 …
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Liar. It was Uber and Lyft who added millions of jobs lol
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Great Job Trump Administration. Keep up the work.
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