Per the Bureau of Economic Analysis, Americans experienced a huge jump (WSJ's words) in disposable income and employee compensation.
American workers' paychecks rose 4.5% in 2017 and 5% in 2018 -- $4.4 billion and $87.1 billion MORE than first reported, respectively. "The trend has continued into 2019, with compensation increasing $378 billion or 3.4% in the first six months alone."
By comparison, employee compensation has increased by $150 billion in the first six months of 2019, which is already more than all of 2016.
2016, as the liberals will recall, is supposedly the year when Obama launched the world's greatest economy to such heights that even Trump hasn't been able to screw it up. Did I get my liberal talking point correct in this last paragraph? I think I did. GMAFB
I'd like to think the BEA for this indisputable proof that this roaring economy which is greatly benefiting everyday Americans is Trump's and Trump's alone.
American workers' paychecks rose 4.5% in 2017 and 5% in 2018 -- $4.4 billion and $87.1 billion MORE than first reported, respectively. "The trend has continued into 2019, with compensation increasing $378 billion or 3.4% in the first six months alone."
By comparison, employee compensation has increased by $150 billion in the first six months of 2019, which is already more than all of 2016.
2016, as the liberals will recall, is supposedly the year when Obama launched the world's greatest economy to such heights that even Trump hasn't been able to screw it up. Did I get my liberal talking point correct in this last paragraph? I think I did. GMAFB
I'd like to think the BEA for this indisputable proof that this roaring economy which is greatly benefiting everyday Americans is Trump's and Trump's alone.
