Tax cuts = more jobs

Then post the latest data

 

And, so what? The US should remain stuck in the Industrial Age when the world is rushing into the Information Age?

The Industrial Age needed brawn, whilst the Information Age needs brains.

Which means what? It's obvious: We need to be educating our youth* and doing so free, gratis and for nothing ...

*And not only the youngsters, but ANYONE that wants retraining for an upmarket job requiring smarts/talents. It's better to pay for their re-education now than their unemployment or, worse yet, jailing in the future. (More than 60% of all those in a penitentiary today do not have a high-school diploma!)

 

@AFM is deflecting attention from Trump's mediocre performance on issues impacting everyday folks.

 

Waiting for the university trained economist to do it.

 

Why won't you post the latest data ??

https://www.wsj.com/articles/wages-...-decade-as-hiring-jumps-in-october-1541161920

 

And this would be, on top of a pathetic dodge, a complete concession on your part.

 

He did. If you claim to have data that is more current, onus is on you to provide it.

 

See above. Zinn was correct. Objectivity is undesirable.

 

Keep digging.

 

You read the link already ??

 

And your concession is accepted. Thank you.

 

You should know that monthly BLS monthly reports are subject to revision. The Fed, using BLS numbers. is putting out quarterly numbers.



The bottom line is that real wages remain stagnant.

 

Any university trained economist should know that wages lag.

 

That's nonsense. Lags typically refer to unemployment (e.g. workers are first forced to take wage reductions)

 

Another university trained economist who does not understand the wages are a lagging indicator.

https://www.moneycrashers.com/leading-lagging-economic-indicators/

 

Sorry chum, but you've taken a poor url and not understood it. Employment is a bigger lag factor. We see that where, for example, overtime is used (or taken away). Changing wages is a much more straightforward proposition.

 

Wages and income increases occur after the economy changes. Therefore wages and income are a lagging indicator of an economic upturn. Google that. How many links do you find that confirm that.

 

I'm sure every Google you try will fail. Its really not difficult: employment is the lag, wage is the easiest changed.

 

The one I tried turned up hundreds of links.

 

Find me one link that finds wages lag compared to employment. Good luck.

 

Wages and income are a lagging indicator. Find me one link that says it isn’t.

 

Wages "lag" what? You're like a guy with one foot nailed to the floor who tries to walk foreward.

 

Economic change namely the change from the 1% real productivity growth of Obamanomics to the 3% real productivity growth rate of the Trump supply side economic policies.

 

You're making this stuff up or you're repeating what you've been spoon fed.



At no point has productivity grown more than 1.5% annually since Trump was elected.

 

If gdp grows at a real rate of 4% that means that real productivity growth is 3%. A university trained economist should know this.