Nazi theory indeed specifically denies that such a thing as the truth exists. The implied objective of this line of thought is a nightmare world in which the Leader, or some ruling clique, controls not only the future but the past. If the Leader says of such and such an event, It never happened well, it never happened. If he says that two and two are five well, two and two are five. This prospect frightens me much more than bombs. — George Orwell wrote those words in 1943, in his essay, Looking Back on the Spanish War.
The Economy’s Inequality Dividend – WSJ Wage growth for production-level workers slowed with average hourly wages up 3% over the last year compared to 3.4% in November. Some of this may be monthly statistical noise, and the trend in the last two years has been higher wage growth among lower earners. That’s a contrast to the early years of this expansion when real wages were flat.
The Federal Reserve’s interventions inflated asset values, which helped the affluent but did little for low- and middle-income Americans who don’t own stocks. Enter Donald Trump, whose deregulation and tax reform unleashed a surge of business investment (before his tariff spree) and hiring, which has drawn workers off the sidelines and raised wages.
The comparative data are striking, and mostly ignored by the press. During the first 11 quarters of the Trump Presidency, wages for the bottom 10% of earners over age 25 rose an average 5.9% annually compared to 2.4% during Barack Obama’s second term, according to the latest demographic data from the Bureau of Labor Statistics. Wages for the middle two quartiles increased 3.2% compared to 2.2% and 2.7% between 2012 and 2016. Wage gains for the top 10% have held steady at about 3%.
Less educated workers have also seen the strongest gains. Wages have risen at a 6.1% annual clip for workers over 25 without a high school degree and 3.9% for those with some college—both about three times faster than during the second Obama term. Wage gains have also accelerated though to a lesser degree—to 3.2% from 2.2%—for college grads.
Handicapping The Democrat Losers The first is that he has legacy black Democrat support. He’s the closest to a traditional Democrat, as opposed to one of the faculty lounge snobs that makes up most of the rest of the race. The second is that he has been designated The Democrat Most Likely To Succeed in beating The Donald. It’s unclear why. Sure, some polls say it (though they are shifting in Trump’s direction), but the problem for Joe is that so many liberal media types are wishcasting his victory that they never hit him hard.
Then there’s Chief Spewing Bull. Her own brother recently dissed her for inventing more fake family history. Trump would chew her up, spit her out, and wash the residue into the gutter. Where’s the enthusiasm for a serial fraud who compares poorly to every bitter spinster public elementary school teacher who either demanded you use your inside voice or tried to make her class celebrate Kwanza?
Humphrey, 27, has been a part-time temporary worker at GM’s Flint Assembly in Michigan for the last three years. On Sunday morning, he and about 250 of his co-workers crowded into UAW Local 598’s union hall. Most thought they were there for a routine meeting.
But when the local’s president stepped to the mic, the room listened in awed silence.
“He said, ‘As of tomorrow, you guys are full-time seniority employees of GM,’ ” Humphrey said. “There was a gasp in the room for a few seconds. Some of us thought he misspoke. Then, we had to say, ‘No, we heard him right!’ It was amazing.”