Quote:
Originally Posted by Jim in CT
Cannot fail to be good for the American worker. I know, the current POTUS is a Republican, and also a jerk, so we aren't supposed to say anything good about him...
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It doesn't mean that much unless it actually translates into wage growth. Looks like this statistic has only been tracked for the last 17 years so the historic significance isn't really that impressive. All these stats have pretty much been in a straight line since the recession.
Big items to watch will be the tax cut burn out as the bump fades, healthcare costs are expected to rise dramatically this year which will offset pay or tax benefits for most people and this idiotic trade war talk that has the potential to trigger a global recession.
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