More WINNING!!
#MAGA
“Since the Great Recession, American businesses have been cautious. The hangover of the recession, combined with the federal government’s high tax and increased regulatory response to many policies, put a wet blanket over economic growth, all of which contributed to low wage growth.”
OBAMA destroyed the economy.
This is OBAMA greatest depression. Worse than the great depression.
“But a corner has been turned.
“Businesses are now recognizing that there is a growing fierce competition for labor.
“As the business cycle turns and the recruitment war heats up, workers will be the big winners, whether Washington acts or not.”
“..whether Washington acts or not.”
TRUMP is acting!
TRUMP OPTIMISM!
The economy is starting to react to TRUMPs WINNING.
What an incredibly shallow article.
Unchecked criminal immigration has kept wages low all these years.
Expand the workforce and wages stagnate, plain & simple.
Why do you think the government has done so little to curb illegal immigration?
Because the ‘employer class’ and the ‘political donor class’ stand to remain wealthy if they can keep wages artificially low.
Trump is doing something about it and the establishment is going crazy!
The problem I see with today’s job market is that the requirements and work required to get a STEM degree turns a lot of kids off. So ta lot of them end up with a Liberal Arts degree with not much future in today’s job markets. That plus the facts some companies would rather hire H1B visa holders at around 25% less than the salary of a US degree holder probably turns a lot of them off also.
But the rank and file of the voting public will see and feel this. DJT will benefit enormously next election if he can just hold on that long.
And, the slashed regulations and improved tax policy will contribute even more to economic growth.
A typical HR recruitment exerpt from my field.
“ Aeronautical engineer. Must have PhD in aeronautics. 25 years exeprience in all aspects of launch vehicles, satellites, aviation manufacturing, airfoil cfd analysis, mechanical, stress, and vibration resonance analysis. $45,000 per year with chance for advancement.”
I was a certified structural welder while I went to college (I was one of those fools that took no debt for college). I see the same wages offered today as I was paid nearly 20 years ago. Even engineering wages are the same since I started about 15 years ago. Wages are stuck and stink while the cost of everything has gone way up.
That's all fine and good, but we employers have to be able to raise our depressed prices before we can raise depressed wages.
Kicking the illegals out of the workforce is the key to making that happen. Their presence artificially distorts the natural labor market, which results in depressed wages (and profits).
Are you listening, Mr President?
bump
Well, as this trend becomes more evident throughout the economy, many employers will come screaming to Congress for significant increases in all the various work visa schemes. We have a large pool of unemployed and those who’ve given up looking recruiters need to draw from. And maybe for many of the jobs requiring less formal education, companies should return to the old OJT model that worked well for decades.
We’ll never have a balanced budget and a truly strong nation fiscally until we start reducing that $1 trillion plus now spent annually on means tested poverty programs. We can’t keep piling more onto the national debt forever.
