When wage increases over the last year are combined with this year’s tax rate cuts, American workers are doing far better than they’ve done in years.
Socialist Senator Bernie Sanders says that because wages went up 2.7% in the last 12 months and inflation was up 2.9%, workers fell behind. Without others considerations he would be correct.
According to Andy Pudzer, former CEO and author of “The Capitalist Comeback: The Trump Boom and the Left’s Plot to Stop It,” there are other ways they’ve benefited to the extent that they’re now enjoying take-home pay increases not seen in years.
