Throughout a current interview with Miranda Devine, Trump Treasury Secretary Scott Bessent famous that blue collar wages are already rising beneath Trump. He factors out that the final time they have been this excessive was throughout Trump’s first time period.
It’s necessary to do not forget that that is solely the start, as trump has solely been again in workplace for barely six months. Issues are solely going to get higher as he continues to implement his agenda.
Democrats who have been speaking about excessive egg costs 5 minutes after Trump was sworn in have grown more and more quiet on financial points. This is likely one of the the explanation why.
The New York Post reviews:
Blue-collar wage development beneath Trump sees largest improve in almost 60 years, Treasury sec reveals on Pod Pressure One
Blue-collar employees have seen actual wage development of just about two p.c within the first 5 months of President Donald Trump’s second time period, the biggest improve for any administration in almost 60 years.
The 1.7% pay bump is in stark distinction to detrimental development beneath Joe Biden, in accordance with new knowledge from the US Division of the Treasury.
Since Richard Nixon in 1969, Trump has been the one president to report constructive development for blue-collar employees in his first 5 months. He additionally achieved 1.3% in his first time period.
The restoration from a 1.7% decline recorded in Biden’s first 5 months, as inflation outpaced earnings, suggests a shift in financial circumstances for this financially burdened section of the workforce.
“The one different time it’s been this excessive was… throughout President Trump’s first time period,” Treasury Secretary Scott Bessent instructed me on the newest episode of the “Pod Pressure One” podcast, out Wednesday.
See the video under:
The President’s emphasis on manufacturing and immigration has created a growth for blue-collar People.
We’ve got seen actual wages for hourly, non-supervisory employees rise nearly 2% within the first 5 months.
Once more, no president has accomplished that earlier than. pic.twitter.com/j9YnOWXwnn
— Treasury Secretary Scott Bessent (@SecScottBessent) June 18, 2025
Simply think about what issues will appear like a 12 months from now.
