Comments by "MrEkzotic" (@MrEkzotic) on "Zelenskyy reacts to Russia comparing him to Hitler" video.
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@cfromkc5096 I don't know where the NYT got its data, but the following is based on data from the BLS, and these figure are already adjusted for inflation:
"Over the past 40 years, the inflation-adjusted growth trend for the U.S. median weekly wage has been $4.05 per quarter. During the first three years of the Trump administration, it was a staggering $6.90 per quarter.* During the Obama years, median wages grew at the anemic rate of $3.20 per quarter.
But what if we cherry pick the last (best) three years of the Obama era? We see growth of $5.08, more than a dollar higher than the historic trend. But that is the lone bright pixel in an otherwise dreary picture. And Trump has bested that by a mile.
The story grows quite interesting when we focus on wage earners in lower brackets. According to data from the U.S. Bureau of Labor Statistics, the 20-year growth trend for the 10th percentile weekly wage was $2.03 per quarter. For Trump’s first three years, wage growth was $4.95.
What about in the Obama era? Even cherry picking Obama’s last three years and ignoring the 2009 recession leaves us with growth of $1.68 per quarter, well below both the historic trend and Trump’s. Table 1 shows striking wage growth under Trump, a reversal of prior patterns, not a continuation, especially in the lowest wage brackets."
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