https://www.bloomberg.com/news/articles/2018-06-12/u-s-inflation-at-six-year-high-eating-away-at-wage-increases https://www.bloomberg.com/news/articles/2018-06-

https://www.bloomberg.com/news/articles/2018-06-12/u-s-inflation-at-six-year-high-eating-away-at-wage-increases https://www.bloomberg.com/news/articles/2018-06-12/u-s-infla... > A separate Labor Department report on Tuesday illustrated how higher prices are pinching wallets: average hourly wages, adjusted for inflation, were unchanged in May from a year earlier, even as nominal pay accelerated to a 2.7 percent annual gain from 2.6 percent in April. For production and nonsupervisory workers, real average hourly earnings fell 0.1 percent from a year earlier. The article I linked is an impartial example but it is not better. The simple truth is the underlying numbers haven't really improved since the GOP took the reigns. We are in a sideways holding pattern of 0% real wage growth and 2% of the working-age population has stopped looking for work since 2000[1]. The effects of the outgoing administration's economic policy last ~1 year after they leave office since the government doesn't really turn on a dime. The trends, honestly, are the same as they were under Obama and the GOP has done nothing but claim "Well we did it! Everything is fine now" despite the fact nothing of any real substance has changed since they took control of all 3 branches of government. [1] https://fred.stlouisfed.org/series/LNS12300060 https://fred.stlouisfed.org/series/LNS12300060