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ForReal

05/13/19 12:06 PM

#310876 RE: fuagf #310833

To link - ForReal, conix, Consumers create jobs.

It appears your statistical graph only goes to 2014. Look what is happening now.

Wages, Obama Economy's Weakest Link, Now Surging Under Trump

Even as the economy continued its modest recovery in recent years, there was one critical missing element: wages. Despite unemployment declines, wage gains remained tame. Thankfully, that's now coming to an end.

A new survey out by the National Association of Business Economics finds that companies are starting to boost pay for their workers in order to attract and keep productive, skilled employees in a tighter labor market.

That adds to mounting anecdotal evidence of a wave of pay raises, bonuses and new investments by major corporations fueled by the passage of Trump's tax cuts in December — evidence of a surge in economic growth.

https://www.investors.com/politics/editorials/wages-obama-economys-weakest-link-now-surging-under-trump/


Consumer Confidence Jumps Faster Than Expected as U.S. Economy Improves

U.S. consumer confidence rebounded faster than expected in April as the economy improved, a sign that momentum continues to build following the stock market's dive in late 2018.

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The Conference Board's Consumer Confidence Index rose to 129.2 from 124.1 the prior month, according to a press release. Economists surveyed by the data provider FactSet had expected a reading of 126.1.

"Consumers expect the economy to continue growing at a solid pace into the summer months," Lynn Franco, senior director of economic indicators at the Conference Board, said in the press release. "These strong confidence levels should continue to support consumer spending in the near term."

https://www.msn.com/en-us/money/markets/consumer-confidence-jumps-faster-than-expected-as-us-economy-improves/ar-AAAK1z7

Shame on you. Trying to use statistics from Obama presidency to try and make Trump look bad. The economy is booming, wages are going up and consumer confidence is positive.