MicroGroks
February etches another great month for job growth and wages in the Trump economy. The Nation’s unemployment rate dipped back down to a historically low 3.5% while wages grew three percent.
While I appreciate the efforts of Vermont Democrats to drive more job creators and commerce into New Hampshire, I must take issue with blatant economic stupidity when I see it. Pseudo-Republican Gov. Scott has vetoed their minimum wage bill. The Democrat’s response is, well, stupid.
Who is winning in Trump’s economy? In his State of the Union address the President rolled out an eye-catching statistic. He said the wealth held by the poorest half of American households increased three times as fast as the wealth held by the “1%” under his administration. Wealth means net worth. This is true according …
We teased this Wednesday with ADP and Moody’s reporting that January 2020 had the single biggest monthly rise in payrolls since May of 2015. That lead the way for today’s Department of Labor Report. The economy added 225,000 jobs in January and wages are up.
Politicians in states all around New England think they are economic geniuses. They know how much an hour of labor is worth for every job, everywhere? No! They don’t. But that hubris is New Hampshire’s gain as the New Year looms, and they force the cost of labor higher.
Remember about 1000 so-called “scandals” ago? When Trump’s tax cuts and his economy were going to help the rich at the expense of the Middle Class. Guess what?
Yesterday the New Hampshire Department of Employment Security issued its Press Release for August. While Democrats try to override his vetoes today, Governor Sununu can sit back and smile about the jobs picture. Employment looks secured.
We teased this yesterday with data from the ADP National Employment Report. August was an excellent month for workers. Today the Dept of Labor has confirmed that.
The Los Angeles Times can’t bring itself to admit it. But the math adds up. California’s largest recycling business has closed all 284 recycling centers because of…” increased business costs.”
Search ‘Minimum Wage‘ on these pages, and you will find a wealth of information on the issue. Learn about New Hampshire’s unique advantage on the matter. And how its promised expansion is little more than virtue signaling by Democrats whose ideological ancestors invented it to keep people down. Something it continues to do today everywhere it …
Milton Friedman Has a Message for NH Democrats on Poverty and the Minimum Wage Read More »
