Economics
Americans Are Making Less Money Despite Trump’s Promises
- Midterm risk for GOP as inflation erodes meager pay increases
- Majority of Americans believe their finances haven’t improved
Photographer: Atisha Paulson/Bloomberg
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President Donald Trump heads into a midterm referendum on his presidency showing no real progress on a core promise: to raise the wages of America’s “forgotten man and woman.”
Once the impact of inflation is included, ordinary Americans’ hourly earnings are lower than they were a year ago.