GOP Offers American Workers a Raw Deal
He may want to hold that thought.
Six months following the passage of the GOP Tax Scam for the rich, the President and his Administration continue to falsely celebrate their tax bill that ransacked the future of our children to hand massive handouts to big corporations and the wealthiest few.
And instead of pushing policies to strengthen the economy and help the ‘forgotten men and women' President Trump promised to fight for, Republicans are giving American workers a raw deal:
St. Louis Post-Dispatch Editorial
New statistics indicate that President Donald Trump's broadest base of support — the working class that keeps him from utterly cratering — is getting very little bang for the buck from the Trump economy. This despite a tax-cut package signed in December and sold as a way to spread prosperity to working families.
The Bureau of Labor Statistics' latest real earnings report indicates that hourly wages for production and nonsupervisory workers — the 82 percent of the private sector workforce often called blue-collar workers — are down compared to a year ago. They're also down compared to January 2017.
Wall Street Journal: Trade Fight Threatens Farm Belt Businesses
The U.S. Farm Belt helped deliver Donald Trump to the White House, drawn to his promises to revive rural America and deregulate industry. Now, the president's global trade offensive is threatening the livelihoods of many farmers.
Mounting trade disputes, spurred by U.S. threats to withdraw from the North American Free Trade Agreement and tariffs on billions of dollars' worth of goods from key trading partners, have cut U.S. agricultural exports and sent commodity prices tumbling. Many farmers, who depend on shipments overseas for one-fifth of the goods they produce, say they are anxious, especially because they are already expecting bumper harvests or grappling with a dairy glut.
TIME: Here's How Many Jobs America Could Lose Because of the Trump Tariffs
President Donald Trump has argued that increased tariffs on goods imported from overseas are necessary for national security, and for the sake of boosting American business interests and the economy in general. But the fallout of the Trump tariffs may include job losses for hundreds of thousands of American workers.
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A wide range of analysts and studies shows that the Trump tariffs are likely to kill the jobs of many more American workers, either because protectionist trade policies push companies to shift jobs overseas or because companies are forced to eliminate jobs entirely after finding they can no longer compete in the global marketplace.
The tax cuts championed by President Trump are helping push the nation toward an unprecedented level of debt, heightening the risk of another financial crisis, according to the nonpartisan Congressional Budget Office.
The budget office's annual look at the government's long-term financial outlook paints a grim picture, projecting soaring deficits in the coming years, with debt ultimately peaking at more than 152% of the nation's gross domestic product.
The American people are confronted with a GOP Congress and Administration that has taken every opportunity to stack the deck for the wealthy and well-connected against hard-working American families and seniors.
Democrats are fighting for A Better Deal: Better Jobs, Better Wages, and a Better Future for everyone.