Income Equality

A short piece about billionaire real estate developer Jeff Greene‘s view of the current state of our economy had this:

A progressive Democrat, Greene explained that former President Donald Trump failed to support the working class by increasing wages and establishing income equality….

This is a typical Progressive-Democrat distortion of the facts. With unemployment rates falling to historic lows and Americans reentering the labor force (reversing a years-long trend), income equality actually increased markedly during the Trump administration. The lowest income earners got more hours and some pay increases, and those without jobs got jobs, increasing their income sharply from zero. In the meantime, the highest paid saw very little increase in their income. The rich stayed rich, and the poor got much less so.

If the real estate developer didn’t see this, it’s only because, in his own bubble, he continued to not pay his employees adequately or to push his contractors to pay their tradesmen adequately or to hire more.

Leave a Reply

Your email address will not be published. Required fields are marked *