Trump Declares Wages Are ‘Too High’
GOP presidential front-runner Donald Trump opened the 4th primetime GOP debate by suggesting that Americans’ wages are “too high” and that it’s part of a problem with the country’s competitiveness.
“Taxes too high, wages too high,” he said, responding to a question about New York state’s decision to raise the minimum wage for certain workers to $15. “We’re not going to be able to compete against the world.”
Trump rejected calls to raise the minimum wage. His rival for pole position in the Republican primary, Ben Carson, agreed.
“I would not raise it specifically because I’m interested in making sure that people are able to enter the job market and take advantage of opportunities,” he said.
Trump later doubled-down on his wage too high stance and also explained it right to the faces of auto workers.
(h/t Politico)
Reality
Is anyone really surprised that a billionaire businessman wants to keep wages low?
According to the Pew Research Center, real wages are not at all high and instead have been stagnant for decades. This means we’ve seen bigger paychecks, but that paycheck goes far less than before when buying stuff.