The Economic News Fake News Wont Talk About

President Trump's Policies Continue to Benefit All Americans, Especially the Disadvantaged

Article at the Atlantic draws attention to one of the more Intended consequences of Maganomics:

Wage Growth for Low Income Workers Doubles Wage Growth for High Income Workers....{{file|t=9DBdW_1570323530}}.
Look at the blue line spike in the era of MAGAnomics:{{file|t=uLLMe_1570324325}}.
Yes bitches, President Trump is closing the wealth gap.....{{file|t=CJ9O3_1570327153}}.
This dynamic is directly attached to President Trump's MAGAnomic policy that focuses wage and income benefit directly to Main Street, "production economy"; and reverses the process that was driving benefit to U.S. multinationals on Wall Street, the "service-driven" economy. As noted in The Atlantic:

.[...] According to analysis by Nick Bunker, an economist with the jobs site Indeed, wage growth is currently strongest for workers in low-wage industries, such as clothing stores, supermarkets, amusement parks, and casinos. And earnings are growing most slowly in higher-wage industries, such as medical labs, law firms, and broadcasting and telecom companies. (more)

https://www.theatlantic.com/ideas/archive/2019/10/labor-departments-new-report-isnt-so-gloomy/599491/?utm_campaign=the-atlantic&utm_source=twitter&utm_content=edit-promo&utm_medium=social&utm_term=2019-10-05T10%3A00%3A03..
OVER 1.2M HOUSEHOLDS CLIMBED TO MIDDLE CLASS UNDER TRUMP, CENSUS DATA SHOWS

.[...]New census data released Tuesday shows more than 1.2 million U.S. households climbed into a middle-class income range of at least $50,000 between 2016 and 2018, which is just another piece of evidence that President Trump is delivering on his promises to increase prosperity and grow the economy.

It is also a reason the Dems completely avoided any talk about the economy during their debates. Trump is clearly showing the way to lift all boats with his rising economic tide.

MORE: https://www.theepochtimes.com/over-a-million-households-climbed-to-middle-class-under-trump-census-data-shows_3080021.html.{{file|t=sTPby_1570323685}}.
While there are not technically going to be direct losers in a Main Street economy, there will undoubtedly be some amid the investment class who will be lesser-winners.

The reasoning is really quite simple. There are many people attached to the Wall Street economy who ran-up wealth via the process of de-industrialization of America.

Anyone who gained income through the process of multinational export of investment and jobs, specifically U.S. based multinationals, are naturally going to see negative impact as the reverse takes place.

Multinational investment assets held overseas are precariously positioned, as the Trump's 'America-First' trade policy starts to get teeth. Any U.S. corporation who attempts to fight against the tariff process will find themselves expending a large amount of money while simultaneously losing the 'price' advantage;.... And they will be simultaneously positioned to lose market share to U.S-based, or North American-based, competition.

This is why the USMCA becomes important. Once the USMCA is ratified it gives U.S. multinationals a definitive long-term position, from which they can calculate their costs.

A tenuous supply chain/manufacturing position in China or Asia, with unknown short-term risks to rising production costs, can be reconciled against a North American supply chain and/or manufacturing position that is well defined and predictable.

It is within this policy dynamic where the ultimate MAGAnomic winners and losers will be found. Right now the multinationals are trying to keep prior Asia investments viable; however, the clock is ticking. Those unknown variables have a cost.

"The first loss is the best loss"... and right now President Trump is pressuring U.S. corporations to consider this truism carefully...
Duncy Pelosi traveled to South Carolina for a Democrat Party fundraiser in Greenville on Friday.

But before she made it to her event A MASSIVE TRUMP CROWD lined the streets to greet her.:.{{file|t=C2QrI_1570323824}}.{{file|t=u1Ows_1570324034}}.