Soaring Eagle

“Republican National Committee Chairwoman Ronna McDaniel celebrated Bizzarro’s and Batler’s victories.

“Republicans just flipped two Democrat seats in Connecticut!” she said in a tweet. “Democrats have held both for years – one of them for more than a quarter-century. Great news for the state and our party! “

“Mr. Wheeler added to the Republican majority in the state legislature, but the results reenforce a bigger picture.

“The Republican Party under Donald Trump is becoming the party of the working class,” Rich Baris, Director of PPD’s Election Projection Model said.

“Predominantly working, blue collar precincts and districts that have historically supported the Democratic Party, but backed the president in 2016, continue to shift toward the GOP.”

Of the four special election wins for Republicans since November 2018, three were in districts President Trump carried in 2016. But voters remained loyal to their Democratic roots down-ballot.

Now, we are seeing an early 180 from 2017 and 2018, when Democrats flipped seats in special elections for districts the president carried.”

“Hispanic unemployment dropped from 4.9 to 4.3 percent between January and February, following the previous trend of historically low unemployment for the group and in general, which was somewhat broken in January by the temporary increase in furloughed workers due to the partial government shutdown.

Hispanic Americans have enjoyed unemployment below 5 percent in just 17 months of the data stretching back to 1973—16 of those months were in the past two years.”

It is time to ask, what would USA look like if The Trumpster had support from dinosaur media & Dems? How much better would we all be? “Starting in mid-2018, the long-awaited pick-up in wage growth seems to have arrived. In January 2019, wages grew by 3.2% year-over-year, up from the general 2.6-2.8% range wage growth had been hovering from mid-2016 to mid-2018. So where is this acceleration in wage growth coming from, and who is benefitting? The pick-up in wage growth seems to be stemming from low-wage industries. (Low-wage industries include department stores, employment services, and food services and drinking places). “

About time. “The president’s request, unveiled in its entirety on Monday, calls on Congress to kill $435 million in funding for the Corporation for Public Broadcasting (CPB) and $126 million from the NEA. The budget, which will spend $4.7 trillion on mandatory and discretionary programs, would leave just enough money to wind down operations of the CPB and NEA.”

“The Dallas Fed found that AHE heavily over-weighted the earnings of what Rep. Alexandria Ocasio-Cortez (D-N.Y.) calls “tippy-top” earning CEOs.  Eliminating the high-earner over-weighting at the same 440,000 businesses, the BLS reported that earnings growth during Obama’s presidency would have been about zero.

BLS’s reported earnings growth contrasts with the straightforward Census Bureau calculation of wage growth from the Current Population Survey (CPS) that simply surveys wage changes for 60,000 average wage-earning individuals each month.

The Dallas Fed, after comparing the two methodologies, stated:

CPS average individual wage growth is always higher than AHE growth. Most recently, CPS average individual wage growth was 5.0 percent — a full 2.1 percentage points greater than the BLS’ AHE.”