Trucker Shortage: Largest U.S. Trucking Company Projects 20% Wage Increase for Big Rig Drivers….

You might remember when CTH shared the following wage growth estimate:

[…] I’m not going to dismiss the possibility we could see double digit increases in year-over-year wage growth in multiple economic sectors in several regions of the U.S. –link

Trucking Company President Nicholas Hobbs is now saying he projects a twenty percent increase in wages for truck drivers due to extreme demand.  That’s MAGAwinnamins!
Secretary of Transportation Elaine Chao discusses efforts to address the truck driver shortage in America.


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Deregulation in Focus – Interior Secretary Ryan Zinke Discusses Massive U.S. Energy Objectives…

Interior Secretary Ryan Zinke discusses one of the epicenter issues surrounding U.S. economic growth and the importance of energy independence.  Secretary Zinke discusses the objective within reaching a production output of 14 million barrels per day of U.S. Oil and natural gas by 2020.
Energy independence is one of the specific examples of creating another economic pie, as opposed to trying to carve up and distribute existing ones.  Energy is one of our biggest and underappreciated assets.  Think about how GDP growth expands when the economy adds an entire export sector that was previously non-existent.
Secretary of the Interior Ryan Zinke is joined by Southern Ute Indian Tribe Councilman Adam Red to discuss boosting U.S. oil production, drilling on the Ute Indian Tribe’s land, deregulation and reforming regulations such as the Endangered Species Act.


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Small Business Optimism: A Discussion With SBA Administrator Linda McMahon…

Small Business Administrator Linda McMahon and small business owner Mike Kovach on small business optimism, workforce initiatives around vocational training, the skills gap and massive job opportunity, along with the Trump administration’s deregulation push.


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Spending and Deficits: A Discussion With Budget Director Mick Mulvaney…

With the economy expanding, many people have asked about the White House initiatives to tackle the debt and deficit.  Today the White House was fully engaged on that very topic.
Office of Management and Budget Director Mick Mulvaney discusses spending and deficits with Stuart Varney.


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President Trump Meets With U.S. Workers in Oval Office to Discuss Removing Economic Barriers and Red Tape…

Earlier today President Donald Trump welcomed a group of American workers into the Oval Office for a discussion of removing “red tape” and barriers to economic expansion.


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[Transcript] – Oval Office – 11:15 A.M. EDT – THE PRESIDENT: Thank you very much, and welcome to the Oval Office. On Monday, I traveled to Florida and Georgia to meet with first responders and to visit with those affected by the devastation of Hurricane Michael. And yesterday, Mike Pence traveled also to the two states and he saw devastation like he’s never seen before. We’re in the same category. It was something. Something horrible.
Thousands of federal employees and military personnel have been deployed to assist in the massive recovery effort. One of the biggest we’ve ever done, and we’ve had some pretty big hurricanes. This was just about at the top.
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MAGAnomics – Walgreens Announces $150 Million Payroll Wage Increase in FY 2019….

For more than three decades all U.S. economic policy was elevating Wall Street and diminishing Main Street. As a result the middle America blue-collar workers have not had wage gains keeping up with inflation for over 30 years… Then came the era of Trump.

MAGAnomic policy is based around a very simple free-market process.  Increase domestic economic investment; expand new business and expansion in existing business; that expands the need for employment; drive those jobs, jobs, jobs and watch wages rise naturally as employers compete over an increasingly valuable labor pool.

Business Insider – The pharmacy-chain owner Walgreens Boots Alliance announced Thursday that it will make investments of about $150 million to boost mainly its in-store wages in fiscal 2019 in wake of President Donald Trump’s tax reforms.
[…] US retailers are scrambling to keep workers as they look for opportunities with higher pay and attractive benefits. The US unemployment rate fell to a 48-year low of 3.7% in September. According to the Bureau of Labour statistics, there were 757,000 retail-job openings across the United States in July, which is about 100,000 more than a year ago.

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