Average Wages Kept Pace with Inflation: A Breakdown of Kamala’s Brilliant Economic Strategy and Trump’s Failures
Democratic policies have been pivotal in driving wage growth and supporting low-income workers. Through targeted initiatives like the American Rescue Plan, Democrats provided crucial economic relief during the pandemic, stabilizing the economy and empowering workers with increased leverage to negotiate higher wages. Strategic measures, such as enhancing unemployment benefits and expanding child tax credits, fostered a tight labor market that reduced job market frictions and boosted employment rates to record highs. Vice President Kamala Harris’s economic plan builds on these successes, advocating for higher minimum wages, stronger worker protections, and eliminating taxes on tips, ensuring continued prosperity and equity for all Americans.