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S Illinois | “Also, you see we had a budget surplus in June! Last time was Trumps last term. Wow. Also, last term for “T” wages grew faster than inflation. Can’t ever remember that happening in my life. And faster for low wage earners. Hmmm.”
The June budget surplus was completely due to the calendar. June started on a weekend so payments due on June 1 were paid in May. There was a paragraph on that subject in the press release.
Wages routinely outpace inflation. It’s want anything Trump did. It’s just normal. In 2024 wages out paced inflation. | |
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Poolte, Powell, interest rates
