Treasury Secretary Scott Bessent: Blue Collar Wage Growth Already Happening Under Trump, Just Like in His First Term (VIDEO)
During a recent interview with Miranda Devine, Trump Treasury Secretary Scott Bessent noted that blue collar wages are already rising under Trump. He points out that the last time they were this high was during Trump’s first term.
It’s important to remember that this is only the beginning, as Trump has only been back in office for barely six months. Things are only going to get better as he continues to implement his agenda.
Democrats who were talking about high egg prices five minutes after Trump was sworn in have grown increasingly quiet on economic issues. This is one of the reasons why.
The New York Post reports:
Blue-collar wage growth under Trump sees largest increase in nearly 60 years, Treasury sec reveals on Pod Force One
Blue-collar workers have seen real wage growth of almost two percent in the first five months of President Donald Trump’s second term, the largest increase for any administration in nearly 60 years.
The 1.7% pay bump is in stark contrast to negative growth under Joe Biden, according to new data from the US Department of the Treasury.
Since Richard Nixon in 1969, Trump has been the only president to record positive growth for blue-collar workers in his first five months. He also achieved 1.3% in his first term.
The recovery from a 1.7% decline recorded in Biden’s first five months, as inflation outpaced earnings, suggests a shift in economic conditions for this financially stressed segment of the workforce.
“The only other time it’s been this high was… during President Trump’s first term,” Treasury Secretary Scott Bessent told me on the latest episode of the “Pod Force One” podcast, out Wednesday.
See the video below:
The President's emphasis on manufacturing and immigration has created a boom for blue-collar Americans.
We have seen real wages for hourly, non-supervisory workers rise almost 2% in the first five months.
Again, no president has done that before. pic.twitter.com/j9YnOWXwnn
— Treasury Secretary Scott Bessent (@SecScottBessent) June 18, 2025
Just imagine what things will look like a year from now.
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