Bad news for Democrats--This is not a trickle down economy as people on the low end see biggest gains

Power Line:
We’ve seen already the news of the growing number of companies citing the corporate tax cut as the trigger to give bonuses, raises, and announcements of significant new domestic capital investment, which is ruining the Democrats’ day. Wait till they get a load of this news, from the Wall Street Journal this morning:
Americans with only a high-school diploma are seeing faster earnings growth than their highly educated counterparts, as employers in low-wage industries hungrily search for workers to fill job openings.
In the fourth quarter of 2017, median weekly earnings for workers 25 years and older with only a high-school diploma rose 2.3% from the same period a year earlier, new Labor Department data show. Meanwhile, pay for Americans carrying a bachelor’s degree edged up just 0.8% from the fourth quarter of 2016.
The trend has been ongoing, with year-over-year wage growth for high-school graduates outpacing wage growth for college graduates in each quarter of 2017.
That’s not how it’s supposed to happen! Wages are only supposed to rise if people attend liberal-dominated colleges! This is the worst possible news for Democrats.
Here’s some interesting political survey data to go with it. With all of Trump’s recent controversies, somehow his approval ratings are edging up. From Pew....
... 
Democrats have always said that tax cuts were "trickle down economics" since the Reagan years, but Trump's tax cuts have benefited people at the lower end of wages.  It also demonstrates that the bonuses paid by companies getting corporate tax puts have a much bigger impact on workers that people like Nancy Pelosi have said when she called them "crumbs." 

I doubt they will ever admit they were wrong but workers will be able to tell with their paychecks and their bonuses.

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