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shmerl
> The president wants his own people there so that, when we see the numbers, they’re more transparent and more reliable

He wants people there to be his version of Minitrue, providing the numbers he wants to see, not the real ones:

Reporting unworkers doubleplusun-good, rewrite fullwise upsub antefiling.

fluxkernel
Poorest workers are hit hardest by pretty much anything related to money.
hellgas00
"people earning roughly less than $806 a week — slowed to an annual rate of 3.7 per cent in June, down from a peak of 7.5 per cent in late 2022"

With inflation dropping from 9.1% in June 2022 to 2.7% in June 2025, real wages for these low earners are now growing for the first time in years. The Financial Times failure to mention this context makes me question their motives.

deadbabe
There is just no advantage to being poor in America.
user9999999999
the min wage is long overdue, its should be somewhere near $25/hr this is how you 'tax' billionaires
yalogin
What slowing wage growth? For the poorest the wages have essentially not increased for a long time right? It hasn’t even kept up with inflation. The recent bill actually makes it much worse.
rr808
> Pay for the top 25 per cent of workers is up by 4.7 per cent in the year to June

Wait what? Anyone here getting 4.7% pay rises?

1vuio0pswjnm7
Works if/when archive.today is blocked

No Javascript required

    x=https://www.ft.com/content/cfb77a53-fef8-4382-b102-c217e0aa4b25
    echo url=$x|curl -K/dev/stdin -A "Mozilla/5.0 (Java) outbrain" > 1.htm
    firefox ./1.htm
einrealist
That's the myth of Trickle-down economics in action.
PeterStuer
Welcome to modern slavery. You wanted rights and strive for legal orgnization to improve your working conditions and pay? So we'll replace you with people that have no rights, have ruthless gangs supply and control them, and maybe, we will get you some handouts if you do not upset the new applecart.
potato3732842
The prevailing HN wisdom from, IDK 2010 or before, to 2020something was that inflation was good for the poors because their debt went away (laughable when considering interest rates on a lot of that debt but still).

Where are those people now? Why are they not all over these comments posting links rebutting the article?

Or if they no longer exist what made them change their minds?

thuridas
The tax cuts for the rich will also probably mean that a lot of this money is going to buy real state as an investment rising the house prices.
jmpman
Isn’t this fundamental down to landlords being able to extract all excess pay from the lowest paid workers? Minimum wage increases, simply get passed on to the landlord on higher rents.
RickJWagner
This article ignores the delta between wage growth and inflation.

Yes, wage growth was higher in 2022. But inflation was raging then. Today’s environment is actually better for low wage earners ( but far from ideal ).

more_corn
And the higher prices caused by tariffs which amount to a tax on imported goods. The things everyone buys are more expensive due to the president’s antics. And doing business is more expensive so businesses can’t afford to spend it on hiring and wage growth.