Wages vs GDP Growth
- Frans Minnaar

- Apr 8
- 3 min read
When the GDP growth figures for the United States in respect of the 3rd quarter of 2025 were published, a big issue was made by Republicans about the success of Trump’s economic policies, including his tariff initiatives. This growth rates were 4,3%; far exceeding even the most optimistic forecasts.
The counter-response from the Left, and specifically Europe, was that the real state of an economy must be measured not in terms of GDP growth, but in terms of wage growth. This was, most likely, because economic growth in the EU for the same period was sonly 0,3%.


