``[Taking all into account], total real compensation slipped 0.22% from the end of 2016 to September 2019... The nominal data for manufacturing workers hardly support a boom but they do show an increase of 2.22% since Donald Trump took office. The adjusted data, however, make it look more like a bust, with wages plunging 3.88% in the period. And, again, the situation is worse when we add in fringe benefits, which brings the decline to 4.33%.''

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