I've long advocated raising the minimum wage to $50,000 per hour and making everyone rich; this is a good start towards that goal

The new UPS contract with drivers will pay them $170,000 per year

I was shocked to learn that UPS drivers are already paid $145,000, so perhaps this doesn’t matter all that much, but … gee.

The HOTAIR writer adds this commentary:

Now. For this Biden tongue bath of a Fortune article. This thing is a disgrace and nowhere does it say “op-ed.”

Don’t read any of this if you’ve just eaten.

…While not everyone is winning as much as these UPS workers, this represents a symbolic triumph for unions, the middle class and the labor-friendly White House … as it’s a testament to collective efforts to boost the middle class for the first time in a generation—or two. The public has noticed—jobs site Indeed reported a 50% surge in searches for “UPS” or “United Parcel Service” within a week of the new contract, Bloomberg reported.

Biden’s famous adoration of ice cream has really only been paralleled or eclipsed by his love for this middle class. His campaign premise to revive the average American quickly led to a new word: Bidenomics, a portmanteau (much like Obamanomics, Reaganomics before, or Hobama as of late), that refers to, in Biden’s own words: “building an economy from the middle out and the bottom up, not the top down.”

OMG the gooey treacle.

…Now it’s Biden’s turn at the wheel, and drivers are getting paid famously. Rather than building from the top down, Joe’s strategy of bottom up and middle out, which can be seen in his push to invest in manufacturing jobs and record-breaking wage growth for those in historically lower-compensated positions….

…But there is reason to believe in a turning of the tide. The hottest summer in 100,000 years has also been named the summer of strikes, as multiple unions in the entertainment world have joined the fight for better wages (and A.I. regulations). Next up could be a historic triple strike in Detroit as the United Auto Workers, a historic union that has brand-new leadership after a series of scandals, is determined to win a new contract from the Big Three automakers..

All she needs is a cocktail and a cigarette after that steamy load of hooey.

This is financial “journalisming”?