bristolboy Posted July 10, 2019 Share Posted July 10, 2019 5 hours ago, mrwebb8825 said: yes it will. By your numbers the "average US worker" got a 20% pay raise while the CEOs got about 3-5% but hey, it's only been 1 yr so maybe these same changes will suddenly flip in the coming yrs. What liberal economists also predicted is that most of the money derived from slashing taxes on corporations would result in the money being used to buy back stocks and increased dividends. That turned out to be true. What conservative economists predicted is that business investment would increase due to the tax cuts. That turned out to be false. Link to comment Share on other sites More sharing options...
expatfromwyoming Posted July 14, 2019 Share Posted July 14, 2019 Trump understands that he has a primary constituency — extreme wealth and corporate power — and that he has to serve its interests or he’s finished.But Trump must also maintain enough of a voting base to stay in power. That requires posturing as the defender of the ordinary guy against hated “elites”. This just a showmans act. Profits are skyrocketing, real wages are barely increasing despite perceived low unemployment, regulations that might limit greed (and help mere people) are being dismantled, and the one legislative achievement — the tax scam — put lots of dollars in the right pockets and created a deficit that can be used as a pretext to undermine benefits. Link to comment Share on other sites More sharing options...
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