2 ms·
Okay, you claim that companies will use cash to hire new employees. Well, let's look at a real case. The recent bolus of cash from the tax bill: how much of tha
by WhompingWindows 9y ago
Okay, you claim that companies will use cash to hire new employees. Well, let's look at a real case. The recent bolus of cash from the tax bill: how much of that went for new hiring, vs paybacks to stock holders or bonuses/raises for CEOs? I'm not an economist but my understanding is that it is a mixed report, many of the companies have NOT helped their workers, though a few have. Relative to the long-term debt-busting nature of the recent bill, it seems this is not a fair recompense for the pain that will come in the 5-year time frame, when middle-class tax cuts evaporate and we're left with just the tax cuts for the wealthy and corporations, yet no budget balancing.