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Shocking. SHOCKING, I say. The recent tax cuts were touted to generate big raises for American workers. A few companies made some news with one-time payouts, b
by jrjarrett 8y ago
Shocking. SHOCKING, I say.
The recent tax cuts were touted to generate big raises for American workers. A few companies made some news with one-time payouts, but then the rest of that is just being funneled to shareholders.
If a government creates laws that incent shareholder givebacks, you wonder why workers' share of profits aren't increasing?
- bluGill 8y agoThe recent tax cuts will take a few years to filter though the economy to workers - at best. Thus it is incorrect use results to judge any policy until many years have passed. This is the nature of most things that the government does, and why it is really hard to figure out what is best. There are ways to make judgement that are not based on results, but they always subject to their own biases.
- kingnothing 8y agoTrickle down economics doesn't work.
- nv-vn 8y agoYes, but nobody really believes in trickle down economics. The entire name of "trickle down economics" came from people who were against supply-side economics and named it based on their (mis)understanding of the theory. Around half of economists today seem to be on the supply-side side (notably, the Chicago School and the less mainstream Austrian School).
- kimdotcom 8y agoRonnie?
- gbacon 8y agoBecome a shareholder. Save and invest more.
- kolpa 8y agoI will as soon as I get some wages for my work, but unfortunately that's unlikely, per the OP article.
- gbacon 8y agoYou have considerable influence over both your income and your expenses. Update your resume. Ask for references and referrals. Apply for different jobs. Make a budget and stick to it. Pay yourself first. Be patient and give it time.