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Re: MArch Jobs report
Posted by MikeC/TX of TX on 4/6/19 6:45pm Msg #72402
How have the bogus "middle-class" tax cuts and deregulation led to job growth?

The idea was that those tax cuts would lead corporations to increase investment, which would lead to more jobs. That never happened - the corporations used the money to buy back stock and increase the share price, and shared some of it with their investors in the form of dividends. Some employees got one-time bonuses. Few if any got pay raises. There was no increase in investment and no resulting job growth. Wage growth is keeping pace with inflation primarily because the minimum wage is being raised in many states; that has nothing to do with tax cuts and is actually a form of regulation - deregulation in that arena would mean eliminating a minimum wage altogether. Do you see anybody doing that?

Once again, it's been shown that the Republican concept of trickle-down economics simply doesn't work - Reagan tried it, Bush tried, and now Trump tried it. All have failed.

So please explain to me how and why YOU think that deregulation and tax cuts have increased job growth, given that there is zero evidence to support that belief.

The reality is that we've had YEARS of increasing job numbers since the last recession. NOTHING Trump has done has changed that glide path. Despite his claims, he didn't inherit an economy in tatters and turn it around - the country was already moving in that direction and chugging along well before he showed up. In fact, if you check the historical numbers, the job growth under his watch - especially last month - is lower than it was under the last administration. An inconvenient MAGA fact that you can easily verify for yourself.

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Messages in this Thread
 Winning! - anotaryinva on 3/25/19 7:04pm
 Re: Winning! - bagger on 3/26/19 5:46am
 Re: Winning! - MikeC/TX on 3/27/19 6:49pm
 Re: Winning! - bagger on 3/28/19 7:31am
 Re: Winning! - Howard Bleiwas on 3/29/19 12:34pm
 Re: Winning! - bagger on 3/29/19 2:20pm
 Re: Winning! - bagger on 3/29/19 2:28pm
 Well said - MikeC/TX on 3/31/19 12:48am
 Re: Winning! - MikeC/TX on 3/31/19 12:25am
 ACA - Luckydog on 4/1/19 10:55am
 Re: ACA -  janCA on 4/1/19 1:20pm
 Re: ACA - Luckydog on 4/2/19 2:06pm
 Re: ACA - bagger on 4/2/19 4:34pm
 Re: ACA - Luckydog on 4/2/19 5:02pm
 It just got better. - bagger on 3/27/19 7:15am
 More good news - bagger on 3/28/19 9:29am
 Re: More good news - MikeC/TX on 3/31/19 12:54am
 Another day, another win - bagger on 3/30/19 7:51am
 Re: Another day, another win - Luckydog on 4/2/19 2:08pm
 MArch Jobs report - bagger on 4/5/19 3:30pm
 Re: MArch Jobs report - MikeC/TX on 4/6/19 6:45pm
 Re: MArch Jobs report - bagger on 4/8/19 8:08am
 Re: MArch Jobs report - MikeC/TX on 4/9/19 7:47pm
 Re: MArch Jobs report - bagger on 4/10/19 8:10am
 My refusal to call that use of crap by his nam - bagger on 4/10/19 2:15pm
 Re: My refusal to call that use of crap by his nam - MikeC/TX on 4/14/19 7:19pm
 Re: My refusal to call that use of crap by his nam - bagger on 4/15/19 7:05am
 The NEW repeat NEW wall - bagger on 4/8/19 8:38am
 Re: The NEW repeat NEW wall - MikeC/TX on 4/14/19 7:40pm
 Re: The NEW repeat NEW wall - bagger on 4/15/19 7:01am
 Re: The NEW repeat NEW wall - MikeC/TX on 4/30/19 6:51pm



 
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