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Absolutely nothing you typed in that reply addressed the fallacy that tax cuts lead to job growth.
As I also said, (and you obviously ignored the rest of my post), job growth isn't simple. The fact that you point to your argument of the tax cut fallacy theory indicates that you are focused on one issue, or that you are taking a jab at Trump policy. Which is it? You can find all of the economists that you want to support your post, and I could find all kinds of economists that will refute that with facts.
"The boost to wage growth, if sustained, is truly good news," said Bankrate.com senior economic analyst Mark Hamrick in a report. "We know that there have been sectors and localities faring better than the norm, but [the September jobs report] suggests that wage growth is spreading, finally."
I for one want American's lives to be uplifted through job growth, wage growth, etc, and I am hopeful that this President will work hard to achieve that. I hope you want the same.
Maybe you like reading comprehension. At no point, has anyone said the layoffs are related to the tax cuts. We are stating the trickle-down doesn’t work. Companies hire and fire as they have need, not because they have extra money in their coffers.
Once again, who advocated trickle down? Not the Laffer Curve, not supply side economics, not anyone promoting tax cuts as a method to stimulate overall economic growth...so who?
All supply side, lower tax burden economics claims is that lower taxes (along with less intrusive regulatory environment, which Trump has already been better at that any President since Coolidge) after a prolonged period of low-to-no growth should and most often does result in an increase in overall economic growth, and that on average, everyone benefits from a growing economy.
But nobody sells "trickle down" theory because the theory itself doesn't actually exist outside Democrat political rhetoric.
Obama increased the debt far more than all other Presidents COMBINED, and NOW you're worried about increased debt? That seems very hypocritical. What has Trump done to increase the debt, and don't say the tax cuts as they will grow the economy, and increase tax revenue.
Presidents do not have the ability to increase debt. Congress has the power of the purse.
BS. Jobs were being added monthly for years now. The economy rebounded and was booming under Obama.
Ironic...2017 saw LESS jobs added than just 2016 (and even 2015 I think).
It's a company restructuring, they are moving to fewer sites and rationalising production, they also may invest in more automation etc.
If you can make the same product more cheaply using less manpower then you are going to in order to become more competitive, it's simple economics, especially when faced with increasing discount brands and discount supermarket offers.
Maybe you like reading comprehension. At no point, has anyone said the layoffs are related to the tax cuts. We are stating the trickle-down doesn’t work. Companies hire and fire as they have need, not because they have extra money in their coffers.
LOL. sure that's what you are saying. and you are utterly and completely wrong.
in case you missed it, as a direct result of the tax bill, Apple just announced 350BILLION Dollars being repatriated, hiring of 20k more people and building a new headquarters.
Starbucks just announced pay raises and expanded benefits.
This tread is ABOUT layoffs and that being PROOF that the tax cuts don't do anything. you need to comprehend your own argument.
bottom line, the tax cuts have already started to work toward expanding wealth among the middle class. I am saddened that you are mad about that.
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