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Old 01-25-2018, 01:55 PM
 
Location: Boston
20,102 posts, read 9,015,533 times
Reputation: 18759

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why didn't Obama ever create a economic environment that encouraged businesses to give bonuses to employees.

Thankfully we have President Trump to look out for the little guy.
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Old 01-25-2018, 01:57 PM
 
Location: Homeless
17,717 posts, read 13,533,813 times
Reputation: 11994
Quote:
Originally Posted by skeddy View Post
why didn't Obama ever create a economic environment that encouraged businesses to give bonuses to employees.

Thankfully we have President Trump to look out for the little guy.
Yeah because some RICH old fart cares about you.
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Old 01-25-2018, 02:00 PM
 
Location: Sonoran Desert
39,078 posts, read 51,224,761 times
Reputation: 28324
It would be a good thing if it were not borrowed money put on the national credit card to be repaid by millennials and their children.
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Old 01-25-2018, 02:04 PM
 
Location: MO
2,122 posts, read 3,686,272 times
Reputation: 1462
Quote:
Originally Posted by Ponderosa View Post
It would be a good thing if it were not borrowed money put on the national credit card to be repaid by millennials and their children.
So liberals are pro free trade AND debt hawks now? Man I might have to vote Democrat next time around!
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Old 01-25-2018, 02:06 PM
 
Location: Boston
20,102 posts, read 9,015,533 times
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Quote:
Originally Posted by reed067 View Post
Yeah because some RICH old fart cares about you.
I didn't see large corporations giving out bonuses when Obama was President, why not?
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Old 01-25-2018, 02:09 PM
 
Location: Denver CO
24,202 posts, read 19,206,363 times
Reputation: 38267
Quote:
Originally Posted by crone View Post
Thousand bucks if you worked 20 years. Wonder how many people stay at the depot over 2?

A friend took a part time job there. Said it was the worst run place he had ever worked. He lasted 3 months. They didn't even know how to draw up a schedule. Employees didn't know from one day to the next when they were supposed to be at work.
Yep, up to $1000, and the thousand is if you've been there for 20 years.

I haven't seen anything about whether the amounts are also pro-rated based on whether you work full time or part time.
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Old 01-25-2018, 02:14 PM
 
Location: Homeless
17,717 posts, read 13,533,813 times
Reputation: 11994
Quote:
Originally Posted by skeddy View Post
I didn't see large corporations giving out bonuses when Obama was President, why not?


Again bonuses are not a big deal IF these companies really care they will give them a decent enough raise to truly help them. Trump president not Obama. Did you not get the memo?
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Old 01-25-2018, 02:17 PM
 
Location: Alabama
956 posts, read 744,758 times
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At least we are getting something. That Obama dude said I would save $2500 on my health insurance, never saw any of that.
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Old 01-25-2018, 03:42 PM
 
Location: New Orleans, La. USA
6,354 posts, read 3,653,965 times
Reputation: 2522
Quote:
Originally Posted by jackwinkelman View Post
More good news

https://www.cnbc.com/2018/01/25/home...ax-reform.html

From the story:

Home Depot joins a growing list of corporations using new tax benefits to invest in their workers.

I am a libertarian but thanks GOP for doing the right thing despite all the attacks from the left before it passed.
A few questions,

Did Home Depot corporation need more money to build more stores or hire more employees?
Or did Home Depot already have enough money to expand and hire employees before Trumps tax cuts?

And who will get the biggest pay raises from Home Depots lower tax rate, their CEO's or their workers?
And did Home Depots CEO's need pay raises?


Donald Trumps tax cuts for corporations that did not need them, and Trumps pay increases for CEO's who did not need it will do the following,

Add around $2 trillion dollars to our national debt.
Trump and GOP Tax Cut Could Cost Your Kids $2.2 Trillion | Time

Cause cuts to Social Security and Medicare.
Republicans Will Cut Social Security and Medicare After Tax Plan Passes, Says Marco Rubio

Cut around $1 trillion dollars in government assistance to needy Americans.
Trump budget cuts spending by $3.6 trillion over 10 years, with deep cuts to safety net - Chicago Tribune

They will reduce veterans benefits.
https://www.americanprogress.org/iss...ying-veterans/
https://www.rawstory.com/2017/12/tru...-care-of-them/
https://www.military.com/daily-news/...bled-vets.html

They will cause cuts to education.
https://www.npr.org/sections/ed/2017...s-to-education

They will cause cuts to science and medical research.
https://www.washingtonpost.com/news/...=.2ffaa877df8f

ex.ex.


And if the goal was to increase worker wages wouldn't giving workers and middle class Americans tax cuts been better than lowering the corporate tax rate?

Trumps tax cuts raised workers after-tax income by 0.8%, raised middle class income by 1.5%, raised the richest 0.1% of Americans income by 14.2% and lowered the corporate tax rate from 35% to 21%.
https://www.forbes.com/sites/janetno...nalysis-finds/

Is giving the richest Americans and large corporations tax cuts the best way to raise regular Americans income, or would giving regular Americans tax cuts be a better way?

Last edited by chad3; 01-25-2018 at 03:59 PM..
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Old 01-25-2018, 04:25 PM
 
30,160 posts, read 11,789,790 times
Reputation: 18684
Quote:
Originally Posted by skeddy View Post
I didn't see large corporations giving out bonuses when Obama was President, why not?
Because of Obamacare their taxes went up. What Obama and the left does not understand is when you punish American businesses and over tax them it effects the workers of those companies. You reward American businesses and often their workers are rewarded.
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