Quote:
Originally Posted by zimmy
You are right, he probably should have said 2019. Though he doesn't claim it is causing inflation now, as you state. In any case, Jim is talking about people have more money now (he use words like "in their pocket; take home wages.") The point is that the tax cuts may cause wage increases immediately (though they haven't very much) and then they may lead to inflation. The result might be everything costs more and people haven't made enough to off set the cost.
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"probably, may, might".....
are you assuming wages will never increase?
with all those jobs out there it's a great time to get a second job like we used to do in the old days