View Single Post
Old 07-24-2018, 09:44 AM   #43
spence
Registered User
iTrader: (0)
 
spence's Avatar
 
Join Date: Nov 2003
Location: RI
Posts: 21,182
Quote:
Originally Posted by Jim in CT View Post
Right, right. His policies have done nothing. The tax cuts (especially the corporate tax cut), the incentives to bring foreign profits back, the elimination of tons of regulations...none of that helped boost the economy. Nope, none of it.
Wages have actually dropped since the tax cut was passed. Nearly all the tax cut benefits have gone to large shareholders. The corporate response to the trade war is overwhelmingly negative. Multi-nationals will be able to shift production (hurting American workers) but the smaller businesses and especially farmers are going to get hammered.

They say we're going to see a massive increase in GDP soon because corporations are stockpiling to prepare...then...

It seems like all of Trump's policy is so off the cuff nothing is thought out. We're just in an endless cycle of walk backs, reactionary counter measures and instability. This isn't a way to run a government.
spence is offline