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re: I'm all for more U.S. jobs, but things will cost more.
Posted on 1/25/17 at 3:05 pm to RCDfan1950
Posted on 1/25/17 at 3:05 pm to RCDfan1950
quote:
If Corporations get a 15-20% reduction in taxes; this can go to pay for their increased cost of wages/production.
The flaw in that is that it likely won't go into paying higher wages. Maybe it creates more room for investment and it creates a few more jobs. Or maybe they just pocket the savings.
1
Posted on 1/25/17 at 3:42 pm to Texas Weazel
quote:
The flaw in that is that it likely won't go into paying higher wages. Maybe it creates more room for investment and it creates a few more jobs. Or maybe they just pocket the savings.
The only way to drive higher wages is to have a full employment economy. Trump gets this. No CEO is going to arbitrarily give everyone 25% raises, why would they with 10% unemployment? The more American labor is needed the more those who are willing to work hard will make.
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