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re: I'm all for more U.S. jobs, but things will cost more.
Posted on 1/25/17 at 3:21 pm to golfntiger32
Posted on 1/25/17 at 3:21 pm to golfntiger32
I'd agree with this. And I'd tie that in with how the new tax legislation will look. My instinct is that a cut for Bank of America gets partially returned to workers in the form of higher wages, but more so with an emphasis on share price. So I'm disagreeing with my friend RCD above. I suspect if smaller businesses get tax cuts, more would be returned both as increased wages and benefits to workers, and also to investment.
SO I guess I'm agreeing with a liberal talking point. Wealthier individuals and businesses tend to save tax cuts. Where I depart is when they maintain there is no increased economic activity attributable.
Back to tariffs, the most common argument is just plain dishonest. Fist the tariff is misrepresented as a broad based tariff, when this hasn't really been suggested. Second, discounted completely is that there are other sources for the tariffed product that are currently price comparable to the tariffed product in many instances.
Lastly, Trump is setting down a marker. If this isn't clear from the composition of his cabinet, and the fact that before Trump ever gets to negotiate with either Congress, or the American people, he first needs to compromise with his own cabinet, I'm not sure what poeple are seeing.
SO I guess I'm agreeing with a liberal talking point. Wealthier individuals and businesses tend to save tax cuts. Where I depart is when they maintain there is no increased economic activity attributable.
Back to tariffs, the most common argument is just plain dishonest. Fist the tariff is misrepresented as a broad based tariff, when this hasn't really been suggested. Second, discounted completely is that there are other sources for the tariffed product that are currently price comparable to the tariffed product in many instances.
Lastly, Trump is setting down a marker. If this isn't clear from the composition of his cabinet, and the fact that before Trump ever gets to negotiate with either Congress, or the American people, he first needs to compromise with his own cabinet, I'm not sure what poeple are seeing.
Posted on 1/25/17 at 4:24 pm to Iowa Golfer
quote:
I suspect if smaller businesses get tax cuts, more would be returned both as increased wages and benefits to workers, and also to investment.
Unless a company/sector is under wage pressure in attracting/keeping employees, broad increases are highly doubtful.
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