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originally posted by: scraedtosleep
a reply to: bigfatfurrytexan
Thanks for the info.
My mom is not complaining that 30$ extra isn't a big deal. Basically nothing changed for her.
But we are worried about what will happen to her health cost now that the mandate is gone.
I'll be here to tell you all once I find out. I am hopeful that it will not change very much .
originally posted by: mkultra11
originally posted by: soberbacchus
a reply to: burdman30ott6
Wells-Fargo boosting the minimum wage of it's workers to $15 dollars an hour! Wow..28k a year! What were they paying them before? Meanwhile how many Billions did the GOP just give them?
Thays funny because I remember liberals whining about raising minimum wage and a company does it and now it's not enough bc Trump has do to with it. You people have absolutely lost your marbles.
Fifth Third Bancorp, based in Cincinnati, will raise wages for 3,000 employees to $15, or, in annual terms, $32,000 a year before taxes. Assuming those bank employees were making Ohio’s minimum wage of $8.15 an hour, this amounts to an annual outlay of $45 million from a bank that reported $630 million in profits in the first half of 2017.
originally posted by: bigfatfurrytexan
a reply to: soberbacchus
This is called "looking a gift horse in the mouth".
To a non partisan your statement is exceedingly petty.
originally posted by: bigfatfurrytexan
a reply to: soberbacchus
What I read in that is basically that you aren't interested in how it helps you, but rather how it doesn't hurt people who make more money than you.
My 2 cents: for someone to pay over half their income in taxes, no matter how much they make, is exceedingly ridiculous.
originally posted by: bigfatfurrytexan
a reply to: soberbacchus
Because temporary corporate tax breaks will not break the stagflation that the nation seems to have been dealing with.
originally posted by: soberbacchus
originally posted by: bigfatfurrytexan
a reply to: soberbacchus
Because temporary corporate tax breaks will not break the stagflation that the nation seems to have been dealing with.
The stagnation the nation has been dealing with is 100% linked to stagnate wages and accelerating disparity in distribution of income.
The middle class drives spending and the economy, not corporations.
Corporations have been CRUSHING IT in profits the past 5 years. RECORD numbers.
Why do you think MORE is going to change something?
Unemployment is very low already.
The issue is that the spending class/middle class is shrinking and what remains doesn't have the money or buying power to drive the economy.
Believe whatever you like, but that is the problem and giving MORE to corporations makes things worse, not better.
originally posted by: bigfatfurrytexan
a reply to: soberbacchus
Its not the companies who really benefit, its the share holders. People like you, me, my retired uncle and his 401k. Yes, there are rich farts in the investments as well...but the point being that if the cash flows out in dividends, then its still flowing into the public. Any public not recieving that flow only needs to buy into the system to begin with, even if just a 401k or munie investment.
originally posted by: bigfatfurrytexan
originally posted by: soberbacchus
originally posted by: bigfatfurrytexan
a reply to: soberbacchus
Because temporary corporate tax breaks will not break the stagflation that the nation seems to have been dealing with.
The stagnation the nation has been dealing with is 100% linked to stagnate wages and accelerating disparity in distribution of income.
The middle class drives spending and the economy, not corporations.
Corporations have been CRUSHING IT in profits the past 5 years. RECORD numbers.
Why do you think MORE is going to change something?
Unemployment is very low already.
The issue is that the spending class/middle class is shrinking and what remains doesn't have the money or buying power to drive the economy.
Believe whatever you like, but that is the problem and giving MORE to corporations makes things worse, not better.
Correct me if i am wrong...but we are seeing the tax deal already result in positive wage growth. Isn't that exactly what is needed to move the economy?
Had we not given them that tax break, do you expect wages would have grown?
Im really not understanding where you are coming from here. Other than you just want to see corporations have the screws put to them.
originally posted by: soberbacchus
originally posted by: bigfatfurrytexan
originally posted by: soberbacchus
originally posted by: bigfatfurrytexan
a reply to: soberbacchus
Because temporary corporate tax breaks will not break the stagflation that the nation seems to have been dealing with.
The stagnation the nation has been dealing with is 100% linked to stagnate wages and accelerating disparity in distribution of income.
The middle class drives spending and the economy, not corporations.
Corporations have been CRUSHING IT in profits the past 5 years. RECORD numbers.
Why do you think MORE is going to change something?
Unemployment is very low already.
The issue is that the spending class/middle class is shrinking and what remains doesn't have the money or buying power to drive the economy.
Believe whatever you like, but that is the problem and giving MORE to corporations makes things worse, not better.
Correct me if i am wrong...but we are seeing the tax deal already result in positive wage growth. Isn't that exactly what is needed to move the economy?
Define wage growth? There are 130 Million people in the USA employed full-time.
www.statista.com...
Had we not given them that tax break, do you expect wages would have grown?
Take home pay would have? As it stands a few corporations raised the minimum wage. A drop in the bucket compared to the broad and comprehensive breaks that could have been given to everyone in the lower 60% of earners. As a bonus, those earners would have had money to spend and it would have sincerely spurred the economy rather than this fleeting dog and pony show.
Im really not understanding where you are coming from here. Other than you just want to see corporations have the screws put to them.
RECORD profits the past several years with the vast bulk of the recovery going to corporations and the wealthy.
If the past few years have been suffering by corporations, may we all be as lucky.
This bill fixed a problem that was not broken and gave corporations that have been making record profits MORE.