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Trumps Economic Policies Have Failed US Workers

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posted on Nov, 5 2019 @ 09:51 AM
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I don't care about right wing or left wing politics or tactics. I would love Trump if labor in this country made some real gains for a change. All I care about is labor. But even though I hear how much Trump is going to make this country white again (MAGA), it doesn't seem to help the people voting for Trump.

As usual it doesn't matter who is president. The American people continue to get screwed.

Latest Data Show Trump’s Most Touted Economic Policies Have Failed US Workers

Trumps biggest public policy achievement so far has been the 2017 tax cuts. Once again we find trickle down Reagonomics just NEVER works:


"By far, the largest chunk of the tax cut that President Trump pushed through Congress in 2017 was slashing the corporate tax rate from 35 percent to 21 percent. This was justified in part by the idea that the lower tax rate would go along with an elimination of loopholes."

"The other justification for the lower tax rate was that it would lead to an investment boom."

"It is now very clear that neither part of this story is true. While corporations are enjoying the benefit of lower tax rates, they continue to find ways to avoid paying the legislated rate. "

It turns out Trump is an establishment Republican after all:

Unprecedented: The Trump NLRB’s attack on workers’ rights


"Under the Trump administration, the National Labor Relations Board (NLRB) has systematically rolled back workers’ rights to form unions and engage in collective bargaining with their employers, to the detriment of workers, their communities, and the economy. "

"After decades of decline in the share of workers represented by a union, the American economy is now marked by extreme inequality—the highest ever in U.S. history, according to new Census Bureau data.4 Chief executive officer (CEO) compensation has grown 940% since 1978, while typical worker compensation has risen only 12% during that time."



"From 1979 to 2016, the wages of the top 1% grew nearly 150%, whereas the wages of the bottom 90% combined grew just 21.3%, roughly one-seventh as fast.6 Even today’s very low unemployment rate has not been enough to spur truly robust wage growth for most workers."


So far many of Trump's actions and policies have hurt labor more than he's helped the people who have voted for him. But who knows. Maybe trickle down economics just needs a little more time to bake but I doubt it. No matter how much it has been baked in the past it always results if the workers of this country not eating.
edit on Tue Nov 5 2019 by DontTreadOnMe because: ex tags added, trimmed quotes IMPORTANT: Using Content From Other Websites on ATS



+14 more 
posted on Nov, 5 2019 @ 09:54 AM
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off-topic post removed to prevent thread-drift


 



posted on Nov, 5 2019 @ 09:57 AM
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a reply to: PurpleFox

Well, thank you!

Help me find a way to love Trump. Why should I like Trump? Please explain it to me. I seem to remember MAGA was about helping the American worker.


edit on 5-11-2019 by dfnj2015 because: (no reason given)


+27 more 
posted on Nov, 5 2019 @ 10:00 AM
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a reply to: dfnj2015

Meanwhile the stocks are breaking records for something like the 150th time, I've lost count. Trump's policies are helping me tremendously and the company I work for gave an across the board raise and set up an auto raise program. I just can't, for the life of me, understand why people like you wouldn't do some research of your own and stop relying on what a source beneficial to you would tell you to think. It's intellectually lazy. Did you know 500 prisoners were released from OK jails yesterday? Not hearing much about that, but thank Trump for his Criminal Justice Reform that your party promised and refused to pull off.


+13 more 
posted on Nov, 5 2019 @ 10:02 AM
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originally posted by: dfnj2015
a reply to: PurpleFox

Well, thank you!

Help me find a way to love Trump. Why should I like Trump? Please explain it to me. I seem to remember MAGA was about helping the American worker.



He's helped the American worker more than any president since Reagan.


+31 more 
posted on Nov, 5 2019 @ 10:12 AM
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a reply to: dfnj2015

They had to pair union membership with income inequality to show the economy is bad.... LOL.

Union membership may be down because more and more people are realizing that paying union dues to get Democrats elected is a lose-lose situation for them.

Meanwhile, we have more Americans employed now then in any other time in history, unemployment numbers are at record lows for women, minorities and the handicapped.

Wages are steadily rising at record highs as well, with the biggest gains being the lowest wage earners.

We have more jobs in America than we have workers.

Between Trump's tax cuts and cutting regulations we are doing just fine.

So your OP is BS.




edit on 5-11-2019 by Lumenari because: (no reason given)


+21 more 
posted on Nov, 5 2019 @ 10:13 AM
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a reply to: dfnj2015




I don't care about right wing or left wing politics or tactics.  


Oh please. Your posting history tells a whole different story.


+14 more 
posted on Nov, 5 2019 @ 10:15 AM
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originally posted by: dfnj2015
I don't care about right wing or left wing politics or tactics.


The fact that you prefaced your diatribe with this is absurd.

All the regulars here already know where you are at, so why even try that BS.

I'm not even going to bother explaining why 90% of your conclusions are just flat out wrong, because TDS will not allow you to see reality.

LMAO........



posted on Nov, 5 2019 @ 10:17 AM
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originally posted by: DAVID64
a reply to: dfnj2015




I don't care about right wing or left wing politics or tactics.  


Oh please. Your posting history tells a whole different story.


I have never denied I am an FDR type liberal Democrat.



posted on Nov, 5 2019 @ 10:18 AM
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a reply to: dfnj2015

So you're saying that my paycheck is not getting fatter.....no problem!



posted on Nov, 5 2019 @ 10:18 AM
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originally posted by: LSU2018
a reply to: dfnj2015

Meanwhile the stocks are breaking records for something like the 150th time, I've lost count. Trump's policies are helping me tremendously and the company I work for gave an across the board raise and set up an auto raise program. I just can't, for the life of me, understand why people like you wouldn't do some research of your own and stop relying on what a source beneficial to you would tell you to think.


EPI.org is a non-partisan group just studying economic numbers. Are you suggesting we ignore any economy measurements that do not agree with our preferred ideology?



posted on Nov, 5 2019 @ 10:23 AM
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originally posted by: manuelram16
a reply to: dfnj2015

So you're saying that my paycheck is not getting fatter.....no problem!


There are two parts to the equation. How much fatter your paycheck becomes or how much you pay in taxes must be balanced with this consideration:

Purchasing Power of the Consumer Dollar


+7 more 
posted on Nov, 5 2019 @ 10:24 AM
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a reply to: dfnj2015


And yet you try to portray yourself as middle of the road, while in reality, you lean so far Left as to defy the laws of gravity.


+12 more 
posted on Nov, 5 2019 @ 10:25 AM
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originally posted by: dfnj2015

originally posted by: LSU2018
a reply to: dfnj2015

Meanwhile the stocks are breaking records for something like the 150th time, I've lost count. Trump's policies are helping me tremendously and the company I work for gave an across the board raise and set up an auto raise program. I just can't, for the life of me, understand why people like you wouldn't do some research of your own and stop relying on what a source beneficial to you would tell you to think.


EPI.org is a non-partisan group just studying economic numbers. Are you suggesting we ignore any economy measurements that do not agree with our preferred ideology?


Union membership is not an economic measurement.

And "wealth inequality " is a sales pitch for socialism that targets the mentally challenged and the naive.




posted on Nov, 5 2019 @ 10:26 AM
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You're a brave person for making this thread.



posted on Nov, 5 2019 @ 10:28 AM
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a reply to: dfnj2015

Really don't know if you're a 15 year old in your mom's basement but son, there are two things in life you HAVE to do:
first, pay taxes and second, die, the rest is optional.



posted on Nov, 5 2019 @ 10:30 AM
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I'm giving a star and a flag to keep this thread active so that others can dissect it.

As per the usual, statistics can be misleading and are often cherry-picked to show, or evidence, a certain narrative or bias.

This leaves out the collection of taxes, and the increase in tax revenue collected by the Government since the enactment of the tax cuts. Additionally, businesses will always try and find tax loopholes - that's what happens when you're extorted massive amounts of money.

Trump's attacks on workers' rights? Now, this may end up coming off as a Facebook rant, because usually when I see people talking about the "assault on workers rights", a conclusion is reached that said person has no idea what they're talking about.

No part of that statement is factually correct; Giving people an option to join a union is not "an attack", it's not "rolling back workers rights", it is *rolling back mandatory Union affiliation*........ there's a big difference. How is not joining a union going against worker rights? How is giving the workers the actual option to join or not join, an assault on their rights? Thanks to the UAW, for the last two weeks, I've had employees calling my office like it was going out of style to file for chapter 13 Bankruptcy so they could try and save their homes and vehicles that they were losing, thanks to their mandatory strike. Workers losing their homes and livelihood, not to mention all of the suppliers, the transporters, the tech workers, everyone indirectly associated with that Union encouraged and financed mess who were also going bankrupt, all so the Unions can take more money in the form of dues......... ALL TH WHILE THEY ARE BEING ARRESTED AND CHARGED WITH FRAUD, EMBEZZLEMENT, AND BRIBERY!

But............ God F###### forbid we give workers a choice in the matter, essentially (somehow, magically, nonsensically) "attacking worker rights." My favorite part of the whole fiasco, since I'm on the subject, was statements made by several Union workers and higherups during the strike, stating that "they wanted more money, because they weren't making enough money to buy the vehicles they were making, and wanted to be able to afford them!" BRO, your wages are the main reason they are so damned expensive! Getting more money will make them cost more! Holy crap, people are so stupid!

Anyway, I didn't mean to focus generally on the UAW but merely wanted to use them as an example of the largest issues surrounding Unions.

Now....... If you wanted to talk about the Tariffs that have screwed us over royally, then I would be all ears and probably agree with everything you feel about that matter.



posted on Nov, 5 2019 @ 10:30 AM
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originally posted by: Mach2

originally posted by: dfnj2015
I don't care about right wing or left wing politics or tactics.

The fact that you prefaced your diatribe with this is absurd.
All the regulars here already know where you are at, so why even try that BS.
I'm not even going to bother explaining why 90% of your conclusions are just flat out wrong, because TDS will not allow you to see reality.


Here I throw out an olive branch trying to be open minded and objective with Trump and you just dismiss it out of hand. Maybe Trump's policy of cutting corporate taxes is the solution. So 90% of my conclusions are just wrong because of my posting history.

I just want to talk about what public policy decision by Trump: The tax cuts he got passed. And every post in the thread is personal attack on me or something off-topic. I would prefer we not have a pissing contest or waste our time with ad hominem attacks.

You tell me why Trump's corporate tax cuts have been a success?

So since my conclusions are so screwed, even though the facts in the OP are just facts, you tell me how I should think. You tell me how I need to think to be a good Trump Republican. Please teach me.


edit on 5-11-2019 by dfnj2015 because: (no reason given)


+5 more 
posted on Nov, 5 2019 @ 10:30 AM
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a reply to: dfnj2015
I am making more than I did in 2015.
So are many others.
Sorry for your confusion.



posted on Nov, 5 2019 @ 10:32 AM
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originally posted by: shooterbrody
a reply to: dfnj2015
I am making more than I did in 2015.
So are many others.
Sorry for your confusion.


So I am wrong. I'm going by EPI.org quoted data. Obviously because one or two people posting here are doing better I am a very bad person.

You tell me what I should think. I'm listening.




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