There’s not much commentary for this. It simply demonstrates the staggering ignorance of things economic by the left. To be sure, not all coorporate tax cuts would result in increases of wages for the workers. Indeed, perhaps, not even most tax cuts. Also, these companies aren’t doing this because they love their workers this much. It’s an investment in which these companies expect a return.
So, why are they doing this? This isn’t hard …….. Trump is slowing the flow of importing cheap labor into the US. The US still has the largest workforce in the free world, and is the world’s largest consumer nation. Couple that with the reduction of the coorporate tax rate, which brings incentive to have the companies in the US ….. well, they want to keep their workers! Add to that the growth rate of the GDP (soon to be officially the highest since 2005!) and it’s easy to see why these huge coorporations are giving bonuses and increasing wages.
Additional thoughts ……..
This calls into serious question the need for a federal minimum wage law. When the minimum wage for these coorporations go up like this, it gives an increased pressure for the rest of the employers to increase their wages, else, all the good talent will go to the higher paying jobs. Even an increase in their minimum wages produces pressure on the wages paid to people with higher wages.
Also, while we’re not there, yet, we need to keep an eye on inflation. Unless productivity increases among the workers, coupled with lower taxes for the workers, and the increase in our GDP, we’re going to see inflation. How bad? IDK. But, I do believe if we continue to lower the flow of importing labor, the increases in the wealth of the average American will easily out-balance the inflationary propensity of these recent events. This is what winning looks like!
The Shit hole networks wrong again and again and again. They want America to fail to prove they are right. One big problem for them they are NEVER RIGHT – ALWAYS LEFT!!!
Heh! Yeh, and that’s their problem. They want America to fail so much that anytime someone comes up with some good notions for the US, they invent reasons why it’s a bad idea, then, it bites them in the arse!
My take….the left has so over played their hand there’s no going back
Trump’s shithole comment, if he even really said it or not, has nailed them….other than the pay to play libs….everyone else nodded in agreement
….and……the shithole comment came on the heals of everyone getting a bonus and raise
Perfect example…..just happened on CNN…..
People are having way too much fun with this…
Good heavens!!!! I didn’t realize they had sh*t maps!!!
The Tax and Jobs Bill is working exactly as designed and expected. That’s how you raise living standards by creating more jobs and demand for labour.
Let’s see those offshore cash piles come home and create even more jobs, more investment and improving infrastructure. Inflation is not a worry as ingenuity and innovation in training, equipment upgrades and improving management will drive productivity upwards.
We are entering a new and exciting time in American history driven by the unique intellect, experience and drive of Donald Trump. Very exciting times indeed.
Agreed. Should work this way.
You might be deploying to a “Shit Hole”:
1. If your boss tells you to update your Gamma Globulin, Yellow Fever, Malaria, Dysentery, Tetanus and other fun immunizations – You might be deploying to a Shit Hole.
2. If the Mobilization Officer tells you not to waste your time bringing a radio, or any other electronics, as there is no electricity and there are no signals – You might be deploying to a Shit Hole.
3. If the Travel Pay folks give you a travel advance and the Per Diem rate is only $8.00/day, for everything – You might be deploying to a Shit Hole.
4. If the “Area Cultural” briefing is only 30 minutes long, but the briefing on communicable diseases is 3 hours long – You might be deploying to a Shit Hole.
5. If the “Area Cultural” briefing includes facts that some leaders in the host country keep young boys as sexual slaves – You might be deploying to a Shit Hole.
6. If the “Area Cultural” briefing includes facts that male members of that society have multiple wives, but also engage in sexual activity with barnyard animals – You might be deploying to a Shit Hole.
7. If the “Medical Briefing” includes recommendations not to walk barefoot, drink the local water, or eat ANY food on the local economy – You might be deploying to a Shit Hole.
8. If the “Medical Briefing” includes information that the roadside ditches not only serve as flood control, but also as a common latrine – You might be deploying to a Shit Hole.
9. If the Daily Report for your new assignment includes an area for “Number of Personnel Med-Evaced” from theater for unknown diseases – You might be deploying to a Shit Hole.
10. If the monetary exchange rate is greater than 50 to 1 for local currency to US Dollars – You might be deploying to a Shit Hole.
I’m afraid you might already be a shithole if you have millions of guns, and still allow your government to argue over its duty to make sure you don’t become one.
Minimum wage is a recession prolonger. As anyone can see now (except liberals of course), companies are increasing their starting rate without government intervention for one simple reason. They are competing for employees. That is how it works.
But then the left will come back and ask “ok, so what is the big deal about codifying it in law?”
Simple, No economy expands continuously forever. There are corrections. And the way to prolong the corrections is to not allow the law of supply and demand to work. In other words, put a false bottom on it. That is why Obama killed his recovery. When employees are competing for jobs, wages fall (hence why big Business loves unrestricted immigration). When companies compete for employees, wages rise.
This is not rocket science. But it is totally foreign to liberals.
To be sure, not all coorporate tax cuts would result in increases of wages for the workers.
Companies don’t really pay taxes–they just pass it on to their customers. The usual argument for taxing companies (other than having an easy revenue source) is that companies should pay for the “privilege” of doing business in their community. This silly argument goes out the window when a large company decides to relocate. There’s a mad rush to grant them special “tax incentives,” either not to relocate or to locate in various jurisdictions. That’s because everyone knows that companies provide jobs which is all the justification they need to do business in any community.
and all those jobs collectively pay more taxes
The Democrats now have control of both houses of the legislature and the governorship in the People’s Republic of Washington State. So what’s first on their agenda (besides raising taxes)? Gun control–of course.
DHS preparing to arrest leaders of sanctuary cities
Trump administration will appeal DACA ruling directly to the Supreme Court
Speaking of Anthropocene, this one tops it: we live in “Adjustocene” now!
(tm Climate Audit)
Trump Tells CNN’s Jim Acosta to Get ‘Out’
LOL!!!! Yeh, saw that!!!!
..and Jeb Bush endorsed Tweety…..Silvester had no comment
His physical exam results are a hoot!!!! The left is going insane!!!!
It’s absolutely amazing…..they have no comprehension how they look
This is going to get interesting…
Trump’s 2020 Census May Cost California Congressional Seat by Counting Citizens
New California Declares Independence From Liberal Coast
There’s no love lost between Los Angeles and San Francisco either. Those in San Francisco dislike Los Angeles. For example, try calling San Francisco “S-F” in San Francisco and you will be told that this isn’t Los Angels (where their citizens call their city “L-A”).
The fact that the San Andreas Fault was moving Los Angeles closer to San Francisco is also bothering San Franciscans.
Maybe I’m nuts…..but if you had a third world neighbor…..torturing people, cutting heads off, dealing drugs, killing everyone in sight…..wouldn’t you at the very least build a wall?
…and all people have to do is walk over to the side and come through the gates legally
Or even use a $trillion military which exists for the true sole purpose of doing just that.
well yeah….first you have to get over American’s romanticizing Mexico
And many others. Just don’t get this elevated opinion of these foreigners. They have the same responsibility to lift themselves above their current situation, like anyone.
We certainly don’t owe any help to them in bearing that responsibility, yet still supply it, with no progress. Show me an elevated country where a quarter of it’s citizens don’t have to live elsewhere.
on a positive note…people are starting to speak out and don’t care if they are called racists, etc…libs have over played their hand on that one too…maybe enough people have opened their eyes and see shitholes now
The false Hawaiian missile attack raises an interesting point: we are woefully unprepared in case of a nuclear attack. Here in the People’s Republic of Washington State, it is against the law to prepare for a nuclear attack! There are really stupid liberals running this state. They think if you prepare for a nuclear attack–it will become more likely. So that must mean if we learn CPR–heart attacks will be more likely. If we practice fire drills–fires will be more likely.
Being prepared is the Boy Scout motto and is always good advice. Of course, these liberals hate the Boy Scouts too.
what?…..Jim, I’ve never heard of such….that’s really crazy
that’s really crazy
Yup! I think liberalism is a form of brain damage–they seem to consistently draw the wrong conclusions from the available facts and data. The obvious solutions–the old, long time true and tested solutions are never considered.
Just in case you don’t believe me:
RCW 38.52.030 (http://app.leg.wa.gov/RCW/default.aspx?cite=38.52.030), passed in 1983, says “The comprehensive, all-hazard emergency plan authorized under this subsection may not include preparation for emergency evacuation or relocation of residents in anticipation of nuclear attack.”
oh I believe you for sure…..that’s just totally insane…
Yeah, ok, but one may prepare for a zombie apocalypse? Or maybe just for a meteor?
How about preparing for a tsunami or earthquake?….seems that would fly right in the face of their theory
Your examples are natural disasters and aren’t really a problem to them. I was joking about CPRs and fire drills.
I believe their real argument goes along this line:
A well trained population has a higher nuclear survival rate than one that isn’t trained. Say our President decides to flip the coin and launch a nuclear attack. While considering the options, the President might decide that a well trained population makes the survival rate higher and go for a nuclear launch. If the population isn’t well trained, then the President might decide the losses are too high and go against a nuclear launch.
You have to also realize that Reagan was President in 1983, and him launching a nuclear attack on his own was a common liberal fear. The Washington Governor at the time was a Republican, so you see how stupid our Republicans are in this state.
Notice how this will go with “Climate Change.” Using the same stupid liberal thinking: “We caused this problem so adapting to climate change is inappropriate. We must do everything in our power to stop climate change.”