When I've been unemployed I have worked for friends for $10 hr. Under the table of course. Mold removal was the worst job I had. And there were young Americans working for the guy I worked for.
Wicker thinks that Americans won't do those jobs.
A lot of lefties claim that.
Wicker is a flat out, emotionally and mentally disturbed masochistic altruist.
I reject the notions that lefties are motivated by altruism.
They are too ******* mean spirited and full of hate for me to buy that shit.
Yeah, mean spirited. Like the way we tore kids away from their parents who dared dream the American dream. Blindness has cure, open your fuckin' eyes. LOL
No. I don't really blame you libs for that. Sure Obama did it. That's when the photo was from.
But really the parents are to blame.
No, your hate and meanness are expressed in other ways. Lots of other ways.
By focusing attention on issues such as immigration and
North Korea, President
Donald Trump has managed to deflect attention from the economic resentments that helped get him elected — namely, outrage that the rules are rigged on behalf of the wealthy and the powerful.
Will he keep getting away with this, as Republican policies make the rich even richer and regular people more economically precarious?
Exhibits A and B of the GOP doubling down on corrupt plutocracy are the 2017 Tax Act and the coddling of the biggest banks. The Tax Act
costs $1.9 trillion dollars in revenue over a decade. Almost all of the breaks went to rich individuals and corporations, but it was supposed to produce trickle-down benefits in the form of
more jobs and better pay for workers.
Now the verdict is already in on pay increases. Worker pay has
remained flat for the past 12 months, according to the Bureau of Labor Statistics.
I told you so!!!!
And instead of increasing domestic investments that might produce jobs, corporations mainly used the money to
buy back shares of their own stock, pumping up the share value in order to further enrich executives and shareholders but doing nothing for the economy.
Corporations have spent 72 times as much on share buybacks as they have spent on one-time worker bonuses and raises. About 40 percent of all stocks are held by the top one percent, and most of the rest by the wealthiest 10 percent, so this is a pure gift for the rich.
Meanwhile, the Federal Reserve keeps freeing banks from the consumer protections of the Dodd-Frank Act and other safeguards of the Obama era. Last month, the Fed and other regulators conducted rigged “
stress tests,” whose results allowed banks to reduce the capital reserves they are required to keep against losses. With more lenient capital requirements, the big banks are now free to join the parade of stock buybacks and
dividend payouts.
You got played Correll!!!
The six largest banks
will use $125 billion on buybacks and payouts. A lot of this is capital that might have otherwise financed loans.
According to a tabulation by The New York Times, Wells Fargo and Citigroup are spending 100 percent of their projected 2018 profits on buybacks and dividend payouts, and JPMorgan Chase 98 percent.
The tax act’s most important impact will be pressure to cut spending in popular programs such as Social Security and
Medicare, to make up the deficit gap. And according to the non-partisan Congressional Budget Office, the act, by pushing the
national debt to an unprecedented 152 percent of GDP,
increases the odds of a new financial crisis.
Meanwhile, Trump’s trade policy, despite its Make-America-Great-Again bluster, is
starting to undermine good American jobs by disrupting supply chains and shrinking markets for U.S. exports. The president even managed to make iconic Harley Davidson the enemy — but without doing anything serious to alter China’s predatory practices.
In sum, Trump’s tax and regulatory policies for banks and corporations mainly allow these institutions to fatten themselves, don’t help the larger economy and his tough trade measures are perverse.
The key political question is whether voters will connect these dots and hold Trump and Republican candidates accountable for the blatant hypocrisy and bait-and-switch.
Trump's Tax Cut Snake Oil Should Be The Story Of The Midterms | HuffPost