Indeependent
Diamond Member
- Nov 19, 2013
- 73,633
- 28,506
Minimum Wage is a band-aid.The math has been done, trumps tax plan will put more money into everyone pockets, and a fairly significant amount.
possibly enough to jump the economy.
hillary is promising some pocket change.
Tax cuts won't jump start anything. We've seen that. The variable in the formula for long term growth that's been flat for some time is wage growth. Giving people a couple of grand once a year isn't going to do anything. Consumers having a grand a month more in wages will go much further.
The last time I looked, presidents don't sign paychecks.
Last time I checked, Presidents influence outcomes via their policies. What candidate do you believe based on policies will yield more take home pay on a long term basis for the middle class?
What policies are currently inhibiting the growth of wages over the last 25 years?
I'm a Democrat and believe the Democratic candidate not only has a better idea of what the problems actually are but has a grasp on solutions as well. Simply raising the MW as a start would put much needed upward pressure on wages.I hear nothing from Republicans about wages at all and the only solution they ever offer for the economy is tax cuts. Look at this thread as an example.
When you look at the growth business has had over the last 25 years and compare it with the growth in wages, what explains the incongruity? Incentives need to be built into corporate taxes that allow for credits in exchange for keeping wages competitive to the cost of living. Simply giving a tax cut without requiring something in return does nothing for wages or workers.