In President Donald J. Trump's first five months in office, real wages for hourly workers have seen their largest increase under any administration in nearly 60 years " and we're just getting started with pro-growth, pro-prosperity policies that finally put America First. read more
Every seat in the waiting area of Glenn Valley Foods was occupied with people filling out job applications early Thursday afternoon, two days after the meatpacking plant became the center of the largest worksite-immigration raid in the state of Nebraska so far this year. read more
The all items less food and energy index rose 2.8 percent over the last 12 months. The energy index decreased 3.5 percent for the 12 months ending May. The food index increased 2.9 percent over the last year. read more
Consumer confidence rebounded in May after five straight months of declines as President Trump dialed back his aggressive stance on tariffs against China. The latest index reading from the Conference Board was 98 in May, well above the 85.7 seen in April and the 87.1 economists had expected. The expectations index surged off its 13-year low seen in April, reaching 72.8 May, far above the 55.4 in the month prior. This marked the largest month-over-month increase for that metric since May 2009. read more
Amazon CEO Andy Jassy told shareholders during a virtual meeting Wednesday (May 21) that the tariffs the President Donald Trump administration imposed on imported goods have not affected sales. "We also haven't yet seen any meaningful average selling price increases," Jassy said, according to a Wednesday Reuters report. "When you have 2 million sellers, they're not all going to take the same action." read more
"OMFG. You're conflating the PERCENTAGE tax cut with the AMOUNT realized, dumfuq."
Please light up your ignorance in neon lights -------. I am quoting directly from the chart based on THE % OF THE TOTAL BENEFIT - NOT TAX RATE CHANGE.
taxpolicycenter.org
To make it clear to -------s like yourself, it is the column titled "Share Of Total Federal Tax Change"
Here is the breakdown reproduced for you:
top 80-90% = 10.1%
top 90-95% = 9%
top 95-99% = 21.6%
top 1% = 23.5%
top 0.1% = 9.5%
This means, the top 5% received 21.6% + 23.5% = 45.1% of the total tax benefits. This CLEARLY STATES the % that went to the top 0.1% - it is 9.5% of the total tax cut. I can't fix stupid but I still try with you.
So, you want to admit you ------ up, AGAIN?
Maybe you should use this opportunity to state you misread the original chart all along which is why you have been lying for the last 3 months.
"I'm done with your moron math. Your garbage sources are leading you to garbage conclusions.
#251 | Posted by Danforth"
LOL. Your problem is no longer math - it is reading comprehension on charts and graphs. But again, just admit you lied originally and now you ------ UP with this latest comment.
"#44 | Posted by redlightrobot"
Over 1M illegals have self-deported already - those illegals being removed from the labor force will result in wages increasing for Americans and the end to those illegals abusing the social services and school system.
Underemployment is VERY high - but, there are 2 factors for this. First, a lot of this is related to people 'with college degrees' working in jobs where one is not required. That is not a problem with the economy - that is a problem with the school system giving out useless degrees. Second, this is caused in part by the wage suppressing nature of the illegal aliens. For the average American - if you make $100,000/year - do you care if you use your degree or not? The US median per capita income is ~$43,000. The issue is not 'underemployment' - it is WAGES TOO LOW. So, treat the factors leading to low wages: 1.) foreign imports undercutting US products (via tariffs), 2.) discourage US firms from moving outside of the US (via regulation relief, cheap energy, and tariffs), 3.) encourage foreign firms to expand manufacturing in the US (via tariffs), and 4.) get rid of the wage suppressing illegals
Now - you may not agree that tariff work - that is a fair stance. But, you cannot state that Trump's entire economic plan is not centered around this 100% scientifically backed belief system so it doesn't make sense.