bdbdbd said:
Firstly, I'm going to criticise the source you sited; it's clearly biased considering the ad hominem at the end, so the whole article is most likely cherry picked anyway - as you may guess by the article's only negativity towards Trump. Anyway, there should be quite a number of new jobs, meaning less unemployment. Immigration stresses the welfare budget, while new cheap workforce keep the low wage jobs as low wage jobs. Actually Trump has said he'd raise the taxes of the rich people, or that's actually what I've understood. And this makes sense, as I'd guess every million Trump pays in taxes is going to make him five (because the more money is used, the more it's generated). When people make more money the price of property as a whole goes up. It's not just the property you can afford because the demand on more expensive property is going to increase aswell. Basically it all boils down to people having more disposable income that leads to more loans, that leads to more disposable income, that leads to more loans, etc. |
Oh I agree the site is bias but then again I am not posting the site opinion just the actual words from Trump Surogates. One of the main things I wanted to know is how Trump plans on paying for all the tax cuts and big spending he proposes and its interesting in seeing what Trump and crew wants to get rid of. It also mention all the regulatory actions Trump is looking to get rid of which should be interesting because none of those help low income workers.
As for the number of new jobs is questionable at best. The type of jobs that have gone due to manufacturing and other things Trump has stated are not gone because of the corporate tax but instead because the labor force is much cheaper, technology and automation. Those jobs are not coming back to America
Not sure where you are getting your information on Trump raising taxes on teh rich but his econmic plan is already out there and nowhere does it state raising taxes period, expecially the rich.
Having more disposible income is great if inflation and prices on goods do not also go up. A few of Trumps economic plans will definitely rise one if not both. What will happen is the same during Regan term, the rich get richer and the low income poor stay right where they are at. Nothing changes because unless those low income are moving to higer paying jobs and the economy inflation rate and goods go up in price then they are no better than they were before.
Anyway I am not totally dismissing Trump plan it just that every time I dig deeper into what he is trying to do the holes start to get bigger and bigger. Getting rid of EPA, Department of Commerce, Education and Energy sounds like someone what’s to get rid of any agency that stop corporation from just doing whatever the hell they want. I would love to see what other agency and services Trump would like to cut and how that effect the rich and the low income.
