March 1, 2020

Word: Results of Trump's tax cuts

Robert Reich

1.5 years after Trump signed his tax cuts into law, what are the results?

1) The stock market is in free-fall
2) Wages haven't kept up with inflation
3) The deficit is on track to surpass $1 trillion this year
4) The 1K biggest companies have cut more jobs than they've created

1 comment:

Geoffrey Levens said...

Stock market in free fall due to virus fears. Prior to the advent of COVID-19 it was doing well. Which just means that the transfer of wealth from the middle class to the extreme upper class was in full swing.