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2026 Midterm Elections Open Thread
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Frank Grimes Offline
One of "Kent's People"
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Post: #692
RE: 2026 Midterm Elections Open Thread
(11-04-2026 01:55 PM)Redwingtom Wrote:  
(11-04-2026 12:49 PM)Frank Grimes Wrote:  
(11-04-2026 12:25 PM)Redwingtom Wrote:  
(11-04-2026 12:20 PM)bullet Wrote:  
(11-04-2026 12:17 PM)Redwingtom Wrote:  But the bigger issue is just one of simple truths. Corporations...or even small business owners for that matter...don't hire people just because they got a tax cut. Just like they don't give raises just because they got a tax cut.

They hire when they have a demand for product to sell and need workers to make it.

And people who are already rich don't need much of anything to expect them to spend their tax cuts on basic goods that drive economic growth. They're way more apt to dump it into savings to further build their wealth.

Lower taxes mean higher profit margins which means marginal sales are profitable. So it leads to higher employment.

But. It. Hasn't.

Eh, it has though. Employment’s not the issue, it’s either underemployment or wages just not matching inflation.

I hope conservatives learned this go-round that basically saying “sorry poors” is a bad way of handling the cost of living issue many are facing. Should they realize that, and acknowledge/address it over the next 2-4 years, I’m sure there’d be some votes in play.

Ah yes, the logical fallacy of "Correlation does not imply causation." The tax cuts...trickle down economics...is not the reason for the higher employment. 07-coffee3

You won’t find me ever defending trickle down economics. I’m simply pointing out that right now, unemployment is low. Give credit to whatever you want, though Trump had pretty good employment numbers in his first term too until the pandemic. Underemployment/wages are the issue currently.
(This post was last modified: 11-04-2026 02:53 PM by Frank Grimes.)
11-04-2026 02:47 PM
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Messages In This Thread
RE: 2026 Open Midterms Thread - GoodOwl - 04-28-2026, 07:26 PM
RE: 2026 Midterms Open Thread - Bronco'14 - 04-29-2026, 04:51 PM
2026 Midterm Elections Open Thread - b2b - 11-03-2026, 10:50 PM
RE: 2026 Midterm Elections Open Thread - Frank Grimes - 11-04-2026 02:47 PM



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