Because as the smart #CEOs of this country know one thing is that Trickle down Economics haven't and never will work
As History has shown it takes us in a Recession ?
VIDEO: CEOs asked if they plan to increase their company's capital investments if the GOP's tax bill passes.
A few hands go up.
"Why aren't the other hands up?" Gary Cohn asks.
#WSJCEOCouncilpic.twitter.com/TD2oAlN27S
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You just stated the answer. Baby boomers remember what they tried in the 80s. Anyone under 50 hasn't a clue how bad it can get. The History you talk of are our memories! I pray we learned from it
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The GOP has never learned from it every time the "Attempt" this in some form or way But the Rich like a good Rescession it makes tge,working person have to dance for there supper
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I didn't mean the Hopper would ever learn anything new. I meant We The People. If we teach our children well, our Nation will never see anything like this again
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I totally agree the only problem is we can I have taught my child but there's still people who will vote party lines no matter how bad it effects there own pocket books
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Google Kansas and their state tax "reform". They tried all the GOP tricks in the play book and have ruined the state finances.
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Trust me this
#TaxBill will be the nail in the GOPs coffin come election time This one hurts more Americans than Healthcare ever could have -
Vote them out!
End of conversation
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Welcome to reality, Gary. Trickle down is a fairy tale. Stock market is record high, unemployment historically low, interest rates low. Corporations are not struggling. Reducing corp tax rate will do nothing but increase executive compensation, in turn increasing wealth gap.
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Trickle down is very insulting just by the phrase alone. It's the 1% literally insulting us. Saying we will get their scraps. So insulting.
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And really it would be scraps of scraps of scraps after how many layers of greed and self-indulgence.
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Follow up- will those making capital investments create jobs or look to automate functions thus reducing total jobs?
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That’s the better question
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Follow up to the follow up. And if you hire more people will they be domestic or abroad ? most big corps are multinationals. Also 25% of stocks owned by foreigners. So many questions I’d love to ask
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One more: after increasing cap investment, automating, and moving jobs overseas, will you increase your front line employees salaries?
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“On average yes, salaries will be going up (muffled: mostly mine)”
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More money to 1%: they hoard & hide it. To stimulate economy give money to those without enough (Lower/Middle) & they buy stuff=Increased Consumer Spending=More Demand=More Production(150 mil newcars/tv's)=More Jobs=More Consumer Spending=More&More Jobs=Economic Growth. SIMPLE!
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Hoarding syndrome - with money. This is an illness.
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$$$ should expire after a certain date to disallow hoarding, a suggestion by Yanis Varoufakis (and others as well I'm sure but I've only directly heard YV say it)
End of conversation
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