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The front of todays Detroit Free Press. (Original Post) kpete Jan 2018 OP
Duh, although his supporters think otherwise. Iliyah Jan 2018 #1
no surprise Takket Jan 2018 #2

Iliyah

(25,111 posts)
1. Duh, although his supporters think otherwise.
Sat Jan 13, 2018, 01:09 PM
Jan 2018


Since the corporate masters have control over the media, certain mislead information is being stated such as the economy is strong and jobs are being created and the tax reform is GREAT!

But in reality and as Soros pointed out, the stock market will peak and then fall like a rock.

Anywho, there is no such thing as trickle down, and the economy is slowly failing.

Takket

(21,577 posts)
2. no surprise
Sat Jan 13, 2018, 01:31 PM
Jan 2018

I work for... let's call it a large company in the detroit area that happens to make cars......... numbers peaked in 2016 and while sales were strong they were down in 2017. my company has had a hiring freeze since middle of last year (can only hire with upper management approval) and despite the corporate tax cut there has been no talk of larger bonuses, pay increases (outside the standard cost of living icnreases) or removing the hiring freeze. In fact the tax cut is a joke. any time anyone mentions the current state of hiring at the company i just say to the room "but the company just got that huge tax cut. aren't we supposed to start hiring more people and building more cars, whether we need them or not?" and everyone in the room laughs that sort of laugh that says "yeah, we all know that is not how it works, trickle down is bullshit"

there are now talks of another round of buyouts being offered to people near retirement, on top of the ones offered last year. make no mistake, companies are not stupid and all the indications from mine are that they know a downturn is looming on the horizon and they know a tax cut does not mean more sales when the middle class is getting shafted.

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