Cut Social Security and Medicare so those fatcat olds and sickos start paying their fair share to support corporate profits.

Social Security has no affect on the deficit. Besides not all folks receiving Social Security are repubs.

n/t

It's sickening what they're doing! Lining the pockets of the rich. So transparent, and yet blue-collar ReThug voters don't see it.

n/t

The fruits of the productivity of America is going to fewer and fewer hands. But look who is being left holding the bad to pay off this simply unnecessary debt. This graph illustrates just what the common American has become: a slave.

But if TRMP were a shrewd politician, he'd use his bully pulpit to show this graph and call out corporations, saying "You got your tax relief, now start trickling it down, motherfuckers. Raise your minimum wage to a happy medium of $12 and show America that tax cuts do what we said they will."

That's the way he could spin this with minimum effort, and even if he was largely ignored, the optics would be undeniable.

But TRMP is not a shrewd politician.

doesn't care. He's making money hand over fist. Why would he be against the tax cuts?

That graph needs to be distributed and shared all across the land.

Recommended.

most of those Trump working class stiffs got more money because their employers deducted less taxes. Just wait until tax time when they don't get that big tax return they are used to getting.

The Zero, or starting point of reference is Q1 2017. Wages start there and stay flat, clearly. But why does the starting point of the measurement of corporate profits start at 2.5%? At that point, profits escalated literally instantaneously?

Perhaps there is an explanation for this that is completely eluding me, but graphs, in and of themselves,. are pretty simple. If there are convoluted aspects, it's in the methodology of gathering, calculation or interpretation.

I haven't a clue however.

So in the year from 1st qtr 2016 to 1st qtr 2017, the corporate profits had risen just over 2.5% from what they were, whereas wages had pretty much continued to stay stagnant during that 1 year period.

Fast forward to include what became large gains in the stock market and you find that corporate profits continued to increase (year over year) to eventually be 5% higher than the year before (i.e, compared to 4th qtr 2016).... AND with passage of the tax cuts for the wealthy, which included a hefty cut of the corporate taxes from 35% down to 21% (and all the corporate finagling to maximize their write-offs around that time), their profit soared compared to the same time in 2016 & eventually compared to 2017 (when you look at where they are today in 2018).

For some specifics - here was the stock market averages on 1/20/16 -

i am not going to share with with my friends unless i can provide a source.

...on the chart. At least by my lights. Federal Bureau of Labor statistics. Etc.

Also note the CAP ACTION logo.

...will go bankrupt.

... explains why they want another tax cut.

-- Mal

. . . just before the sudden jump and just after is pretty much the same.

So, the organic growth rate of profits appear to be about the same, and the entire delta is created by the firms paying less taxes and not passing any of that new net income onto the people that work there.

Hawley was 100% Trumper on everything including the tremendous wage increases that his policies on tax cuts and trade have supposedly created. McCaskill called him out on it saying twice that the tax cuts have not lead to wage increases as this diagram illustrates. Hawley was even reluctant to break with Trump on right to work, despite the fact that Missouri just overwhelmingly voted it down 70-30.

This will come in handy for the holiday tableside "chats" I am anticipating.