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by jayess 2745 days ago
Why aren't you asking this of all the comments in this parent? People seem to be blaming Verizon cutting 10,000 jobs on the tax cuts. Or claiming that jobs weren't created. Or that somehow the tax cuts were an economic negative. None of those things can be attributed to causation.
2 comments

People seem to be blaming Verizon cutting 10,000 jobs on the tax cuts

At no point was that ever insinuated. The simple idea is that the tax cuts were sold as a way to give companies financial resources to boost salaries and hire new people. Well they got their tax cuts, why are they doing the opposite of what the tax cuts were supposed to do?

Maybe it's because the tax cuts were never going to boost salaries and increase hiring. You have to be pretty deluded to come to the conclusion my comment was blaming the layoffs on the tax cuts.

> At no point was that ever insinuated.

This is the parent comment, in its entirety:

> I'm so glad we passed those corporate tax cuts that created all those jobs and helped provide for all those raises everyone got....

If that doesn't count as insinuation, then nothing does.

> At no point was that ever insinuated.

Then when is the meaning of the parent comment?

> why are they doing the opposite of what the tax cuts were supposed to do?

I'm curious what news you're reading or consuming.

Wages are up 3.1% YoY (biggest increase in 10 years) and unemployment lowest since 1969: https://www.cnbc.com/2018/10/31/wages-and-salaries-jump-by-3...

2.7 Million more full-time jobs since January 1, when the tax cuts went into effect.

>Wages are up 3.1% YoY

>Real average hourly earnings increased 0.7 percent, seasonally adjusted, from October 2017 to October 2018.

Eh... https://www.bls.gov/news.release/pdf/realer.pdf

> At no point was that ever insinuated

Are you serious man? Why be so dishonest? It's clear as day that that's what you were insinuating. Why lie like this?

> Why aren't you asking this of all the comments in this parent?

I don't need to ask everyone in the thread, polluting the thread. I'm asking why you have made several statements in this thread insinuating the corporate tax cut has benefited the economy, with no evidence. My comment includes citations. Bring data, not feelings or unsubstantiated opinions.

I was simply providing numbers as a counterbalance to those that were weirdly lamenting that the tax cuts are responsible for job cuts, similarly without evidence.
Tax cuts were sold to the American people as something that would bolster jobs. Clearly, that has not been the case (GM = 15k job cuts, Ford = upwards of 25k job cuts, Verizon = 10k job cuts).

It is not a weird lament; it is calling out the lies of trickle down economics.