05-23-2016, 01:14 PM
(05-23-2016, 11:56 AM)Anthony Wrote:Quote:Only one policy of his might help wages rise, and that is his trade policy. Even that one could backfire if carried out poorly. But in other cases he is against policies that would help the working poor and middle class. We already have tax forgiveness for the poor. Trump would only make taxes higher on the rich and lower on the poor if forced to by a Democratic congress, which he won't have if he is elected. No, he'll be able to do as much as he can for his fellow crony capitalists. He opposes raising the minimum wage, which is essential. His policies would hurt poor immigrants, which add to the economy, not subtract as he says. His massive cuts to government spending and regulation would not benefit workers, but hurt them. His advocacy of climate change will hurt the economy in a massive way. And how is he going to help unions organize more easily? That is essential to getting wages raised. He might stop companies from relocating outside the USA, but will he stop the massive buyouts and automation? How will he see that workers get more of the benefits of productivity so that the millionaire and billionaire bosses don't get it all, like they do now? Higher taxes on the wealthy and redistribution to the poor and middle class is the only way I can see that the government can help this to happen. Trump will not propose this.
We only have total tax forgiveness for the working poor who have tons of kids. If you're single and make over $10,000 a year - that means any single person who has a full-time job - you do pay federal income tax, in addition to FICA, and regressive state sales taxes, etc. Trump would take that $10,000 figure and make it $25,000. And if deporting poor immigrants would hurt them, then I guess that Trump would "hurt" poor immigrants - while greatly helping poor citizens; and who cares what the statutory minimum wage is, when the prevailing wage on the "free market," rigged by massive labor shortages, is higher than what even the most progressive politicians would advocate raising the minimum wage to?
I think it's already much higher than $10,000; I know people who make much more than that and pay no income taxes. It's already more like $25,000. Trump offers nothing for low income people. Deporting poor immigrants only opens up jobs to those who don't do them, and which pay too little anyway. There is no labor shortage; why complain about that if you are concerned about immigrants stealing our jobs, as Trump and his followers claim? There is no net immigration today; Obama has been the toughest president ever on illegals. There is a massive labor surplus and chronic unemployment because the Trump class sends jobs overseas, automates factories, buys out smaller companies, fires workers, keeps wages low, keeps liberals out of office, causes recessions with speculation, etc.
