Are Americans prepared for the increase in their cost of living due to Trumps latest tariffs?

This page is a permanent link to the reply below and its nested replies. See all post replies »

SW-User

Wages have remained stagnant for decades. So it'll cost them for sure

SimplyTracie · 26-30, F

@SW-User According to Trump, people have recently received bonuses and pay raises because of his tax reform.

SW-User

@SimplyTracie Companies used the tax cuts to buy back their stocks. It made their stocks stronger, therefore, allowing themselves to get bonuses. The majority of stock owners are also the 1%, so the stock boom made the 1% richer.

Look at this chart. Wages have been stagnant for 40 years. Trump has done nothing that hasnt been done before. Bush and Reagan lowered taxes and wages still remained stagnant. HELL! Even Obama lowered the taxes of the rich. And nothing happened. It's all BS

[image deleted]

SimplyTracie · 26-30, F

@SW-User I get it but your talking to the choir. Trump keeps repeating the tax cuts over and over thinking that I’m gonna buy into his BS. I ain’t buying.