Comments by "whyamimrpink78" (@whyamimrpink78) on "" video.
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Saying that 50% earn $30,000 a year or less is very deceptive. As the person in the video said, many are part time or short term. You also need to factor in cost of living, household income and so on. You can't just go off of what an individual makes alone, you need to include other factors. For example, I earn $23,000 a year but I am fine due to how low the cost of living is where I live.
It isn't just unemployment, labor participation is no longer dropping when it has been dropping for years prior. So more people are looking for work and finding jobs.
Buying stocks means a company has more to invest meaning more jobs. As for buying power dropping that is arguably not true. If you use PCE or GDP deflator method of inflation wages have outpaced inflation. CPI hash many shortcomings such as failure to account for technological advancements. For example, while a car is more expensive today in pure sticker price, cars today last longer, get better gas mileage and are safer, all that saves money in the long run.
On corporate taxes, in order to pay a lower rate they have to hire a team of accountants and lawyers to take advantage of those loopholes. By lowering the rate corporations no longer have to do that and can invest money elsewhere generating more wealth. Many times some parts of a tax code is an excuse for the government to create frivolous jobs.
I enjoy how you try to show how bad this video is while omitting important information.
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