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Politics

Unemployment is already down; GDP is already up... - sm

Posted: Dec 14th, 2017 - 7:16 pm In Reply to: I didn't change the subject. You brought up - subsidies.

Given the fact that unemployment is already down under Trump, is it correct to say that as long as the GOP tax cuts don't increase the unemployment rate you support them?

I think of trickle down as a bit of a misnomer. A lot of people seem to lump all businesses under the same "corporate" label. They seem to imagine business-friendly policies enriching only the wealthy, established corporations. I don't think that's an accurate representation. The key is increasing competition among businesses, small and large. It's good when corporations have to compete more with small business. I'm talking about competition for both employees and revenue.

That takes more than tax breaks. Government regulation also plays a part.

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