Steel corporate profits are skyrocketing while - few jobs are created. Posted: Nov 14th, 2018 - 11:11 am
Just to be clear, most of us saw this coming. While the tax breaks helped these corporations invest in their companies, most of them are investing in labor cutting machinery. In other words, it's not really helping us at the bottom of the food chain but it is helping those at the top. The tariffs might be helping keep cheap steel out of here but these places are looking for cost saving, labor cutting ways to make bigger profits and cost decrease will not be passed down to the consumers. Is this what republicans call winning?
LINK/URL: Steel corporate profits are skyrocketing while
Post A Reply Reply By Email Options
Complete Discussion Below: (  marks the location of current message within thread)
|
