Trump's Economy Still Unable to Rise above 3% Growth

Social services cost around fourteen dollars an hour, by comparison. It is a place to start. We could simply ask academia to provide a Pareto Optimal solution.

 

His stock market ain't doing that well lately either.

 

Are you kidding me?

Effective June 1st, 2018

Import duties of 25% on steel, 10% on aluminum for Canada, Mexico, Europe

Before June 1st, 2018, do your homework

Unbelievable! A Trump supporter who does not know that several Trump's tariffs have already and effectively been imposed. Well, that worries me.

 

No interest in the real median household income ??

 

And how/why did that happen ?? Canada, Mexico, and the EU refused to remove their tariffs. Negotiations continue without Trump blinking. Canada, Mexico, and the EU will feel the pain much more than we will.

 

That's a ridiculous way to determine wages. But that's how socialists roll. Why not make it $100 an hour ??

 

EU, Canada, China, Mexico, and the rest of the world have imposed "dollar to dollar" RETALIATORY tariffs.

......and we now have a trade war

 

But they refused to remove their unfair restrictions to US imports as requested by the US prior to the steel tariffs. There already was a trade war. This will all be negotiated soon. Trump has called their bluff and they now have to live with it. Watch what China does.

 

I don't disagree with you. I'm just not sure that $15 an hour is the right number for every single place in the US. In some places, it probably needs to be higher than $15 a hour. In other places, maybe lower.

Someone working full time should be able to support themselves without government assistance. That amount should provide enough for a place to live, food, transportation, health care, etc. Since housing costs vary so widely across the country, we don't have a one size fits all, when it comes to the amount necessary to support yourself.

What we have to stop doing is supplementing low wage workers with federal tax dollars because that allows business to underpay people and boost their own profits on the backs of the tax payer. Our tax laws can be crafted to encourage business to pay their employees a living wage instead. We continue to cut tax on business and corporations, forgetting that they use much more of tax payer built infrastructure than the individual tax payer. So, we're actually supplementing corporate profits with tax payer money.

 

If you already knew which tariffs he was talking about, why did you have to ask? I don’t think you’re too keenly aware of what’s going on beyond knowing when to roll out the typical cannned Fox talking point.

 

Because any source used as a reference would have made my point. It’s not Trump who is starting a trade war. It is Trump working to correct unfair trade restrictions on US exports.

 

I find it so refreshing to see common sense approaches to the issues, such as this. I mean, sure, ideally everyone will be able to earn a position that allows them all of this but that's just not possible. Some people aren't good enough at life for that to be the case. They aren't going anywhere, the country doesn't have the stomach to let them and their ill thought out kids starve and die.

Why should I, the taxpayer, pay for that when their employers need them alive to keep working? People are proponents of higher min wage for sappy reasons. Cold hard logic is all that is needed.

 

This is the reason conservatives should be barred from holding public office, at any level of government. This is the irresponsible incompetence that has caused the nations debt to SKYROCKET, redistributed wealth from the middle class to the richest 1%, and caused the economy to crash in 2008.

 

You've topped yourself. That was hysterical.

 

It's demonstrated historical fact, and you've been shown this by more than one person.

 

Higher than 2000 as to be expected with the market trend established by our previous President.

 

Why is it, "ridiculous"? A fifteen dollar an hour minimum wage makes rational sense to anyone on social services.

 

I agree to disagree. Places with lower cost of living simply need more infrastructure; higher paid labor can afford to pay for it, quicker.

 

So again you have nothing. No curiosity or initiative to research the real median household income ?? Sad but typical of illiberals.

 

You can’t make this up ^^. I rest my case.

 

Higher than 2000 as to be expected with the market trend established by our previous President.

http://www.usdebtclock.org/

 

You explain nothing but your ignorance of economics.

Why wouldn't capitalism work with a fifteen dollar an hour minimum wage when social services pays out the equivalent to fourteen dollars an hour, and Government puts restrictions on earnings for trying to work.

 

Too funny. How does higher unemployment help the lower income quintiles ??

 

Nothing on the real median household income ?? Command-control economics resulted in the only Presidency to never achieve any year above 3% and add ~ $10T to the National Debt.

 

What are you referring too? A minimum wage established by law, not markets; produces a "monopsony" effect on wages lower than the wage established by "command economics" of the law. Only black markets exist below a statutory minimum wage.