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Originally Posted by Love2Swim
The article you quoted also said "Most analysts think any real solution will involve a combination of higher taxes and cost savings in the government’s huge benefit programs of Social Security and Medicare."
I think it is abundantly clear, that the promises that the tax cuts would pay for themselves, were just plain wrong. And frankly, it really irks me that companies are getting these huge tax breaks, with no guarantee that they will reinvest in this country or move their business back to this country. Instead, as predicted, companies focused on buying back stocks and increasing dividends, which benefits shareholders, not workers.
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You assume workers are NOT SHAREHOLDERS? Don’t most workers have 401K or Union Pension etc? Also we now have the lowest unemployment rate in history ...that means MORE WORKERS so workers are benefitting in many different ways, Lastly, inflation is nowhere in sight so interest rates are much lower making the financing of the deficit a lot cheaper.