Donald Trump is betting that Americans crave trillions of dollars in tax cuts — and that growth will be so fantastic that it's not worth worrying about budget deficits.

From WABE Politics News:

Donald Trump is betting that Americans crave trillions of dollars in tax cuts — and that growth will be so fantastic that it’s not worth worrying about budget deficits. In short, […]

  • ChonkyOwlbear@lemmy.worldEnglish
    2·
    2 months ago

    While I agree in principle, it’s pretty clear that corporations would just react to a minimum wage increase by increasing prices further. I can see why Harris is pushing for anti-price gouging measures first.

      • ChonkyOwlbear@lemmy.worldEnglish
        1·
        2 months ago

        In the US, corporations and labor have fought viciously for at least a century and a half. The anticommunist sentiment after WW2 made people freak out about socialism any time workers rights are discussed. Conservative ideology despises any government intervention in the economy, so getting any laws passed in this area is next to impossible. If they had their way the minimum wage would be eliminated completely.