Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

mucifer

(23,535 posts)
Mon Sep 3, 2018, 05:51 PM Sep 2018

Check Your Wallet: Can You Find the $4,000 Trump Promised You?

?itok=RWQbOdYj

It was a promise that couldn’t have been clearer: when President Trump sold his tax scam to Congress and the American people, he said the average family would see a $4,000 pay raise from their employers. “I would expect to see an immediate jump in wage growth,” added Kevin Hassett, head of Trump’s Council of Economic Advisors.

That was last October. The tax bill passed in December, and it’s now Labor Day, a good time to review how if at all the Trump-GOP tax scam is actually serving working people.

For most of them there’s a simple answer: it’s not. They’re still waiting for that $4,000 pay raise they were promised. Trump admitted as much (unknowingly perhaps) when he boasted during a speech marking the six-month anniversary of the tax cuts that “more than 6 million workers have received bonuses, pay raises, and retirement account contributions” because of the new law.

But do the math. Six million workers are barely 4% of the overall U.S. workforce of 155 million. So how about the other 96%? Incredibly, when you add in the rising cost of gasoline, prescription drugs and other necessities, real wages for most Americans have declined from a year ago.


https://www.commondreams.org/views/2018/09/03/check-your-wallet-can-you-find-4000-trump-promised-you
15 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Check Your Wallet: Can You Find the $4,000 Trump Promised You? (Original Post) mucifer Sep 2018 OP
I keep looking but I can't seem to find it. CatMor Sep 2018 #1
With inflation my wallet grows thinner by the day. rurallib Sep 2018 #2
Funny, the ever shrinking worker's wages is exactly what is happening in Russia too. Farmer-Rick Sep 2018 #3
IQ45 put mine in HIS wallet. LoisB Sep 2018 #4
But there is a raise Bernardo de La Paz Sep 2018 #5
It bypassed my wallet and went straight to a 1%ers wallet MiniMe Sep 2018 #6
The people who believed ... NanceGreggs Sep 2018 #7
Maybe Dubya can find it behind the curtains with the WMDs. AwakeAtLast Sep 2018 #8
Stole my reply tavernier Sep 2018 #9
That usually happens to me! AwakeAtLast Sep 2018 #10
Nope. I'll get $230 more this year in my paycheck haele Sep 2018 #11
I Can't AnnieBW Sep 2018 #12
Trump said we would get 'so rich, so fast' RussBLib Sep 2018 #13
Melania used hers to buy her gardening outfit. Totally Tunsie Sep 2018 #14
His stupid ass tariffs killed my shot at a decent bonus. roamer65 Sep 2018 #15

rurallib

(62,406 posts)
2. With inflation my wallet grows thinner by the day.
Mon Sep 3, 2018, 05:58 PM
Sep 2018

The inflation and the potential crash of the economy are real world concerns.

Farmer-Rick

(10,163 posts)
3. Funny, the ever shrinking worker's wages is exactly what is happening in Russia too.
Mon Sep 3, 2018, 06:15 PM
Sep 2018

Of course their average wages are about a third of what the US average wage is. But if ever declining poverty wages are good enough for Putin's people, they are good enough for Americans.

NanceGreggs

(27,813 posts)
7. The people who believed ...
Mon Sep 3, 2018, 08:41 PM
Sep 2018

... they were getting a $4,000 tax break are the same people who believed Trump could force Mexico to pay for his wall, and that he'd bring jobs back to US - despite the fact that he has everything used in his hotels and golf resorts manufactured in low-wage countries overseas.

Sadly, there is still no cure for stupidity.

AwakeAtLast

(14,124 posts)
10. That usually happens to me!
Mon Sep 3, 2018, 09:16 PM
Sep 2018

Guess my fingers were flying faster today. Must have been the extra sleep on this day off.

haele

(12,648 posts)
11. Nope. I'll get $230 more this year in my paycheck
Mon Sep 3, 2018, 09:45 PM
Sep 2018

A Govvie senior engineer who makes around $120k is only getting around $750 or so this year.
Not counting the increase in health premiums, mind you.
And we both get to pay more in taxes next year.

Some $4000 gift from the Troll.

Haele

RussBLib

(9,006 posts)
13. Trump said we would get 'so rich, so fast'
Mon Sep 3, 2018, 11:06 PM
Sep 2018

No doubt that added to his ... appeal.

An epic liar, unlike any we have seen before.

roamer65

(36,745 posts)
15. His stupid ass tariffs killed my shot at a decent bonus.
Tue Sep 4, 2018, 12:01 AM
Sep 2018

I hope the fucker has a heart attack and dies.

Or better yet, chokes to death on a KFC chicken bone.

Latest Discussions»General Discussion»Check Your Wallet: Can Yo...