Opinion: After two years, Trump's tax cuts have failed Americans

[mahatmakanejeeves]

Kevin M. Kruse Retweeted

It’s the two-year anniversary of Trump’s only major legislative accomplishment: his tax law. Did it deliver on all the economic promises he made?

Over at CNN, I take a look at the numbers. The short answer is that the Trump tax scam is an economic flop.

Link to tweet

[Farmer-Rick]

1. The majority of Americans who work are sales clerks

Trump has ensured we will be a nation of sales clerks and cashiers for a good long while. These are the top jobs, the most numerous jobs in the US right now. Jobs with very low wages and barely any benefits.....

[mahatmakanejeeves]

4. I doubt that.

Retail salesclerks might make up the most common occupation in the U.S, but I doubt that more than half of all workers in the U.S. are retail salesclerks. That's what it means to be a majority. You probably mean a plurality. That is, there are more retail salesclerks than there are any other occupation. That doesn't make them a majority.

OES Chart - Bureau of Labor Statistics

The Most Popular Professions in the United States - WorldAtlas.com

What is the most common occupation in the US?
The Most Popular Professions in the United States
Retail Salespersons. This is the most common profession, and includes about 4.5 million salespeople across the country. ...
Cashiers. ...
Office Clerks. ...
Food Preparation And Serving Workers. ...
Customer Service Representatives. ...
Registered Nurses. ...
Other Popular Professions in the US.
Aug 1, 2017

Retail salesclerks might make up the most common occupation in the U.S, but I doubt that more than half of all workers in the U.S. are retail salesclerks. That's what it means to be a majority. You probably mean a plurality.

[Farmer-Rick]

5. And you would be wrong.

Majority can also mean the greater quantity. It does not always mean more than half according to Miriam Webster and the Oxford dictionary. And that was how I was using the word.

If you have numerous categories, none of them may be over 50%.

[progree]

2. Odd, he left out the increase in the national debt. Which isn't just some theoretical number

BTW, as interest on this debt must be paid to the Treasury bond holders, who are disproportionately wealthy, and more than 1/3 are foreign (39% as of Oct 2018).

The money to pay these bondholders comes out of general tax revenues that otherwise would have gone to spending on programs.

[sandensea]

3. If only more of our fellow voters realized that

So many seem to think that "record tax cuts" applies to them. Republicans won't even believe their own eyes (many are in fact paying more, thanks to limited deductions).

But then, when do they ever believe anything that isn't spoon-fed to them by hate media.