Skewering of Leftist Economic "Conventional Wisdom"

[finnbow]

“Despite a handful of high-profile announcements, the recent cuts in corporate taxes haven’t yet had a meaningful impact on American companies’ plans to boost investment or raise workers’ pay, a CNBC survey of large companies found. … Only 9 companies in the S&P 100 contacted by CNBC said they have specific plans to use some of the money saved from the corporate tax cuts to boost worker pay or invest in facilities or charitable causes.”

https://www.washingtonpost.com/blogs...ny-bonus-ploy/

[whell]

Originally Posted by finnbow

“Despite a handful of high-profile announcements, the recent cuts in corporate taxes haven’t yet had a meaningful impact on American companies’ plans to boost investment or raise workers’ pay, a CNBC survey of large companies found. … Only 9 companies in the S&P 100 contacted by CNBC said they have specific plans to use some of the money saved from the corporate tax cuts to boost worker pay or invest in facilities or charitable causes.”

https://www.washingtonpost.com/blogs...ny-bonus-ploy/

It hadn't even been a month yet. Sheesh. Also, the only companies that have to make announcements are those that are publicly traded.