Loading ...In my view the only thing that’s just about done now is the humongous placebo effect on the economy. That started last August. I don’t care if they achieve 2% unemployment, it won’t get general taxpayer wages higher WITHOUT legislation. Plain and simple.
We are in a fake manually adjusted man made centrally planned economy that is falling apart, because people running it, big business are stingy and won’t pay anything they don’t HAVE to pay. They pay taxes right? Supposedly 35% goes to gov’t waste $4 trillion in Iraq for example.
The central planners are the swamp creatures. They need to screw themselves, or rather screw the gov’t, by dropping their tax as Trump said from 35% to 10 or 15% and they’d have more money to pay mandated livable wages.
Very low wages allowed by the naturally greedy businesses influences is a net tax break, or subsidy for themselves. Raising the minimum wage (on themselves) would be like a tax INCRESE paid for by less tax money paid to the US treasury instead of to the workforce that actually pays for EVERYTHING including business generated profits. All the profits ultimately come from the paychecks of the masses.
Even if a deflation sets in, Gold will go up because the deflation will prove or expose incompetence of the central planers. Their media have been just about BEGGING (or falsely implying) for higher taxable, spendable, wages and its not happening, even with their so-called 4% unemployment.
They have been winning with words, that’s about it so far.