Two guys probably making at least six figures complaining about people making less than $10/hour tip wage + tips getting a tax break. And they wonder why Americans are pissed.
The question is: Why do wages not out pace inflation? IMO a big part of the answer is the laptop class (white collar) is flooding blue collar jobs with illegal immigrants while utmost protecting their own (overpayed by international standards) white collar jobs with very strict h1b rules etc. Stopping illegal immigration and opening the h1b floodgates wood do this country an immense service (and disproportionately to those hit hardest by covid and the K shaped recovery you mentioned). In an inflationary scenario with full employment, blue collar should normally do quite well, as they can „print“ goods and services as opposed to just numbers in a database.
so much value as usual. Thak you Carlie and Peter for your sharing your knowledge with us!!
Good info, thanks Peter and Charlie, especially for putting many recent and historical events in perspective.
Thank You Charlie Bilello and Peter Mallouk.
Thanks guys.
thanks guys!!
Muchas gracias
So what are your best tickers to look at? Please share. Thank you
any plans to join Bluesky app?
💛💛💛
Goood
Why?
Two guys probably making at least six figures complaining about people making less than $10/hour tip wage + tips getting a tax break. And they wonder why Americans are pissed.
Taxes under Trump. Requiring that inherited IRA an ROTH distribution be taken with in Ten years is a big TAX increase
Wasn’t that informative.
Income taxes--huge change in income tax for businesses. No?
What is Trump going to do when Estate taxes rolls back next year ?
Bilello loves trump and Elon, gets his news about immigrants from Twitter sheesh
They are definitely leaning Democrat, imho.
The question is: Why do wages not out pace inflation?
IMO a big part of the answer is the laptop class (white collar) is flooding blue collar jobs with illegal immigrants while utmost protecting their own (overpayed by international standards) white collar jobs with very strict h1b rules etc.
Stopping illegal immigration and opening the h1b floodgates wood do this country an immense service (and disproportionately to those hit hardest by covid and the K shaped recovery you mentioned). In an inflationary scenario with full employment, blue collar should normally do quite well, as they can „print“ goods and services as opposed to just numbers in a database.
you guys just guessing like everybody else - move along nothing to see here