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Re:Ex-SolarCity employees: We were fired after reporting mil... by zaroth on Tuesday July 31, 2018 @02:58PM (#17656002)
The gains to the working class is seen in the lowest unemployment numbers ever, a rising workforce participation rate, and starting to see the first wage growth for the working class in decades.

That’s because that extra 33% in our bank balance means more marketing spending, more inventory, more open reqs for hiring sale, marketing, support, and engineering, etc. etc.

E.g. This WSJ post which is also on the front page: “U.S. Workers Get Biggest Pay Increase in Nearly a Decade”

https://www.wsj.com/articles/u-s-employment-costs-rose-in-th...

Re:Ex-SolarCity employees: We were fired after reporting mil... by dragonwriter on Tuesday July 31, 2018 @06:18PM (#17657772)
> E.g. This post which is also on the front page: “U.S. Workers Get Biggest Pay Increase in Nearly a Decade”

You mean this one [0] that was flagged off the front page afte the discussion thread pointed out it was using figures not adjusted for inflation, where the inflation-adjusted figured show a decline of 0.1% percent in wages?

[0] https://news.ycombinator.com/item?id=17655634

Re:Ex-SolarCity employees: We were fired after reporting mil... by s73v3r_ on Tuesday July 31, 2018 @06:09PM (#17657708)
"The gains to the working class is seen in the lowest unemployment numbers ever"

Which isn't being accompanied by wage gains, and were going up long before the tax cuts happened.

"That’s because that extra 33% in our bank balance means more marketing spending, more inventory, more open reqs for hiring sale, marketing, support, and engineering, etc. etc."

Which is great, except the vast majority of companies are using that 33% for stock buybacks.

Re:Ex-SolarCity employees: We were fired after reporting mil... by zaroth on Tuesday July 31, 2018 @08:16PM (#17658526)
> Which is great, except the vast majority of companies are using that 33% for stock buybacks.

That’s certainly a popular talking point, but I think frankly it’s impossible;

“Publicly traded companies constitute less than 1 percent of all U.S. firms and about one-third of U.S. employment in the non-farm business sector.”

Re:Ex-SolarCity employees: We were fired after reporting mil... by s73v3r_ on Wednesday August 01, 2018 @11:50AM (#17663620)
"That’s certainly a popular talking point, but I think frankly it’s impossible;"

Think what you want, but you're not entitled to your own facts. And the facts show that, most publicly traded companies used the money for buybacks, and that wages did not grow very much in the last quarter, which one would expect if these tax cuts were going to go to wages. Which they didn't.