Row 13344

Row ID: 13344 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 13344 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

We're not a command economy but also we will can force the sale of businesses that pose an economic risk to the health of our nation (see:TikTok/EV's/oil).

If we're willing to force divestment of business assets on foreign companies, we can certainly tighten wage regulations on American companies.

And there is no greater risk to American prosperity right now than the lack of wage growth. That is the literal interpretation of the poll We're discussing.

The average American's biggest enemy is "wages not keeping up with goods". Or as we call it, inflation.

So the public policy response from the US government SHOULD be some combination of "subsidize goods and increase wages".

But instead we are subsidizing geopolitical religious movements and and our central bank wants to smash wages back down.

Wages are tax exempt. Ramp up taxing every other corporate expenditure, and businesses will be forced to pay higher wages to avoid their tax burden.

They don't do this right now, because why give 100 employees an extra 20k on the paycheck when you could just buy back $2m worth of stock and see immediate returns?

The corps still want hypergrowth at all costs, and will continue to step on wages until its the only viable expenditure.

FieldValue
text We're not a command economy but also we will can force the sale of businesses that pose an economic risk to the health of our nation (see:TikTok/EV's/oil).  If we're willing to force divestment of business assets on foreign companies, we can certainly tighten wage regulations on American companies.  And there is no greater risk to American prosperity right now than the lack of wage growth. That is the literal interpretation of the poll We're discussing.  The average American's biggest enem…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-20
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Raw Record

{
  "text": "We're not a command economy but also we will can force the sale of businesses that pose an economic risk to the health of our nation (see:TikTok/EV's/oil). \n\n\nIf we're willing to force divestment of business assets on foreign companies, we can certainly tighten wage regulations on American companies. \n\n\nAnd there is no greater risk to American prosperity right now than the lack of wage growth. That is the literal interpretation of the poll We're discussing. \n\n\nThe average American's biggest enemy is \"wages not keeping up with goods\". Or as we call it, inflation.\n\n\nSo the public policy response from the US government SHOULD be some combination of \"subsidize goods and increase wages\".\n\n\nBut instead we are subsidizing geopolitical religious movements and and our central bank wants to smash wages back down.\n\n\nWages are tax exempt. Ramp up taxing every other corporate expenditure, and businesses will be forced to pay higher wages to avoid their tax burden. \n\n\nThey don't do this right now, because why give 100 employees an extra 20k on the paycheck when you could just buy back $2m worth of stock and see immediate returns? \n\n\nThe corps still want hypergrowth at all costs, and will continue to step on wages until its the only viable expenditure.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-20",
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}
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