Page 6 - Wage Base News Today

Your Social Security likely won't be anywhere near the $4,194 maximum benefit.

Your Social Security likely won't be anywhere near the $4,194 maximum benefit.

When 25% of all boeing airplanes made in america are sold to china, when 30% of the soy beans that american farmers grow is sold to china, china will simply raise the prices of those goods which means that the chinese instead will buy airbus or theyll by soy beans from brazil with a huge surplus. >> doesnt the president have a -- as ham fisted as this is, doesnt the president have a point and which he has agreement from bernie sanders and agreement from left wing economists that, look, this has ...

Get the recipes at walnuts.org. >> steve: we been clear on thess has to do this year was deliver on the promise to get the economy moving. you wouldnt think it the way the elite talk. but we have an economic crisis right now. a crisis of jobs and incomes. ive been saying the top priority should be a big corporate tax cut in a big investment in infrastructure. those things would boost the economys productivity which is what a wage base depends on. were waiting on someone infrastructure but the ho...

This country? >> of course, thats a very difficult question. in the aggregate, this does reflect my business mindset. you cant run the deficit forever. theres legitimate opinions to the contrary. i dont think its good math. we continue the leave that debt to our children. either by sort of growing the wage base, grow revenue or cut expenses do, something, were going to i think overtime need to cover our expenses which were not doing at all. >> neil: can you grow your way out of that? can you rev...

Minimum wage its because democrats did it. i think its time for us to raise that wage from $7.25 to $10.10, tie it to inflation so we dont have to engage in these debates again and let that benefit 30 million people across this country and raise the wage base. i think its important to move from there to things like how do we create jobs and grow the economy for all of the middle class. how do we invest in infrastructure to rebuild the nations infrastructure. those are things that are important t...

>> corporations have used the excuse of a stalled economy for not investing their capital that they have been sitting on. and they have used the excuse of instability and what congress was going to do or not. you know what, we have cleared the decks. time to loosen up that capital. put it into the economy. start hiring again. you know, on minimum wage, were talking about an effect on a small number of people, those significant. raise that wage base. its not going to hurt this economy at all. >> ...

Comes with it. but your point too is also one of the other points that jeff makes is that a lot of corporations are keeping their profitability and their revenue abroad where they dont get taxed and basically theyre hiding it out there and the tax laws need to be reformed. >> well, heres what happens is, you get rid of your american workers, get rid of that wage base, youve got chinese workers, but youre right, the profits then go to the corporate executives and the shareholders. thats why you g...

Latest updates on this topic.