Detailed text transcripts for TV channel - CNN - 20180207:00:34:00
To the supply side puts pressure downward prices so you have supply. so they have to cut prices in order to sell their stuff. so we think the wage data we are seeing. >> unless they are raising wages, in that case would cause upward is this. >> no, if wages are going up, and productivity going up. >> wait, are you saying that companies are not going to use tax cuts for wages? >> remember, we talked this on the show before. there is a link. tax cut causes capital formation. increases productivity and that goes through wages. i think the surprise for me since we last talked about this is wage in...
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