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TopicTax cut went towards stock buybacks, not wages
Esrac
06/28/18 10:08:27 AM
#45:


Not really surprising. Businesses don't really have a lot of motivation to increase worker salaries unless they're afraid those (skilled) workers might leave to work for someone else.

Most people, I imagine, are some kind of unskilled worker because they can't acquire the education or training for one reason or another. So, their wages probably aren't going up.

I'm in the unskilled camp and my employer only gives pay raises of about 1 - 1.5% a year. Which is nothing when you're only making $9 - 11 an hour. Part of the reason I decided to enlist in the Navy.

Though I don't know how valuable my rating skills will be if I get out after 4 years.
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