Impact of the tax cuts

Only 3x in history have wealth inequality & the stock market been at their peak the exact same time corporate tax rates were at their low.

1. Great Depression
2. Great Recession
3. And now…

And each of those times the @GOP controlled all three houses…https://t.co/SGGzy0wYkl

— ALBΞRT MacGloan (@AlbertMacGloan) July 24, 2018

Other countries will make trade deals without us

Trump’s tariffs will hurt the US. Other countries will be glad to make trade deals that leave us out.

The EU and Japan have signed a major trade deal eliminating most tariffs. https://t.co/VBP68LktG4

— Axios (@axios) July 17, 2018

The European Union signed its largest trade deal ever, a pact with Japan that will slash customs duties on products like European wine and cheese, while gradually reducing tariffs on cars https://t.co/NHlUiMyOqO

— The New York Times (@nytimes) July 17, 2018

Meanwhile, in a parallel universe, the EU and Japan are today signing the largest free trade deal either of them has ever negotiated. It will create an open trade zone covering nearly a 3rd of the world's GDP https://t.co/SO84O8OQ3A

— Ian Dunt (@IanDunt) July 17, 2018

China looks to get cozy with EU in annual talks as Trump tariffs bite https://t.co/Mbv9P8OfNy pic.twitter.com/4xCHrl7TKG

— Reuters Top News (@Reuters) July 16, 2018

CEO of Chinese retail giant https://t.co/IQbSMPuYZF on U.S.-China tariffs: "For my company, I can tell you it’ll be OK. Anything we cannot import from the U.S. we can get from Europe, Japan or other countries." https://t.co/6LKPXtE6oC

— Axios (@axios) July 16, 2018

U.S.-China trade row helped BASF land $10 billion Guangdong chemicals coup: sources https://t.co/bQ0pkr6vtf pic.twitter.com/iSCNDVd7qY

— Reuters Top News (@Reuters) July 11, 2018

Paychecks lag as profits soar

Good articles on how workers have not benefited from economic growth.

Wage growth at 3% means that the profit on sales increases, which means that Trump supporters are subsidizing those with fewer expenses and greater assets that grow due to the higher profit from lower wages. Thank you!!!–https://t.co/EGTA8D1WJw

— Scott Haas (@scotthaas27) July 14, 2018

Is it great to be a worker in the U.S.? Not compared with the rest of the developed world. The U.S. has very high income inequality, a very high % of low-wage workers & an unusually stingy system of unemployment benefits. https://t.co/bZfCzY6TTB pic.twitter.com/xyUoPg1dYx

— Steven Greenhouse (@greenhousenyt) July 5, 2018

Six months after the Trump tax cuts " real wages fell 1.4 percent from the prior year" https://t.co/s7cfN1LCow

— Heidi Przybyla (@HeidiPrzybyla) July 15, 2018

Stuck wages for most U.S. workers looks like more than a blip in the booming economy, and some mainstream economists say the government may have to step in.

https://t.co/6Sfb6qhIsg

— Axios (@axios) July 15, 2018

Real median earnings, full-time workers, have been falling on yearly basis for the past 3 quarters, as per BLS data out this AM. This may soon be the longest expansion on record, but it sure isn't consistently reaching a lot of people's paychecks. pic.twitter.com/78ByEgw8Jr

— Jared Bernstein (@econjared) July 17, 2018

Usual weekly earnings for fulltime workers ⬇️0.7% over the year after adjusting for inflation as rising prices more than wiped out modest wage gains, says @BLS_gov.

The economy is not increasing working families' living standards.https://t.co/qwvWmiNNDB pic.twitter.com/sFbtYbUqTB

— Aaron Sojourner (@aaronsojourner) July 17, 2018

US agricultural exports to Europe are up

US agriculture exports to Europe up 55% 2006-2016, reports USDA https://t.co/lyaZUHuQI3 https://t.co/dVfH5P4w9K

— David Frum (@davidfrum) July 10, 2018

Impact of automation on the 2016 election

The 2016 election will never die!

A new study shows that increasing automation in the United States over recent decades could have swung the 2016 presidential election in Trump's favor. https://t.co/Cpsz26DhaQ

— Axios (@axios) July 9, 2018

Products affected by tariffs

A look at products targeted by US, China tariffs https://t.co/86hI4wn5QJ

— Zeke Miller (@ZekeJMiller) July 6, 2018

Reducing the trade deficit forces lower investment

This is not an accidental side effect.

Reducing the trade deficit means reducing the capital account surplus. It forces lower investment.

When done quickly and chaotically, it is likely disastrous. https://t.co/WYCkQmQ14n

— Adam Davidson (@adamdavidson) July 6, 2018

American tech workers are going to Canada

This article states:

“The spike in applications and hiring adds to the evidence suggesting that President Trump’s immigration crackdown is resulting in a loss of tech workers to Canada. ”

Sad!

Trump lie about auto imports

https://t.co/hPi5oOpciE pic.twitter.com/oJ8jt6dgsa

— Share the Facts (@sharethefact) July 2, 2018

Not true!

The article states: “Together, Mercedes, BMW and Volkswagen imported less than a million cars into the United States in 2017, not “millions.””

Trump lie about GDP

https://t.co/WBbpsSesYB pic.twitter.com/rb1RHwtBFW

— Share the Facts (@sharethefact) July 2, 2018

The article states “This is inaccurate two ways. First, the most recent saw GDP growth of 2.0 percent, not 3.2 percent. And second, exceeding 3 percent GDP growth in a quarter is not an unusual achievement — Obama accomplished it eight times. The real achievement would be a full year at 3 percent, which hasn’t happened under Trump yet.”