Posted on 01/26/2018 11:01:43 AM PST by Thalean
FedEx joins the growing list of companies who are celebrating the GOP Tax Cuts and Jobs Act by sharing the profits with employees, and investing in America. Today, FedEx announced that it will invest over $3.2 billion in bonuses, wage increases, employee benefits, and new jobs.
The official announcement states that FedEx will:
"Over $200 million in increased compensation, about two-thirds of which will go to hourly team members by advancing 2018 annual pay increases by six months to April 1st from the normal October date. The remainder will fund increases in performance- based incentive plans for salaried personnel.
A voluntary contribution of $1.5 billion to the FedEx pension plan to ensure it remains one of the best funded retirement programs in the country.
Investing $1.5 billion to significantly expand the FedEx Express Indianapolis hub over the next seven years. The Memphis SuperHub will also be modernized and enlarged in a major program the details of which will be announced later this spring."
(Excerpt) Read more at nationaleconomicseditorial.com ...
Crumbs...
Nancy Pelosi:
CRUMBS!.......................
Yep this is just crumbs. And Nancy P said the tax bill was Armageddon. Would be a disaster and all that.
The liberal talking point seems to be, that Obama’s economic policies are kicking in now, and that’s why the stock market and economic turnaround have happened. Per liberals this has nothing g to do with the tax bill or any of Trump’s policies.
3.2 billion crumbs.
More of Grandma Pelosi's insignificant "crumbs" for the little people. She prefers citizens survive on scrapings from her dinner plate rather than being compensated by their employers for honest work.
“...that Obama’s economic policies are kicking in now...”
Obama’s policies kicked in after his inauguration. And everything slid backwards downhill from there. It is more of his lying crap for him to take credit for what is happening now...but everyone with half a brain knows. His anti-American, Marxist policies are his legacy.
THIS tax reform and its long-term implications is SO MUCH BETTER THAN THAT!
We have not yet even begun to win...this extra cash will make its way back into the economy because it's real money, and it will have huge ripple effects throughout the economy.
If you are able to, but are not presently invested in the US stock market, you are losing bigly. Don't say you weren't warned.
Bah! Crumbs.....
(I am on the receiving end of this.) Their choice as to what to do is a good one in my view. The salary increases are merit based, rather than a flat dollar amount for each employee.
Come on....We’re simply starting to see the benefits from the cash 4 clunkers and shovel ready stimulus! The recovery summer!
Pretty shrewd guy that Obama.
In office for eight years and his strategy is: keep the country in the doldrums but plant the seeds to bear fruit after he leaves, benefitting his predecessor.
Moving the salary increase six months sooner is an increase.
They were so consumed with TDS, that not a single Democrat voted for this economic miracle.
It’s hard to fathom the dearth of critical thinking and political calculation that led to such a catastrophic blunder.
In the lead-up to the midterm elections in November, the Democrats will still be running on #Resistance!, while America is in the midst of an historic economic boom, brought on by President Trump and the Republicans.
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