'Armageddon:' Major Companies Announce Hiring, Bonuses, Raises, and Charitable Donations Thanks...

Townhall.com ^ | December 21, 2017 | Guy Benson

[jazusamo]

Full title: 'Armageddon:' Major Companies Announce Hiring, Bonuses, Raises, and Charitable Donations Thanks to Tax Reform

Nancy Pelosi is running out of hysterical pejoratives to hurl at the now-passed GOP tax reform bill, which will cut taxes for 80 percent of Americans. She's already called it "armageddon," and the "end of the world," adding " Frankenstein " to the list just today. Oh, and poor little "Tiny Tim!" These are patent absurdities. The bill is a mostly-good mixed bag that will make US companies more competitive and allow the overwhelming majority of taxpayers to keep more of the money they earn. But the unglued demagoguery -- including the nutty shouting that tax reform will kill thousands of people -- is already being contradicted by reality. Despite attestations from a large majority of manufacturing CEO's that they'll expand their businesses as a result of tax reform, liberals confidently predicted that the legislation would do nothing to help workers or raise wages. How's that going ? Behold, Armageddon:

View image on Twitter

Jonathan Tamari

✔@JonathanTamari

Comcast says it's giving $1k bonuses to more than 100k employees, citing tax bill and FCC's net neutrality decision:

3:06 PM - Dec 20, 2017

Congratulations, err, NBC employees, who work for Comcast. More abject human suffering :

Continued

[bert]

You would make a good left wing democrat. Profits are the reason for being in business.

[RipSawyer]

You would make a great long jumper. You jumped to that conclusion from ten miles away. I’m as far away from a left wing Democrat as one can be and having run a company of my own successfully for twenty years before retiring I am WELL aware of the reason for being in business but I am also aware that some companies will do almost anything imaginable to avoid paying a decent wage, including raising the entry pay when they have to because they can’t find new hires who will accept their rate and failing to bring old hires up to the new rate. I’m all for pay based on merit, more productive people should definitely be paid more than those who are less productive but if your old hire is not even worth the new entry level pay you need to discharge him. Also I have seen too many instances of people finding a new job because their employer is stingy with money and then the company goes out and hires a replacement who, regardless of experience or qualifications, knows nothing about that company and will require a “break in” period, at a much higher rate than they would have had to pay to keep the old employee. I have seen it many times and I consider it to be a bad way to manage.

[Lakewood]

Well said and correct. Seen it first hand myself.