volfanhill
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You aren't wrong and its a dumb idea. I suspect the point of it is not that it is an actual proposal but is a means of calling attention to the fact that the tax breaks are making corporations and wealthy stockholders even wealthier, but that expansion of the job base has been with no real wage growth.
As I recall from report on CNBC last week, in the last year wage growth has been 2.7 percent, but inflation has been 2.9 percent. So if anything its a tiny slide backwards for the working class.
So you think anyone with a 401k is wealthy?