Hysterical Headlines (Funny or Absurd) for May 3rd - Rubio's new friend

posted by Brian Mudd - 

Hysterical Headlines (Funny or Absurd) for May 3rd - Rubio's new friend  

Bottom Line: Your daily doses of nonsense in the media and my takes on them  

Hot Take: Well it's not hard to explain. Rubio's saying what she is about taxes. The thing is they're both talking out of their rear ends. Once again, I'll introduce those pesky inconvenient facts. Average private sector wage growth year over year 2.9% - best since 2007. Average pace of 2018 wage growth, 3.6%, the best since 2005. Average tax savings for the average full-time employed person earning $48,000 this year, $1800.  

But still you get those that point to those evil corporate stock buybacks and dividend payments. First, things first, companies are people, and those people happen to employ people, you may have accidently noticed that the unemployment rate is the lowest it's been since 2000, with oh btw, the lowest Black and Hispanic unemployment rates ever. Funny thing, if companies are more profitable they have more money to hire and expand too. Yeah but still that buybacks and dividends... Here's the thing 52% of Americans own stocks so the average person benefits from the companies doing that too. But all that requires placing people and the best interests of the American economy ahead of politics – a lot to ask of some politicians. It's easier to prey on ignorance.  

Hot Take: Just another day in the news. It's frankly stunning how outlandish the regular sampling of news is from one day to the next.  

Until tomorrow...        

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