@revelette1,
revelette1 wrote:
What a boon the tax cut has been, for the corporate CEOs.
You should also add for workers of all kinds who can more readily find multiple sources of employment; savers and investors throughout the society who are seeing better returns on their investments - (this includes public and private pension funds, 401K or IRA holders and many others.
The relative scarcity of labor in the current economic situation does indeed create forces that raise salaries and income, particularly in highly competitive areas, and those increases are , notwithstanding the prejudices of the VOX reporter you quoted , quite visible in our economic current data.
These things, of course involve the voluntary decisions of workers and employers in economically competitive situations. Money flows to the goods and services most desired, and in the shortest supply. That's how free markets work. The history of government managed economies is one of poverty and tyranny.