Tuesday, August 7, 2018

WEST WING READS 08/07/2018 TAX CUTS LEADING TO HIGHER WAGES!

Tax Cuts Delivering the Relief Small Businesses Need

It’s undeniable that tax cuts have played a crucial role in America’s economic resurgence. Still, when it comes to their impact, there’s nothing more powerful than hearing directly from our country’s small business owners.
Small Business Administrator Linda McMahon shared some of these stories this week. “This truly is a golden age for small business,” she writes. “For the first time on record, there are more job openings than unemployed people looking for work.”

In The Wall Street Journal, Bruce Meyer and James Sullivan write that when it comes to poverty in America, “the White House tells the truth, but partisans on both sides are wedded to the idea of failure.” Their conclusion: “Encouraging self-sufficiency used to be a bipartisan issue; it can be again.”
In The Hill, Liz Peek writes that American families are much better off today despite desperation from Democrats “to convince voters that the improving Trump economy is not helping America’s workers.” She adds that people are confident because “jobs are plentiful” and “many people are seeing their wages go up.”
“U.S. small-business owners are more optimistic now than at any point in the 15-year history of the Wells Fargo/Gallup Small Business Index,” Frank Newport and Coleen McMurray write for Gallup. “This optimistic anticipation of new hires helps explain why many owners report that being able to find and hire good workers is their top challenge.”
In CNBC, Secretary of Homeland Security Kirstjen Nielsen explains the private sector’s essential role in response to national cyber threats. “That is why last week [DHS] launched the National Risk Management Center, an initiative driven by industry needs and focused on fostering a better way to bring government and the private sector together to defend our nation's critical infrastructure.”
In the Miami Herald, Secretary of Housing and Urban Development Ben Carson writes that the end to veteran homelessness is within reach in South Florida. “We have few responsibilities greater than making certain those who have sacrificed so much in service to this country have a home they can call their own.”

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