This is exactly what is going to happen with the tax bill (and is already happening due to the expectation of a tax bill), we're being sold that companies have been right on the cusp of increasing wages and hiring if it weren't for those pesky taxes they had to pay.
Exactly.
I know business. Extra profits are extra profits. Wages won't rise unless there is a labor supply shortage.
Exactly.
I know business. Extra profits are extra profits. Wages won't rise unless there is a labor supply shortage.