Sven Henrich of Northman Trader: America will have a tax cut hangover

“THE TOP 5 PERCENT WILL HAVE REAPED 75 PERCENT OF THE TAX CUT BENEFIT, BUT THE REMAINING 95 PERCENT WILL BE STUCK WITH THE FULL BILL.”
And when the next recession comes, it will be again up to the Fed to save the day, as Congress will have done nothing on the structural front but have fully pleased their lobbyist overlords. And only in the fullness of time will many people realize the truth: That tax cuts at this time were not implemented with the intent to be the right policy at the right time, but to serve as a robbing of the U.S. Treasury wrapped under the guise of free money for all.

via Sven Henrich of Northman Trader: America will have a tax cut hangover

If You Work in a Dangerous Job, You Should Be Worried About Brett Kavanaugh – National Employment Law Project

“When should we as a society paternalistically decide [that employees should be protected from] the risk of significant physical injury?” Kavanagh wrote in his dissent. Not only was this an extreme position—one few have espoused on the bench—but it completely contravenes Congress’s intent when it passed the workplace safety law more than four decades ago.

A bipartisan Congress passed the Occupational Safety and Health Act in 1970, and President Richard Nixon signed the legislation into law. It provided workers with the fundamental right to go to work and come home every day; workers should not have to sacrifice their lives for a paycheck. The law is clear that it is the employer’s responsibility to provide a safe workplace.

via If You Work in a Dangerous Job, You Should Be Worried About Brett Kavanaugh – National Employment Law Project