The company I work for just announced that they will use some of their corporate tax windfall and use it to increase their 401(k) matching contributions.
Thanks, Trump.
[Pukes.]
I should take the money and send it directly to the DNC.
Bannon says Trump (specifically Junior) was treasonous. Trump says Bannon has lost his mind.
Not a good look for the administration…Trump’s 38% base now has to choose whether they believe Trump or Bannon. Heeheeheee…
Sorry to be dense, but I can’t tell if you’re being ironic here. Isn’t more money in your 401(k) a good thing?
This is astonishing. It might be just a desire for revenge on Bannon’s part, but still an effective knife in the back. Among the interesting nuggets are Bannon berating (or so he claims) the campaign for not calling the FBI about the Russian overtures, the assertion that Trump Jr definitely took the Russian contacts to meet Trump Sr that fateful night in Trump Tower, the description of the candidate and First Lady as horrified rather than elated on election night, and the prediction that “they’ll crack Don Jr like an egg”. Also the explanation that “jumo” means “drunk.”
Et tu, Steve?
Excuse me while I go giggle.
Maybe only management and up had 401(k)s as part of their benefits.
Oh, it is. I just loathe the idea of being the tiniest bit grateful for anything the Republicans have wrought.
Ooooohhh… Trump is unloading on Bannon and claiming he’s the one who declared war on the media. Note how he works in his own brags and basically accuses Bannon of everything he’s done himself.
Wonder if Bannon will use Breitbart to slap back at Trump? He was still supportive of Trump after his ouster, but now that his old boss turned out to be an ingrate, he’s sure to spill some more juicy shit which Trump can’t label as Fake News.
Taking money from your kids and putting it into your 401k isn’t necessarily a good thing.
A drug policy adviser to Jefferson Beauregard wants to make drug testing mandatory, and for there to be criminal sanctions against anyone who tests positive for marijuana use, whether they’re driving or not, whether they’re living in a state which makes recreational pot legal, or not.
Go Splitters, go!
Well to be fair if I own ABC corp I don’t write the tax laws so I’m not responsible for fucking over the common folks, but given that the government has decided to give ABC corp this huge kickback giving it to the employees is probably one of the most moral options.
I’m just surprised Trump’s statement didn’t start with “Oh yeah?” and end with “so there!”
President of the country. I just keep shaking my head.
Someone should inform him that the majority of Americans, and the majority of his own party now favor legalization.
"Overall, 64 percent of those reached by Gallup said they support the legalization of marijuana, up 4 percentage points from October 2016. The percentage of Gallup respondents who support legalization has climbed consistently since 2012, when 48 percent of those polled said they supported it.
Of the Republicans reached by Gallup’s poll, 51 percent said they support legalization, a 9-point increase relative to last year. It is the first time that a majority of Republicans have expressed support for marijuana legalization in Gallup polling."
A book entitled Fire and Fury: Inside the Trump White House will be out in a few days. New York Magazine published an excerpt from it here. The book is by Michael Wolff, and here’s an excerpt describing how he got his data:
“. . . Wolff, who chronicles the administration from Election Day to this past October, conducted conversations and interviews over a period of 18 months with the president, most members of his senior staff, and many people to whom they in turn spoke. Shortly after Trump’s inauguration, Wolff says, he was able to take up “something like a semi-permanent seat on a couch in the West Wing” — an idea encouraged by the president himself. Because no one was in a position to either officially approve or formally deny such access, Wolff became “more a constant interloper than an invited guest.” There were no ground rules placed on his access, and he was required to make no promises about how he would report on what he witnessed. . . .”
Tell me about New York Magazine. Is it a reputable publication? Biased greatly one way or the other?
I suspect a majority of the Trumpetistas will stick to the Boss rather than go with Bannon/Breitbart.
In Trumpworld there is no loyalty. There’s fealty, and it only works in one direction, no matter what.
I imagine it is a good thing for jsc, but it’s hard to see how it will create jobs, jobs, jobs!
That article quotes the adviser, Dr. Robert DuPont, as calling his idea “the opposite of harm reduction.” He’s more right than he knows.
The early quotes from the book are part of the fuel for Trump screaming about Bannon as already mentioned in this thread. Other sources, like the Guardian, are also writing about the book and Wolff.
I agree. The PR from the GOP was how this tax plan was going to rev up the economy which was going to somehow mean that there wasn’t going to be a $1.5 trillion addition to the deficit. I don’t see how increasing the match on the 401k is going to do anything much in this direction.
Plus of course it tends to favor those who are earning more. Those with low pay are far more likely to be financially unable to contribute to a 401k. An across-the-board pay increase would do more for those folks. I’m curious as to management’s rationale for not doing it that way.
But I guess they deserve some kudos for doing something with their windfall to benefit employees.
Well, bless their hearts!