President Trump speaks while reviewing border wall prototypes on March 13 in San Diego. The tax cuts were pitched as “rocket fuel” for the economy, spiking job creation and wage growth. The tax cuts haven’t had any noticeable effect on two keys elements of their sales pitch. Half a trillion dollars has been spent by companies to buy back stocks, passing those tax cuts back to shareholders. (Any modern president: Despite Trump’s recent assertions, there was no polling in Abraham Lincoln’s era against which Trump’s popularity can be measured.)

Source: Washington Post July 31, 2018 14:05 UTC