Where's That Pay Raise?

       Well, the word is out. Last year's tax plan is working exactly as planned. Corporate taxes are down and CEO pay is way up and the common worker is seeing almost none of it because of those CEO pay increases and stock buybacks and all the other gimmicks provided for by the new tax law.
       If they want a pay increase they'll have to be able to switch to "higher-skilled jobs." And if they aren't trained to do that, then they'll have to stay where they are at the same old pay. There's been no talk about helping those folks by setting up training programs so I guess corporations are satisfied with keeping those employees exactly where they are at that same old pay.
       Don't misunderstand me, its not that CEOs are being forced to accept exponentially higher pay raises, its that they don't see any reason why they shouldn't accept them. After all, the alternative is giving all that money away to the employees. Well, its less expensive to just make out one check rather than hundreds of checks. Especially since the cost of paper is going up.
       How would it be if you were the CEO and you had to sit there and watch the board of directors struggle over whether to give that money to you or those grunts who work for you. Ha, that's a laugh. Of course you're gonna demand that huge pay increase and the paeans could hope to live long enough to enjoy they're retirement.
       And that's another point. Its been pointed out that much of the largess to the corporations goes into retirement accounts, IRAs etc. And that's true. In fact for lots of people they'll be better off financially, once they do retire. They'll be making more money than when they were working for a living. So I suppose the next thing will be to push the retirement age to 70 or 75.