We have already experienced a great many benefits to having an intrepid businessman behind the desk in the Oval Office, but the hits just keep on coming.
The Trump Effect, as it has been called from day one, has permeated every last nook and cranny of a once-apprehensive America. Instead of propping up yet another career politician whose ears only perk up at the sound of special interest coin purses opening, we have a man who has spent the last several decades turning his own business into one of the greatest success stories of modern humanity.
This shock to the system didn’t come without its due turbulence, but never in the realm of the economy, which has benefited dearly from the CEO-in-Chief. The stock market is plowing through records the way that many wish that bronze bull would gore the publicity stunt sculpture installed in his crosshairs. Furthermore, consumer confidence has skyrocketed in the wake of Trump’s ascension, with our overall fiscal health moving from Obama’s anemic outlook to a bullish, brawny breakthrough presidency.
Never satisfied with merely one victory at a time, President Trump pushed one of the most comprehensive tax plans of the last century through the legislature, further cementing his legacy as one of the most economically sound first-term Presidents of our modern era. The benefits of this tax tussle are just now beginning to become fully visible for the Americans at the center of its effective range, with U.S. retailer Walmart tossing some good news of their own on the pile.
“Wal-Mart Stores Inc. is boosting its starting hourly wage to $11 and delivering bonuses to employees, capitalizing on the U.S. tax overhaul to stay competitive in a tightening labor market.
“The increase takes effect next month and will cost $300 million on top of annual wage hikes that were already planned, the world’s largest retailer said Thursday. The one-time bonus of up to $1,000 is based on seniority and will amount to an additional $400 million. The company is also expanding its maternity and parental leave policy and adding an adoption benefit.
“Wal-Mart, the nation’s largest private employer, has fought in recent years to improve its image in the U.S., as it weathered criticism over its treatment of employees. With the wage increase and bonus payment, the company seeks to even its pay gap with resurgent rival Target Corp., while simultaneously sending a high-profile thank you to the U.S. government for slashing the corporate tax rate.
“’Tax reform gives us the opportunity to be more competitive globally and to accelerate plans for the U.S.,’ Chief Executive Officer Doug McMillon said in the statement.”
Once again, the left is silent on the matter, understanding that their dissonance to the President’s economic prowess will likely not resonate with their fellow Americans who are reaping the benefits.
Furthermore, the “resistance” movement will likely have a number of Walmart employees and their families politically opposed to the bonuses, but secretly enjoying the fruits of their labor and the President’s hard work.