I know a lot of you have been concerned about the ability of large corporations to raise prices. Well, thanks to the Trump tax cuts you can stop worrying about the pricing power of multinational corporations.

President Donald Trump is giving many businesses an unexpected benefit on top of lower taxes and regulatory relief: He’s helping to restore their pricing power.

By pouring hundreds of billions of dollars of tax cuts and extra government spending into an already stretched economy, Trump is fostering an environment where firms such as conglomerate 3M Co. can raise prices because demand for their products is strong.

“The power is with the seller,” said Chris Williamson, chief business economist at consultants IHS Markit Ltd.

That’s a turn-around from the past decade, when executives often bemoaned their inability to lift prices because of their fear of sacrificing sales. The shift will help them pad profits that are already surging thanks to lower taxes.

That certainly is a load off my mind.
All of us shmucks can now celebrate.

The Trump administration claimed its policies would immediately boost wages, with its tax overhaul ultimately increasing average pay by $4,000 to $9,000.

That hasn’t happened. And though Trump regularly boasts of the economy’s performance, many Americans don’t feel they’re sharing in the gains -- a risk for Republicans as they seek to defend their House and Senate majorities in November elections.

A majority of voters believes their personal financial situation has remained the same or gotten worse over the past two years, said Tim Malloy, assistant director of the Quinnipiac University poll.

“When you look at that backbone of the country -- the middle class -- people think that there’s stagnancy and not much has happened for them,” although “things might be marginally better nationwide,” he said. “That could be a problem in the midterms for a lot of people. At least some people believe that promises were not fulfilled.”

Inflation-adjusted hourly wages dropped 0.2 percent in July from a year earlier, their worst reading since 2012, according to the Labor Department, amid faster price gains. They’ve grown at an average 0.3 percent annual pace under Trump overall, compared with 1.1 percent during Barack Obama’s second term. Trump’s escalating tariff disputes risk eroding buying power further by driving up prices.

Wait a gosh darn minute.
Giving huge tax cuts to the super wealthy was supposed to make us all rich.
What happened to the trickling down?