Scarborough: Idea that Corporations Making Bigger Profits with Tax Cuts Will Hire More People Is’ Pure Fiction’

EXCERPT:

SCARBOROUGH: "And Mark, this is -- you have the White House actually putting out papers acting like it’s 1975 when we’ve actually seen corporate profits explode. And they don't re-hire workers. They don’t give them higher wages. There’s a reason why wages remain fairly flat and why over the past five years employment participation rates have been historically low in the low 60s. So the idea that corporations make bigger profits, they’re going to hire more people to look at machines in their factories, is -- is pure fiction."