Indeed. To the extent that there was a case for the 2017 tax cut, it was the claim that it would eventually raise real wages. And the length of time involved in that "eventually" matters a lot: the tax cut definitely a short-term giveaway to capital, so how long is short run? 1/
@gregleiserson had a very good summary of the issues equitablegrowth.org/assessing-the-… in which he pointed out the long run isn't the whole story, that the speed of effect matters too 2/ 
So how's it going so far? Um, so far the gains to wages have been ... zero. Here's the rate of growth of real wages for ordinary workers 3/
So far, what looks like a big giveaway to shareholders, who are overwhelmingly wealthy (and many of whom are foreign), is turning out to be .. a big giveaway to shareholders 4/
