Mike Lindell — Trump surrogate and founder of MyPillow with a net worth of over $300 million — is laying off 150 workers despite lauding President Trump’s tax cuts for businesses.
Lindell is perhaps best known for his MyPillow commercials, which have continued to air on Fox News’s Laura Ingraham and Tucker Carlson shows despite ongoing advertiser boycotts. Mike Lindell has also carved out a niche as one of President Trump’s earliest and most vocal supporters. He even joined Trump multiple times on the campaign trail in the lead-up to the 2018 midterm elections, urging his fellow Trump supporters to vote for Republican candidates (Republicans lost 40 seats in November).
One of Lindell’s go-to compliments for the president is his handling of the national economy. In a June 2018 column for the Duluth, Minnesota News Tribune, Lindell said “Trump is winning for [Lindell’s home state of Minnesota],” writing that the president’s “historic tax cuts” made it possible for him to “give my employees an immediate across-the-board pay raise to help fuel their lives and advance their careers.”
But it’s not just my Minnesota-based company that’s experiencing the benefits of the president’s historic tax cuts by delivering new jobs and pay raises. Since Trump took office in January 2017, Minnesota’s unemployment rate has been cut in half. In addition, unemployment in Minnesota is now at 3.1 percent, compared to 3.9 percent nationally.
However, as Vox’s Aaron Rupar recently discovered, Mike Lindell is still laying off 150 MyPillow employees at his Minnesota factory despite the supposedly booming Trump economy. A local Fox affiliate reported that Lindell was laying off the workers in anticipation for the launch of MyStore — a Lindell enterprise that will sell products aside from his famous pillows.
Barely 6 months after he credited Trump's tax cuts for creating a new economic boom, My Pillow boss Mike Lindell is laying off 150 employees pic.twitter.com/vjQWZ6tyFA
— Aaron Rupar (@atrupar) May 10, 2019
MyPillow isn’t the only company that benefited from the Trump tax cuts to turn around and lay off workers. As Grit Post reported in 2018, Verizon has more than 10,000 layoffs planned for 2019 despite reaping a tax cut of $4 billion. Transportation giant Union Pacific laid off several hundred workers of its own despite getting a $6 billion benefit from the 2017 tax cuts.
Tom Cahill is a contributor for Grit Post who covers political and economic news. He lives in Bend, Oregon. Send him an email at tom DOT v DOT cahill AT gmail DOT com.