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Tue Jan 2, 2018, 12:27 AM

Trump will be tweeting about this in the morning

He'll be all smiles about this NYT article.

By BINYAMIN APPELBAUM and JIM TANKERSLEY
January 1, 2018

The Trump Affect

WASHINGTON — A wave of optimism has swept over American business leaders, and it is beginning to translate into the sort of investment in new plants, equipment and factory upgrades that bolsters economic growth, spurs job creation — and may finally raise wages significantly.

Full article at link

https://nyti.ms/2DJjRvx

Thanks NYT

14 replies, 2997 views

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Arrow 14 replies Author Time Post
Reply Trump will be tweeting about this in the morning (Original post)
AJT Jan 2018 OP
roamer65 Jan 2018 #1
Takket Jan 2018 #2
Eyeball_Kid Jan 2018 #9
CentralMass Jan 2018 #11
NYC Liberal Jan 2018 #12
RestoreAmerica2020 Jan 2018 #3
elleng Jan 2018 #4
marybourg Jan 2018 #5
applegrove Jan 2018 #6
NoMoreRepugs Jan 2018 #7
Turbineguy Jan 2018 #8
brush Jan 2018 #10
democratisphere Jan 2018 #13
onethatcares Jan 2018 #14

Response to AJT (Original post)

Tue Jan 2, 2018, 12:34 AM

1. ...and we will all wander across the psychedelic fields in search of the marshmallow people.



Fuck this normalization bullshit.

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Response to AJT (Original post)

Tue Jan 2, 2018, 12:34 AM

2. Bullshit

Businesses don't just invest in new plants two weeks after a tax cut passed and right before the holidays.

It takes studies, business cases, sales projects, etc to make decisions like that.

To say nothing of the fact that businesses won't do a dang thing until they see DEMAND increase. They may invest in upgrading aging equipment but they won't increase production without increased sales.

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Response to Takket (Reply #2)

Tue Jan 2, 2018, 01:53 AM

9. No increases in disposable income equals no increases in consumer demand.

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Response to Takket (Reply #2)

Tue Jan 2, 2018, 03:10 AM

11. Exactly.

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Response to Takket (Reply #2)

Tue Jan 2, 2018, 03:13 AM

12. Just like the news that AT&T is giving everyone a bonus...

(...just ignore that it was negotiated by the UNION months ago...and ignore that they're laying people off...)

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Response to AJT (Original post)

Tue Jan 2, 2018, 12:37 AM

3. The failing new york times he bashed the whole of 2017..

...that New York Times ? Seems to me they changed their tactic, the lambe his ass tactic.


[Lambe: Spanish colloquial, slang ..lambe is used as phrase ..ex. He's a lambe. He's a lick ass.

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Response to AJT (Original post)

Tue Jan 2, 2018, 12:37 AM

4. Business, Anticipating Less Regulation, Loosens Purse Strings.

Reasonable, and to be expected.

*The evidence is weak that regulation actually reduces economic activity or that deregulation stimulates it. But business executives are largely convinced that the cost of complying with rules diverts money that could be invested elsewhere. And economists see a plausible connection between Mr. Trump’s determination to prune the federal rule book and the willingness of businesses to crank open their vaults. Measures of business confidence have climbed to record heights during Mr. Trump’s first year.

“The notion that deregulation unleashes growth is virtually impossible to find in the data,” said Jared Bernstein, a senior fellow at the Center on Budget and Policy Priorities who served as the chief economic adviser to Vice President Joseph R. Biden Jr. “What does matter is this idea that confidence matters. If their expectations about the future are positive, then it does make a difference.”'

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Response to AJT (Original post)

Tue Jan 2, 2018, 12:41 AM

5. Sure, CEOs are doing great.

What about the line workor or cubicle dweller?

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Response to AJT (Original post)

Tue Jan 2, 2018, 12:43 AM

6. Don't forget that they have about a decade of unrepatriated international

profits coming home. So divide any bump by 10 to get the economic activity a real tax cut would cause.

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Response to AJT (Original post)

Tue Jan 2, 2018, 12:45 AM

7. It's official....

We have entered bizzaroworld.

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Response to AJT (Original post)

Tue Jan 2, 2018, 12:53 AM

8. If you say something

idiotic, mister president, people will talk about you. Your ratings will be the best.

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Response to AJT (Original post)

Tue Jan 2, 2018, 02:27 AM

10. What bullshit. All of a sudden trickle down is going to start working because trump...

is president?

Those corporations are going buy back stock and give CEOs even bigger compensation packages.

Any new production facilities will be overseas or robotic.

Nothing is going to trickle down except a one-time bonus a few of them gave to us surfs and followed by the recession that always comes when repugs are running things.

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Response to AJT (Original post)

Tue Jan 2, 2018, 04:33 AM

13. Where did this propaganda come from?

Is anything real any more?

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Response to AJT (Original post)

Tue Jan 2, 2018, 06:59 AM

14. that does it.

I am so inspired, living on social security, that I will now invest in a new Masserati. I just feel extra confident the ruling party will increase the COLA enough to help me cover it.

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