Trump must've found that magic wand that Obama mocked as not existing.Three things likely sparked this manufacturing jobs spike.
First, eight years of the Obama Administration’s piling on regulation upon regulation, from labor rules, to the Clean Power Plan, to the implementation of ObamaCare, placed industry into a defensive crouch. Business leaders were fearful of investing capital, not knowing how the federal rules might capriciously change, thus wiping out their expected return on investment.
That defensiveness ended in November 2016 when the expectations of additional regulatory burdens under a prospective President Clinton vanished. Not coincidentally, manufacturing employment started its sustained upswing the very month of Krugman’s tweet.
Second, the Trump Administration’s deregulatory practice exceeded expectations, with red tape being cut at a faster clip than achieved under President Ronald Reagan 36 years earlier.
Third, with the Republican Congress, President Trump delivered on a major overhaul of the tax code, including a significant cut to business taxes as well as a change to the treatment of overseas profits that incentivized the repatriation of some $300 billion in the first quarter of 2018 out of what the Federal Reserve estimates is $1 trillionin multinational profits held abroad.
U.S. Politics
Re: Will Trump make the Grade.
AMERICA: One of the Greatest Stories Ever Told.
Re: Will Trump make the Grade.
Greedy Democrat Big Government.
Democrats are on the wrong side of a good thing. Attacking the American Dream.
AMERICA: One of the Greatest Stories Ever Told.
Re: Will Trump make the Grade.
I look forward to the continued nominations and confirmations of Origialist judges who follow the Constitution.
AMERICA: One of the Greatest Stories Ever Told.
Re: Will Trump make the Grade.
LIB IDIOTS. By boycotting Starbucks, they're hurting all the employees for which LIBs CLAIM to care.
AMERICA: One of the Greatest Stories Ever Told.
Re: Will Trump make the Grade.
Trump must've found that magic wand that Obama mocked as not existing.Three things likely sparked this manufacturing jobs spike.
First, eight years of the Obama Administration’s piling on regulation upon regulation, from labor rules, to the Clean Power Plan, to the implementation of ObamaCare, placed industry into a defensive crouch. Business leaders were fearful of investing capital, not knowing how the federal rules might capriciously change, thus wiping out their expected return on investment.
That defensiveness ended in November 2016 when the expectations of additional regulatory burdens under a prospective President Clinton vanished. Not coincidentally, manufacturing employment started its sustained upswing the very month of Krugman’s tweet.
Second, the Trump Administration’s deregulatory practice exceeded expectations, with red tape being cut at a faster clip than achieved under President Ronald Reagan 36 years earlier.
Third, with the Republican Congress, President Trump delivered on a major overhaul of the tax code, including a significant cut to business taxes as well as a change to the treatment of overseas profits that incentivized the repatriation of some $300 billion in the first quarter of 2018 out of what the Federal Reserve estimates is $1 trillionin multinational profits held abroad.
AMERICA: One of the Greatest Stories Ever Told.
Re: Will Trump make the Grade.
More STEADY nonsense
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Re: Will Trump make the Grade.
Virtually half, or 49 percent, of all Americans are still living paycheck-to-paycheck. Sounds like a nightmare!!!
Re: Will Trump make the Grade.
Employers add booming 304,000 jobs in January, marking 100th straight month of employment gains
It started with Obama it appears that Trump is riding on his coat tails
As reported previously the Employment marks were downgraded
"Mildly disappointing: Employment gains from November and December were revised down by a total 70,000. November's was upgraded from 176,000 to 196,000 but December's blockbuster 312,000 was revised down to 222,000, which was still a strong showing."
It started with Obama it appears that Trump is riding on his coat tails
As reported previously the Employment marks were downgraded
"Mildly disappointing: Employment gains from November and December were revised down by a total 70,000. November's was upgraded from 176,000 to 196,000 but December's blockbuster 312,000 was revised down to 222,000, which was still a strong showing."
Re: Will Trump make the Grade.
STEADY WINNING AMONG ALLIES and on the International stage.
AMERICA: One of the Greatest Stories Ever Told.
Re: Will Trump make the Grade.
Idiot LIBs hurting the workers, but for LIBs, collateral damage is acceptable when going after white male billionaires who want to run for president.
LIBs laughed at Trump for running. Guess they learned to attack right at the beginning.
AMERICA: One of the Greatest Stories Ever Told.
Re: Will Trump make the Grade.
Didnt Obama inherit the ****** up world created by the inbred ****** Bush ???
Re: Will Trump make the Grade.
- Open borders?
- Abolish Immigration Enforcement?
- Higher Taxes?
- More Regulation?
- More abortions up until the day of delivery?
- Bankrupt the Treasury with Medicare for all?
Democrats have discussed all of those actions.
Last edited by Lone Star on February 2, 2019, 1:41 pm, edited 2 times in total.
AMERICA: One of the Greatest Stories Ever Told.
Re: Will Trump make the Grade.
GM's involuntary layoffs start Monday, at least 4,000 workers expected to lose jobs
Half in US and the other half in Canada
February figures well could be down
Another step forward for the Rich
Half in US and the other half in Canada
February figures well could be down
Another step forward for the Rich
Re: Will Trump make the Grade.
Obama GAVE part ownership of GM to unions during the bailout. What happened? Nothing Obama did seems to last.
AMERICA: One of the Greatest Stories Ever Told.