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The Trump Economy


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  • 4 weeks later...

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A group of CEOs on Tuesday appeared to cast doubt on one of the White House's biggest arguments for overhauling the tax code — right in front of the economic adviser Gary Cohn.

At a meeting of The Wall Street Journal's CEO Council, an interview with Cohn — the National Economic Council director who previously worked as an executive at Goldman Sachs — prompted discussion about the amount of investment the GOP tax bill, the Tax Cuts and Jobs Act, would generate.

Republicans and the Trump administration have argued that tax cuts for businesses would lead companies to investment more and raise wages for workers.

The moderator then asked those in attendance whether they were planning to increase their business investment if the tax bill became law. The CEOs in attendance did not seem to be on the same wavelength as Cohn.

While there was a smattering of raised hands in the auditorium, it was clearly not as many as Cohn would have liked.

"Why aren't the other hands up?" Cohn asked before moving on to another question.

 

 

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65th day in a row predicting a total plummet in the DJIA and the economy, a little too gleefully if you ask me...

 

May all of you drooling over this possibility sell short to reap the joy if it does happen, and take that margin call like a boss.

 

 

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36 minutes ago, row_33 said:

65th day in a row predicting a total plummet in the DJIA and the economy, a little too gleefully if you ask me...

 

May all of you drooling over this possibility sell short to reap the joy if it does happen, and take that margin call like a boss.

 

 

Nope, ride it out, buy, buy, buy and enjoy the recovery over the next decade. 

 

Seriously, there probably will be some sort of correction relatively soon, I would think. 1987, 2000, 2007 and...

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The bigger the boom, the bigger the bust...............

 

Our "experts" continue to out themselves as laughingstocks.

This exactly how communist parties work their propaganda in Europe when the economy is going well. "it won't last" or "it won't make you happy" The Left is about keeping their crowd unhappy and depressed, or it has no power.

 

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keep selling everything short, commies....

 

 

i was in a room when 2 blowhards (merely riding the NASDAQ escalator, brainlessly) got their margin calls for $1.2M and $240,000 that hilarious day.

 

They both had to quit their jobs and find others that paid a lot more, and remortage their homes...

 

So you never know.... the market will fluctuate.... 

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SOME CHARTS TO PONDER

The economy is looking pretty strong these days. The good people at the Wall Street Journal‘s Daily Shot offer up a couple of interesting charts showing that the ratio of job openings to unemployed workers is at a level not seen in a very long time, which might indicate that we’ll soon see upward movement in wages.

 

 

 

 

 Fewer Blacks, Hispanics Go Jobless Under Trump.

 

Weird how this isn't getting a lot of coverage.......................

 

 

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16 minutes ago, B-Man said:

SOME CHARTS TO PONDER

The economy is looking pretty strong these days. The good people at the Wall Street Journal‘s Daily Shot offer up a couple of interesting charts showing that the ratio of job openings to unemployed workers is at a level not seen in a very long time, which might indicate that we’ll soon see upward movement in wages.

 

 

 

 

 Fewer Blacks, Hispanics Go Jobless Under Trump.

 

Weird how this isn't getting a lot of coverage.......................

 

 

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From your link:

 

More black and Hispanic Americans are getting jobs on President Donald Trump’s watch, the latest employment numbers show, although critics accuse him of ignoring such minority populations.

The White House, not surprisingly, is happy to tout the results.

Unemployment among blacks declined from 8 percent one year ago to 7.3 percent in November, according to the Bureau of Labor Statistics. Blacks’ labor force participation rate rose slightly over the past year, from 61.9 percent in November 2016 to 62.2 percent last month.

Unemployment among Hispanics fell by a percentage point, from 5.7 percent to 4.7 percent, over the year. Hispanics’ labor force participation rate held steady, dipping from 65.7 percent to 65.6 percent.

Americans need an alternative to the mainstream media. But this can't be done alone. Find out more >>

 

The labor force participation rate reflects the percentage of Americans working or actively looking for work, while the unemployment rate is the percentage of jobless Americans still looking for work, as opposed to having given up.

“All Americans continue to see results from the president’s bold economic agenda,” White House spokeswoman Lindsay Walters told The Daily Signal in a written statement, adding:

While overall unemployment in November remained at a nearly 17-year low, the rate is also at historic lows among several groups, including Hispanics—where it is the lowest in at least 44 years—and African-Americans—where it is at its lowest levels since 2000.

The overall unemployment rate fell to 4.1 percent, a 17-year low. It was 3.6 percent among whites and 3 percent among Asians, about the same for both as a year ago.

Teen unemployment, measured from ages 16 to 19, was the dark lining. Though it dropped nominally from November 2016, from 26.6 to 25.5 percent, that’s up from 23.3 in July.

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  • 3 weeks later...

http://www.foxbusiness.com/markets/2018/01/05/six-figure-construction-jobs-are-going-unfilled.html

 

The construction sector is ready to boom in 2018, but there’s just one problem: There aren’t enough qualified workers.

 

A new report released by the Associated General Contractors of America (AGC), found that 75% of contractors want to increase their headcount in 2018, thanks to the newly-approved tax reform bill, the government’s push to rollback red tape, strong economic growth and a continuation of favorable sector trends.

However, 50% of companies reported having a difficult time filling both craft and salaried worker positions. Over the coming year, 53% of companies told the AGC that they expect to continue struggling to find qualified applicants. These challenges come despite the fact that 60% of firms reported increasing base pay to retain or recruit professionals and 36% provided incentives and bonuses toward the same end.

“The general population doesn’t know how rewarding and profitable [construction jobs can be],” Stephen Mulva, director of the Construction Industry Institute (CII), told FOX Business. “Six-figure salaries are not uncommon.”

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15 minutes ago, 3rdnlng said:

http://www.foxbusiness.com/markets/2018/01/05/six-figure-construction-jobs-are-going-unfilled.html

 

The construction sector is ready to boom in 2018, but there’s just one problem: There aren’t enough qualified workers.

 

A new report released by the Associated General Contractors of America (AGC), found that 75% of contractors want to increase their headcount in 2018, thanks to the newly-approved tax reform bill, the government’s push to rollback red tape, strong economic growth and a continuation of favorable sector trends.

However, 50% of companies reported having a difficult time filling both craft and salaried worker positions. Over the coming year, 53% of companies told the AGC that they expect to continue struggling to find qualified applicants. These challenges come despite the fact that 60% of firms reported increasing base pay to retain or recruit professionals and 36% provided incentives and bonuses toward the same end.

“The general population doesn’t know how rewarding and profitable [construction jobs can be],” Stephen Mulva, director of the Construction Industry Institute (CII), told FOX Business. “Six-figure salaries are not uncommon.”

 

Build that wall. Build that wall.

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