Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

AJT

(5,240 posts)
Tue Jan 2, 2018, 12:27 AM Jan 2018

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 = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump will be tweeting about this in the morning (Original Post) AJT Jan 2018 OP
...and we will all wander across the psychedelic fields in search of the marshmallow people. roamer65 Jan 2018 #1
Bullshit Takket Jan 2018 #2
No increases in disposable income equals no increases in consumer demand. Eyeball_Kid Jan 2018 #9
Exactly. CentralMass Jan 2018 #11
Just like the news that AT&T is giving everyone a bonus... NYC Liberal Jan 2018 #12
The failing new york times he bashed the whole of 2017.. RestoreAmerica2020 Jan 2018 #3
Business, Anticipating Less Regulation, Loosens Purse Strings. elleng Jan 2018 #4
Sure, CEOs are doing great. marybourg Jan 2018 #5
Don't forget that they have about a decade of unrepatriated international applegrove Jan 2018 #6
It's official.... NoMoreRepugs Jan 2018 #7
If you say something Turbineguy Jan 2018 #8
What bullshit. All of a sudden trickle down is going to start working because trump... brush Jan 2018 #10
Where did this propaganda come from? democratisphere Jan 2018 #13
that does it. onethatcares Jan 2018 #14

roamer65

(36,745 posts)
1. ...and we will all wander across the psychedelic fields in search of the marshmallow people.
Tue Jan 2, 2018, 12:34 AM
Jan 2018


Fuck this normalization bullshit.

Takket

(21,577 posts)
2. Bullshit
Tue Jan 2, 2018, 12:34 AM
Jan 2018

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.

NYC Liberal

(20,136 posts)
12. Just like the news that AT&T is giving everyone a bonus...
Tue Jan 2, 2018, 03:13 AM
Jan 2018

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

RestoreAmerica2020

(3,435 posts)
3. The failing new york times he bashed the whole of 2017..
Tue Jan 2, 2018, 12:37 AM
Jan 2018

...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.

elleng

(130,974 posts)
4. Business, Anticipating Less Regulation, Loosens Purse Strings.
Tue Jan 2, 2018, 12:37 AM
Jan 2018

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.”'

applegrove

(118,685 posts)
6. Don't forget that they have about a decade of unrepatriated international
Tue Jan 2, 2018, 12:43 AM
Jan 2018

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

Turbineguy

(37,343 posts)
8. If you say something
Tue Jan 2, 2018, 12:53 AM
Jan 2018

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

brush

(53,787 posts)
10. What bullshit. All of a sudden trickle down is going to start working because trump...
Tue Jan 2, 2018, 02:27 AM
Jan 2018

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.

onethatcares

(16,172 posts)
14. that does it.
Tue Jan 2, 2018, 06:59 AM
Jan 2018

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.

Latest Discussions»General Discussion»Trump will be tweeting ab...