Posted on 01/21/2017 9:53:22 PM PST by 2ndDivisionVet
President Trump says he will be the greatest jobs producer God ever created. "I'm going to work very hard on that. We need certain amounts of other things, including a little bit of luck, but I think we're going to do a real job," he said recently.
While his critics laughed and economists urged caution, the truth is American manufacturing is already showing signs of confidence and optimism about a Trump presidency.
U.S. CEO's are rewarding the incoming administration with a flurry of announcements promising new jobs, bigger inventories and a reduction of operations moving to Mexico and abroad. Some of those announcements have come under the pressure of tweets by Trump directed at a handful of companies, but most are a nod of confidence to his promises of tax and regulatory reforms.
They are also a sign of approval of his blunt tough talk on China's practice of currency undervaluation and the deliberate dumping of its products into the U.S. market at below the cost of production....
(Excerpt) Read more at washingtonexaminer.com ...
I have a feeling that 2017 economic growth will be a self-fulling prophecy. Since everyone expects it to grow, companies are positioning themselves for the growth which in turn spurs growth.
Trump has some very specific pro-growth ideas. If he is successful with them, I think more companies will jump on board.
Corporate Interest Rates will be going from 35% to 15%. If this doesn’t spur some economic growth, nothing will!
have a feeling that 2017 economic growth will be a self-fulling prophecy. Since everyone expects it to grow, companies are positioning themselves for the growth which in turn spurs growth.
Trump has some very specific pro-growth ideas. If he is successful with them, I think more companies will jump on board.
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Well said! I very much agree with your assessment!
Corporate Interest Rates will be going from 35% to 15%. If this doesn’t spur some economic growth, nothing will!
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I should’ve said: INCOME TAX RATES!
This economic growth could have happened anytime after about 2010, when the worst of the recession was over. However, President Obama did not appear to prioritize domestic job growth unless it involved importing foreign nationals or expanding labor unions, or expanding one of the Green Industries.
What we now need is for engineering companies to start hiring.
What we now need is for engineering companies to start hiring. Presently, they are only fishing for resumes without the intention of hiring.
If anyone knows where some design engineering and DFM (design for manufacturing) is needed I’m willing to move. Time to give up my German consulting gig. I’m also a skilled machinist that has been self employed making aircraft parts the past 8 years. Very tired of finding my work out of the country. Would be nice to bring my skills back here.
Contact Boeing, Lockheed, etc.
I just hope that investment capital becomes much more available. We are trying to get our 3rd offset type products into the marketplace.
Those big guys are too dependent on Government contracts. Feast or Famine. Trump and Congress will probably generate new military hardware orders, but that will take a while.
Look for smaller companies in non-defense industries which will benefit from increased consumer and manufacturer confidence.
Private spacecraft companies (SpaceX, Paul Allen's Vulcan, Scaled Composites [not sure who owns them now]) all look for multi-faceted engineers with initiative.
Those are all the companies I’ve consulted for... been in aviation for 15 years. It’s always 2 years of massive business or 2 years of nothing. It’s very sporadic. But thanks for the list. I’ve never heard of bigelow.
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