In a poll just done of 14,000 large and small manufacturer CEO's, over 94% were optimistic about the economy now. That is 30 points higher than before Trump was elected. And the highest number since NAM started taking the poll 20 years ago.
If tax reform passes 1/3 of the CEO's said they will now increase spending, 58% would expand their business, and 54% said they would be hiring new workers. And at better pay.
https://www.cnbc.com/2017/12/11/manufac ... eform.html
I noticed on social media Obama and some of his kool aid drinking followers are trying to act like it was Obama's policies that were now improving the economy. That is the dumbest thing I ever heard. He was in office 8 years, you would have seen this long before now. Reagan passed Tax Reform in '81, to be phased in unfortunately. By 83-84 the economy was booming. Would have been quicker if not for the phasing in of cuts. I guess Obama's special plan takes 9 years to bear fruit. What nonsense.
We had lost 5 million manufacturing jobs since 2000 before Trump elected.
In January many CEO's and company big wigs met with Trump, and following the meetings announced they were bringing manufacturing back to America. Liberal news does not mention this fact when they are crediting Obama. But we all remember it well.
Ford motor company had been planning on building a 1.6 billion dollar plant in Mexico. Trump brought it up many times during campaign. But after the Big 3 automaker CEO's met with Trump in January Ford's CEO announced they were cancelling the Mexico plant and would instead invest 700 million dollars in expanding a plant in Flat Rock, MI that would add 700 good paying manufacturing jobs to that community.
Not to be outdone, Hyundai then announced that they would invest another 3.1 billion in their U.S. plants. ... GM announced they would invest an extra 1 billion in U.S. manufacturing next year resulting in at least 1,500 new or retained jobs. 450 of those jobs were being moved from Mexico to Michigan. And Toyota made a separate announcement that its factory in Princeton, Ind., will add 400 jobs under a $600 million investment.
Another company that Trump mentioned a lot during the campaign was Carrier air conditioners. Who can forget the February '16 video of the company telling 1,400 Indiana workers that they were losing their jobs. They were being outsourced to Mexico. Right after the election Trump announced he reached a deal with Carrier keeping 1,000 of those jobs in Indiana.
Let us not forget the big meeting Trump had with Lockheed Martin big wigs in January. Trump complained about the price of their jets. After the meeting the CEO announced that not only were they going to drop the price of F-35 jets to the U.S. government but they were going to hire an additional 1,800 workers at their Texas plant.
Bayer representatives met with Trump in January, after meeting they announced they were bringing manufacturing back to America with 9,000 new manufacturing jobs and 3,000 new high tech jobs for a new plant. They have also set aside 16 billion for agricultural research for next 6 years, and announced they would spend half of that here in U.S.
In recent years IBM has sent thousands of jobs out of America to cheaper places such as India, and in May of 2016 they announced even more "massive layoffs". But in December of '16 their CEO, Ginni Rometty, announced they were going to invest 1 billion back in the USA and create at least 25,000 new jobs in U.S. What changed between May and December? Oh yeah, Trump was elected.
After Trump was elected Wal-Mart announced they would hire 10,000 new retail employees. In addition, the company estimates that the construction or remodeling of stores, distribution centers and other facilities will support a further 24,000 construction-related jobs.
Sprint announced in December '16 that they were going to hire another 5,000 U.S. workers. Funny timing, right after election.
This all happened because of Trump. Period.