American money flowing back into America

[Free Vulcan]

Despite President Trump's tit-for-tat trade barbs, America’s CEOs are not wasting anytime in taking advantage of his tax reform plan. Over $300 billion was repatriated to the U.S. in the first quarter, according to the Bureau of Economic Analysis (BEA) -- the most on record.

“U.S. firms that used to build their factories overseas in order to avoid U.S. taxes, they stopped in their tracks because of the tax bill, they are bringing all the money home,” said Kevin Hassett, chair of the president's Council of Economic Advisers, during an interview on FOX Business’ Varney & Co. in June.

https://www.foxbusiness.com/markets/american-money-is-flowing-back-into-america

[Oceander]

[IsailedawayfromFR]

Isn't it encouraging we are acquiring more money in this country while the idiots are laughing?

[Oceander]

Isn't it encouraging we are acquiring more money in this country while the idiots are laughing?

Except it ain’t happening.  Drink up your orange koolaid, kiddo.

[truth_seeker]

Except it ain’t happening.  Drink up your orange koolaid, kiddo.

Then shed some facts, please if you will.

[IsailedawayfromFR]

Then shed some facts, please if you will.

He is all talk.

And apparently cannot read a graph

[To-Whose-Benefit?]

townhall
matt vespa 7/5/18

[excerpt]

https://townhall.com/tipsheet/mattvespa/2018/07/05/eat-it-liberals-trump-economys-second-quarter-growth-projected-to-hit-4-1-perc-n2495046

If Donald Trump wins the election, the stock market will collapse. He doesn’t have an agenda that can create jobs. You all heard the doomsday talk. In the end, three million jobs have been created since Trump was elected. The Dow Jones broke 26,000, and had a 5,000-point surgelast year—the largest annual gain ever. All told, the stock market has grown around 40 percent since Trump’s upset win over Hillary Clinton.

    On July 2, the #GDPNow model estimate for real GDP growth in Q2 2018 is 4.1% https://t.co/gUnb7280Ha pic.twitter.com/VxNjbBUid1
    — Atlanta Fed (@AtlantaFed) July 2, 2018

The tax reform package passed in 2017 has laid down a solid foundation for economic growth. Wages are growing. Consumer and small business confidence has reached its highest levels in 10+ years. Unemployment has reached an 18-year low, black unemployment has reached a historic low. The good economic news is pervasive and starting to make Democrats nervous, who thought the tax cuts would be an albatross around the GOP’s neck—wrong. Now, for the second quarter, the economic growth is project to hit four percent (via Atlanta Fed):