Looks like Trump made a Deal

in #economy7 years ago

Just after the tax law was passed, a number of large companies in the US promised bonuses and pay increases to their employees. While this may become a trend, it is not a coincident and its not hard to imagine Trump to CEOs:
"If the tax passes - you need to payout to employees. If you don't the economy will crash and you know it"

If the overall numbers become significant, this is a big deal for the US economy. Adding to the US wages enables the debt runway to be lengthened. Combined with other actions, the end of the debt runway may even be extended past the 2020 elections.....

Consider the Jerusalem embassy fracas. Hard to tell at the moment what Israel provided in return but the fallout from the related UN votes puts the US in a position to reduce foreign aid and UN payment, potentially saving 10s of billions per annum.

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I just hope the trend continues, but it's looking good!

His recent EO looks to be more important.

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