Didn't read the actual article did ya?
Had you read the article, you would have noted that there is not a single mention of actual data that shows the money getting taxed is being used to increase spending or increase hiring. There is lots of hyperbole...but not actual data. There is plenty of data showing increases in buybacks and dividend increases though...or have you missed all those posts.
Your article claims that the
It's a shot in the arm for the U.S. economy.
It is only shot in the arm if it is deployed. What about that don't you understand.
Your article also states: "For the record, GDP growth never topped 3% in any year of Obama's administration. " I've showed you repeatedly that this is false.
Your article also makes these two statements:
In the second quarter of this year, GDP growth is almost certain to exceed 3%, again. The Blue Chip consensus of economists expect 3.5% growth, while the Atlanta Fed's "GDPNow" estimate is at 4.7% currently.
We were told repeatedly by left-leaning economists and pundits that the days of 3% growth were over.
Just to explain it to you...AGAIN. We did not do 3% growth in 2017. We MAY do 3% in 2018, but it is not expected. A quarter of 4% growth is possible, but no one expects it to last. Your article COMPLETELY IGNORES that massive spending increase passed by Congress (given the paucity of cuts to the middle class...the tax cuts will have little impact on the economy...the spending will have a direct impact). We achieved multiple above 3% quarters in the last Administration...we may get a few here....
sustained rates of growth above 3% are exceedingly unlikely.
It would help if you had some basic understanding of a country's economy and some basic ability to read and comprehend. The article you posted is a masterful journey of smoke and mirrors that an Ivy League Lite educated individual should see thru immediately.
BTW..if hiring is so great...why are fewer people getting hired in the first 16 months of Trump Admin than in the last 16 months of the previous administration???
You really aren't very bright....why do you keep posting and making it so easy to prove?