As the article says.. its awesome America is continuing on its 9 years of growth!!
But then it rambles on about the effect of Tariffs, when no tariffs have been implemented yet, and even when they are, its going to take time for the effects to trickle down.
The single biggest boost is not even mentioned, where Trump changed laws so companies could bring home stolen loot from tax havens. That was the biggest financial boost the USA has ever had, bringing trillions of dollars back to the American economy.. yet its not even mentioned? I guess because it was a one off event??
And then look. mid article it drops the truth bomb.. "Exports have been a big driver of that hiring. In 2017, simultaneous growth in Europe, China, Japan, and some developing countries were a key reason that factory output rose."
Here in Aus the unemployment rate is 5.5%, I don't think I have seen anyone alarmed at that, its a steady number that we kinda see as full employment, Immigration numbers are up.. because we don't have enough workers, anyone who wants a job can find 3.
So its GOOD the USA is still following worldwide trends!... But really disappointing that 2.5 trillion returned from parked money has resulted in so few jobs being created.
|