Electile Dysfunction (Current students plz look!)

[WRXtranceformed]

All those things are true, but there are some pretty significant policy issues that will hurt us in the long run. Beyond the environmental shit, we're gonna wake up in 10 years and realize America cannot compete in many industries, especially green energy. It'll be like the auto or steel industry, only we'll be competing with China. That's when it'll hurt.

This is probably true but I think the Competitive Effect (what our company calls it) of the US on any given industry is a really complex economic principle that is driven by a lot more than political policy (ie there are some industries / jobs that any given region will never be good at, or conversely always be really good at assuming status quo, and that is OK)

Agreed on all fronts, but can you really relate any of this to Trump? What has he helped to pass to spur this? Maybe the speculation that he will deregulate everything and his pro-business mantra has fueled increases here and there but that's about it.

The stock markets in general are 100% speculative. When a cow farts near a rice paddy in Laos the world markets react. From a financial aspect, I do agree with a lot of the moves being made to make it easier for companies to do business with and keep money in the US (ie. fixing corporate tax structures so companies don't dump all of their earnings overseas and offering incentives for US-based jobs). The tax implications to the state and fed aside, encouraging job growth here is good all around because it encourages a trickle down effect of job and tax income growth.

I ran an example for the DC metro area through some of our economic software. If a software company for instance adds 500 jobs to their industry in the region:
- 1,340 jobs are actually created in response: 500 initial, 235 direct, 98 indirect and 507 induced (supply chain growth and additional services to support those workers: hair stylists, grocery clerks, etc.)
- $133.3M change in local yearly earnings from those initial and ripple effect jobs
- $11.5M in additional sales, special assessments and property tax (TPI - Taxes on Production and Imports) from the businesses associated with those jobs

So any policy that encourages jobs here in America has a much bigger effect than just the benefit of the initial number of jobs.