Wages Rise? See what happens when the weight of democratic oppression of employers is lifted?
https://www.nytimes.com/2017/05/05/business/economy/jobs-report-unemployment.html
Three months is still a short span in the life of an administration, and Mr. Trump has not yet pushed through the main planks of his pro-growth agenda like tax reform or a large investment in infrastructure. Even so, some economists gave the president credit for a jump in optimism.
“Sharp increases in consumer and business confidence can have real consequences that show up in increased hiring and investment,” said Douglas Holtz-Eakin, a former director of the Congressional Budget Office who advised Senator John McCain, Republican of Arizona, during his 2008 presidential campaign.
Mr. Holtz-Eakin added that Mr. Trump’s freezing of new regulations and elimination of others were having a measurable impact.
“The observed pace of regulatory activity has come to a standstill,” he said. In contrast, he argued, a persistent rollout of regulations by the Obama administration had added millions of dollars in costs for businesses each week.
https://www.nytimes.com/2017/05/05/business/economy/jobs-report-unemployment.html
Three months is still a short span in the life of an administration, and Mr. Trump has not yet pushed through the main planks of his pro-growth agenda like tax reform or a large investment in infrastructure. Even so, some economists gave the president credit for a jump in optimism.
“Sharp increases in consumer and business confidence can have real consequences that show up in increased hiring and investment,” said Douglas Holtz-Eakin, a former director of the Congressional Budget Office who advised Senator John McCain, Republican of Arizona, during his 2008 presidential campaign.
Mr. Holtz-Eakin added that Mr. Trump’s freezing of new regulations and elimination of others were having a measurable impact.
“The observed pace of regulatory activity has come to a standstill,” he said. In contrast, he argued, a persistent rollout of regulations by the Obama administration had added millions of dollars in costs for businesses each week.
