Monday, October 7, 2019

Trump's trade war is a 'cause for concern' for head of Wisconsin's largest business association


Source:  News article cited below
(Waiting for His Vosness to blame this on Tony Evers)

Not even the WMC will go there.  Without being explicit, he lays the blame at the feet of Donald Trump.

[emphasis added]

Reported in Uncertainty growing in Wisconsin's manufacturing sector as survey finds job cuts.  (Wisconsin State Journal, 10/7/2019)


Original 10/1/2019 post, "Welcome to Grover Norquist's fantasy life", starts here.

Fantasy

Thanks to the Tax Cuts & Jobs Act enacted by congressional Republicans and President Trump, American manufacturers are hiring new employees, building new facilities, purchasing new equipment, and investing in current employees through pay raises, increased benefits, and bonuses. 
ATR has compiled  cherry-picked 110 manufacturer examples, including:

Reality

U.S. manufacturers experience worst month since 2007-2009 Great Recession, ISM finds.  (Market Watch, 10/1/2019)
The sharp decline in the index raised the specter of recession, wiping out early Wall Street gains and sending stocks lower.  Readings over 50% signal business conditions are getting better, below 50% indicates they are getting worse.


According to Merriam-Webster, the first-known use of 'cherry pick', as in 'to select the best or most desirable', occurred in 1965.

Other coinages from the same year include:
  1. bogart
  2. chill factor
  3. cozy up
  4. head case
  5. lose-lose
  6. mockumentary
  7. slickster
  8. swingman
  9. Ugly America


No comments:

Post a Comment