Wednesday, December 20, 2017

Congress Sends a Christmas Present

Tax reform passed, let the celebrations begin! Wait - Democrats are saying bah-humbug. Are they being the Grinch?  Let's check for any results thus far. 

Let's see - AT&T is giving each and every one of its employees a minimum $1,000 Christmas bonus and announced plans for $1B in capital spending. Boeing is giving $300M to employees and to charity. Delta and Southwest have announced that they are looking at large new airplane orders. Nope, definitely no stimulative effect so far. 

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