Maybe we can call it “The Trump Factor.”
Ever since The Donald won the presidency, business owners in this country have been smiling.
After eight years of President Obama’s regulatory controls and outright hostility toward Wall Street and Big Business, pretty much any White House chief would be an improvement. Well, no, not really – not Hillary Clinton or Bernie Sanders – but honestly, almost anybody.
The joblessness has been miserable in this country for years and the economy, despite Obama’s ridiculous claims, has been terrible. And the number of Americans who’ve just outright dropped out of the job force who’ve quit looking for work because they don’t think there’s any to be found? Dismal and record-setting.
Thanks much, Obama.
But a new day is dawning. And Trump’s business sense has already shaken up Wall Street…in a good way.
“Optimism among America’s small businesses soared in December by the most since 1980 as expectations about the economy’s prospects improved dramatically in the aftermath of the presidential election.,” reported Bloomberg.
That’s no joke.
Here’s more, and get ready to applaud:
“The National Federation of Independent Business’s index jumped 7.4 points last month to 105.8, the highest since the end of 2004, from 98.4. While seven of the 10 components increased in December, 73 percent of the monthly advance was due to more upbeat views about the outlook for sales and the economy.”
Just think: Trump hasn’t even taken office yet. How much higher can the numbers go?
Business owners are already thinking of expanding. And you know what that means for the American worker, long starved for raises and better positions? It means more competition – and more competition means employers are going to want to attract the best and the brightest with the best pay and benefits.
And once those workers are hired – and this is key, because it hasn’t been a strong business principle for years – employers are going to want to keep those employees. How do they do that? With better pay, better incentives and an all-around better working atmosphere.
Awesome. The stars haven’t been shining this brightly on the business sector in eight years.