(Total Views: 56)
Posted On: 02/09/2017 12:13:56 PM
Post# of 65629
Accurate, every last word of it:
Quote:
NBC News reported that companies are afraid of having their stock price dinged by a negative Trump tweet, so they are taking old or existing expansion plans and reissuing them as new, “But peel back a layer and the promises come with some caveats.
A company’s plan to increase capital expenditures, which include jobs and facility improvements, are typically years in the making. Some of these “announcements” are old news in a new hat.”
The jobs that Trump touted from WalMart, Amazon, Sprint, Bayer, and GM had already been announced, were already planned, or were part of the company’s normal yearly growth strategy.
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