General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsQuestion - given the latest tariffs, don't you find the silence of the US Chamber of Commerce
deafening?
guillaumeb
(42,641 posts)My opinion.
And Melania Trump is in witness protection.
Wellstone ruled
(34,661 posts)out to lunch. They are so screwed!!
malaise
(269,328 posts)They are only interested in regulations - not commerce
https://www.uschamber.com/the-news/chamber-chief-calls-trump-kill-wide-range-obama-regulations
<snip>
Chamber chief calls on Trump to kill wide range of Obama regulations
Wednesday, January 11, 2017 - 4:00pm
Source:
Washington Times
By Dave Boyer
The president of the U.S. Chamber of Commerce called on President-elect Donald Trump and the Republican-majority Congress Wednesday to roll back Obama-era regulations on clean power plants and health care while pursuing new trade deals and immigration reform.
On January 20th, President Trump can begin to eliminate the regulatory burden imposed by executive orders, said Chamber CEO Thomas Donohue. We urge him to act immediately and continually. There is no justification for the regulatory overkill we have seen over the last eight years.
In his annual address on the state of American business, Mr. Donohue said American employers forecast economic growth of 2 percent to 2.5 percent this year, with two or three hikes in interest rates by the Federal Reserve.
Business is optimistic because we see a once-in-a-generation opportunity to enact major reforms that could transform the American economy from a low-growth to a high-growth economy, he said. With their votes, Americans sent a strong message. They want a real change in the countrys economic course.
Wellstone ruled
(34,661 posts)Have to say,you just can not fix stupid statements like this on from the Chamber. Minimum forecast with the proposed Tariff's,will reduce that 2-2.5 percent idea right out the door by 1 full percentage point and as a result of pass through price increase,cause a major hike in Prime interest rates pushing 8% within a short period of time.
Guess what,major recession. Auto's and retail take the first hit. Remember Janesville Wisconsin after GM bailed,will the 7 to 1 job loss was the case in that town,and that was just one plant. Just using that as a quick reference.
Donohue is about to get his lunch handed to him. And his Supply Sideism with it.
malaise
(269,328 posts)All they want is total power and no regulations
Wellstone ruled
(34,661 posts)coming to a neighborhood near you,sponsored by the Heritage Foundation.