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So what’s wrong? An excellent New York Times piece today by reporter Binyamin Appelbaum notes that while economists accept slower growth is partly the result of long-term trends, they also think the aftermath of the Great Recession and the Not-So-Great Recovery are playing a role. Among the former factors, you have (a) the demographically-driven decline in labor force participation, and (b) an apparent productivity slowdown starting in the mid-2000s as the pace of technological innovation and diffusion has slowed.
Labor force participation... what is it now... what was it then? The unemployment rate went down, the people were also dropping off of the labor force count.
Disappearing manufacturing jobs have been a dominant issue on the campaign trail. Overall, manufacturing jobs have declined 122,000 since February 2009. But some blue collar jobs are growing, such as construction.
The bottom line is: Almost all of the job gains under President Obama have been in so-called service jobs, such as those in Silicon Valley and consulting. Others are the low-end jobs, toiling in stores and restaurants.
Corporations have brought back more than $1 trillion of overseas profits to the U.S. since Congress overhauled the international tax system and prodded companies to repatriate offshore funds, a report showed Thursday.
Even so, the total remains well short of the $4 trillion President Donald Trump said would return as a result of the 2017 tax law. The flow rose to $95.3 billion in the third quarter from a downwardly revised $70.4 billion in the previous three months, according to Commerce Department data, reaching a total of $1.04 trillion since the end of 2017.
Investment banks and think tanks have estimated that American corporations held $1.5 trillion to $2.5 trillion in offshore cash at the time the law was enacted. Before the overhaul, companies were incentivized to keep profits overseas because they owed a 35% tax when bringing it back and could defer payment by keeping funds offshore. The law set a one-time 15.5% tax rate on cash and 8% on non-cash or illiquid assets.
I think we have one of the answers as to why our economy is better... more cash is flowing around.
Well, that's good news. The big question would seem to be "What's being done with that money?", though, right?
that when the dust settled, the $$$ brought back were supposed to be invested in their companies, their infrastructure, their employees and their future....
I believe the net result was massive buybacks of their own stocks, inflating their supposed "worth", and distributions to shareholders... not actual investments in their companies' future.
This is how we roll - short-term wins, long-term fails... your kids, grandkids, and great-grands will be paying for this and the "Great Tax Cut" long after you're toes-up.
I would hope a guy that ran a casino in the ground wouldn't be forcing financial decisions on people.
No matter, I hope it works out for everyone when the music stops. Surely Daddy Trump* will have a better solution for those effected than his go-to action of multiple bankruptcies.
"I would hope a guy that ran a casino in the ground wouldn't be forcing financial decisions on people."
You act as if he was the ONLY one whose casino faled. You might want to look up how the Indian reservations opening casinos affected ALL of Atlantic city.
I would rather listen to someone who turned a few millions into BILLIONS then someone who done a damned thing.
I would hope a guy that ran a casino in the ground wouldn't be forcing financial decisions on people.
No matter, I hope it works out for everyone when the music stops. Surely Daddy Trump* will have a better solution for those effected than his go-to action of multiple bankruptcies.
He has had about 6 bankruptcies....vs his owning or part owner of over 500 business.....
If you cannot figure the math out that's 0.012% of his businesses failing....that's what you are hanging your hat on?
No, a very false equivalency once we talk about scale.
But let's play that game. In any event, that's 25 cents (or $150 BILLION in direct taxes, and $1 TRILLION in total influx into the economy) that would not be in the economy if Democrats had their way. It takes very special people to try to spin this in a negative light
Yet here they are, and it took all of 3 posts to spin it....
Remember when the Left was telling us that Trump was going to destroy this country and cause World War 3? LOL.
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There hasn't been much difference in jobs created in, like, 20 or 30 years. 
