Obamacare

The Narrative Changes: Republicans "Pour Cold Water" On Trump's Massive Stimulus, Will Block Tax Cuts

Trump’s race to enact a "huge" stimulus went under a caution flag as Mitch McConnell warned he considers current levels of U.S. debt “dangerous”, and said he any tax overhaul should avoid adding to the deficit. "I think this level of national debt is dangerous and unacceptable." McConnell also poured cold water on the idea of a massive stimulus package, effectively laying out markers on taxes and spending.

Getting In Bed With Government

The recent deal to keep Carrier jobs in the United States is not at all unusual. It only received so much press because Trump made it a campaign issue and saw an opportunity to record a big early PR victory before he even took office. In reality, the intertwining of government and big business meets the definition of fascism.

The Obamacare 'Dilemma' In One Infographic

America’s healthcare system is at an inflection point, and no one really seems to know how to solve it. President-elect Donald Trump has consistently called to repeal or replace the Affordable Care Act throughout his campaign, but many pundits see this as being a catch-22 for the incoming administration.

Waiting For The Trump Fiscal Stimulus To Hit? Forget About 2017

According to Goldman calculations, the likely phase in period for the Trump fiscal stimulus is the very end of 2017, if not early 2018 at the earliest: "Our preliminary expectation is that the growth effects from looser fiscal policy would be concentrated in Q4 2017 and the first half of 2018."

Carrier & The Slippery Slope

Time will tell whether this Carrier deal was just a symbolic line in the sand, or whether it is a sign of future government interventionist policies which will ultimately backfire. In the long run, the less government, the better.

"Things Have Tapered Off" - US Services Economy Jumps To 13-Month Highs But New Orders Stall

After spiking to 2016 highs in September/October, the US Services economy slipped lower in November according to Markit with signs of margin squeezes appearing as input cost inflation hits a 15-month high, but prices charged remained flat, and payrolls growth remains weak (well below average). However, ISM reported a big beat, with Services at the highest since Oct 2015 (despite a drop in new orders).