Updated Dec. 7, 2016 at 7:59 a.m.

Premium Lock Duke survey: Finance exec optimism surges after Trump victory

Published: 2016-12-07 07:54:00
Updated: 2016-12-07 07:59:42

Duke's John Graham Duke's John Graham

Chief financial officers' optimism surges in the Duke CFO survey as Donald Trump wins the presidency and begins moving ahead with changes in policy, from taxes to regulation. And such optimism usually means more jobs as well as economic growth are on the way....

Read More
Read More

WRAL TechWire any time: Twitter, Facebook

Copyright 2017 WRAL TechWire. All rights reserved.
The Skinny

The Skinny

WRAL TechWire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector. Read more articles…

page 1
sort order: oldest first | newest first
Key point. The government must raise revenue from some where. Since Trump is calling for more military spending and infrastructure spending, that is going to mean a lot of revenue must be raised. Where, besides corporations, will that come from? Either a large increase in the national debt which people have been very critical of the last 8 years, or higher taxes on individuals. While the CEOs are looking short term and seeing a big payday from tax reductions, they need to be looking at what consumers can buy after they get hit with tax increases. Or tolls to pay for all the infrastructure, fees for other services, or just removing services people count on. Like agriculture price supports. Or the debt gets so high US credit gets downgraded. Again. What they see is a big increase in their bonuses when their net profit increases dramatically for a couple of years. What's left over will be used for automation, cutting more jobs. It will not trickle down to workers or buyers.
page 1
sort order: oldest first | newest first

Please Log In to add a comment.

Latest for Insiders