[threeseed]

I would be very surprised if that 1T infrastructure spending bill ever sees the light of day.

Firstly, the US has a massive budget deficit and with upcoming corporate tax cuts the question will be where the money is going to come from. Secondly, the US is approaching full employment at ~5%. Now sure there is significant underemployment but you have to wonder if (a) there is enough people to build out all this infrastructure and (b) if the states even have enough shovel ready projects. Because they sure didn't during the GFC when Obama was looking for an infrastructure stimulus.

[NotSammyHagar]

The republicans just busted the budget when bush 2 was president, so I expect that to continue. I figure this won't happen because they had the liberal states. But the employment situation is interesting, because we have multiple different worlds in the US. the coastal tech and big city tech economies are mostly great. It's the in between places that trump supports that are doing terrible. Those places need jobs, and there aren't any.

[trome]

Except job wise, most of those areas have recovered, albeit with service industry jobs replacing industrial, but those jobs as they return to the US are nearly fully automated.

If Trump can stop kicking Boeing and others in the teeth we might even retain those jobs in the industrial sector that have remained thus far. Trump blowing up contracts Boeing has with airlines overseas bodes poorly for that though.

I predict we'll see another bubble since Trump removed most of the financial restrictions put in place by Dodd-Frank, lining us up for another 2007 bubble collapse all over again. Go Trump!