by Mitch Kokai
Senior Political Analyst, John Locke Foundation
Beyond the president’s call for bipartisanship, he has also delivered on his promise to continue to take steps to boost our economy.
And so far, his plan is working.
Since President Trump was elected, more than 20 Consumer Technology Association (CTA) member companies have made 40 major job announcements and shared plans to create more than 250,000 U.S. jobs. Most recently, as the president highlighted in his speech, Apple announced a $350 billion investment into our nation’s economy and plans to create 20,000 jobs.
There’s no question President Trump helped spur this job creation and economic growth. Here are three reasons that, thanks to President Trump, the tech industry is creating jobs:
1. Tax reform
It was the best holiday gift the business community could receive. We’ve already seen the impact of the historic tax legislation that Trump signed on the stock markets, and corporations of all sizes will also see a difference. …
… 2. Cutting rules
Soon after taking the oath of office, the president enacted significant regulatory reform, ending more than 400 unwieldy rules. This is a radical change from what we experienced under the previous administration. …
… 3. Bully pulpit
Because of the Trump administration’s bully pulpit, CEOs across America have been able to reconsider what it means to lead responsibly. After countless years of morality being defined by legality and increasingly complex rules, business leaders are considering how they can use their brand, their voice and their platform to promote good. Sometimes, this means challenging federal leadership, speaking up where they are not acting in the best interests of the economy and the nation. But the fact that it’s a conversation — not a monologue — is largely due to President Trump.