Over 60 Percent of CEOs Expecting Recession, 15 Percent Already in Recession: Survey
A significant majority of CEOs are worried about an upcoming potential recession while many are also worried about the issue of margin compression.
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A significant majority of CEOs are worried about an upcoming potential recession while many are also worried about the issue of margin compression.
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Chatter about recession is really, really too much. paul: what aboutth investment, capital investment? that is one of the big arguments that i know i made, other people made, about i think you did too. >> i did. paul: argument for tax reform. that had been so slow during the obama era of expansion. postcrisis. we thought there was a lot of room to move that up with deregulation and tax reform. is that working? >> it has moved up. people forget that. if you look at year-over-year increases, they are faster now than they were in 2016, 15, 14. if you look at comparisons to projections made before...
The economy yet. is that also in your view entirely motivated by politics? >> trish, if this were any other president, getting the results that we're getting right now in the economy, we would be crawling about the results. 2 million new jobs created last year, 860 regulations pulled back, 500 people bureaucrats fired at the va for non- performance, 300 fired at the department of education. consumer confidence is up at a 16-year high. ceo confidence is 20-year high, 123 companies decided to give year-end bonuses related to the tax deal. trish i'll tell you this economy is beginning to move and...
Washington's benefit. but not to their benefit. and he saw that he spoke to them curing the campaign. i think it's the reason he won all these upset states, ohio, pennsylvania, wisconsin, michigan. but it's not enough just to speak to them politically. you have to also deliver economically. and i think this is -- i call him president promise keeper. this is president promise keeper now delivering on the promise he made to them during the campaign that jobs and investment are on shoring back to the united states. steve: one of the things he said yesterday during the festivities at the white hou...