Al Caicedo believes that there’s probably more good economic news on the way. There’s always variables and unknowns, but with real unemployment at 8.1%, there’s plenty of room for better numbers. Wage growth has been slow, but the workforce participation rate has been ticking up. With a tight job market, wages could start going up. The tax cut should be putting more money in workers pockets. As always there’s winners and losers, but there are certainly more winners than losers. Corporate tax cuts should lead to higher wages and more jobs. How will they use that money?
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