I don’t consider myself a right wing person. I would consider mystelf a conservative. I believe in conserving the environment, energy and money Also I believe in preserving certain cultural behaviors dealing with harmonious human interaction. Unfortunately the word conservative in America doesn’t convey such warm feelings. It is interpreted as an adverserial and antagonist way of thinking. Understandably the political conservatives historically have been against environmental conservation, energy conservation and fiscal conservation in thier massive defense spending. I’m just stating what most people think, I am not bashing conservatives.
I’m writing now to discuss and even applaud the new Trump administration’s job creation. I believe the president has done a good job even before his first day in saving jobs here by putting fear into manufacturers. This should be applauded unless you like having people dependent upon the state which results in increased texes. The government has to get that money from somewhere. It’s like osmosis.
There has been a good amount of discuss regarding labor. Heath insurance, minimum wage, unions, guaranteed minimum income, helicopter money, right to work, worker cooperatives and more. I’m only choosing to write about my limited understanding of right to work states. My assumptions are they are usually Red States, anti-union, anti-minimum wage and pro corporate tax breaks. All qualities attractive to companies seeking to outsource within the domestic United States. The current president is making it hard to outsource labor outside of the US so I expect that there will be a hot potatoe game of corporations relocating to these states. According to google the list of states are as follows:
Alabama,Arizona, Arkansas, Kansas, Florida, Georgia, Idaho, Indiana, Iowa, Louisiana, Michigan, Mississippi,Nebraska, Nevada, North Carolina, North Dakota, Oklahoma, South Carolina, South Dhhakota, Tennessee, Texas, Utah, Virginia, Wisconsin, and Wyoming.
Though these states are attractive to colorations they are also some of the most debt laden and suck from the federal government. Unlike worker friendly blue states that contribute to the Federal government coffers.
In the short term there will be an influx of growth due to the things I just mentioned in addition to lowered environmental regulations and promotion of gas/oil exploration. In the long term the tax deferring will cause deficits, the oil will dry up and the earth/air/water will be polluted.
It will be profitable buy stocks in utilities from now until I assume end of 2018/2019. Barring a weather event or other man made devastation economic or physical. That is when all the speculation will be taking place. We have already seen a lot of speculation since November 2 2016 that business will prosper under the current president. But there are still many late coming suckers/speculators that will help to boost the price of shares in the next maybe 24 months.
So lets get back to work, in the oil fields, in the coal mines, in the automotive factories and without healthcare, without a minimum wage, without union protection. Hey at least we’re working right?