Well so much for the rocket fuel that was going to drive companies into hiring more employees. As President travels around talking about low unemployment many are still not feeling it. In fact Goldman Sach announced that corporations have already used the tax break to buy back over 700 billion on their way to a trillion by the end of the year. This break was to generate new stimulus and create new jobs and companies would be buying new hardware. What is really happening the tariffs followed by questions about the long term health of the economy have driven companies into buying back their stock instead of investing it into new business. https://www.nytimes.com/2018/08/06/...rkets-next-1-trillion-milestone-buybacks.html "American companies are set to hand a record amount back to shareholders in the coming quarters. Corporate boards have authorized the repurchase of $754 billion of stock so far this year, up 80 percent from the same period last year, according to a Goldman Sachs report. And that figure could reach a record $1 trillion by the end of the year. The surge in buyback announcements is likely to stoke further debate about the $1.5 trillion tax cuts enacted late last year. The overhaul reduced the corporate tax rate to 21 percent from a high of 35 percent and provided a permanent break on overseas profits. The White House and congressional Republicans said the tax bill would encourage companies to make long-term investments and would provide “rocket fuel” for the American economy. Democrats argued the legislation would lead to an increase in share buybacks and wouldn’t stimulate corporate investments. So far the pace of hiring has picked up this year, though wage growth has remained stubbornly slow, and business investment in equipment increased more slowly in the first half of the year."