To: Les H who wrote (47873 ) 9/21/2025 3:59:32 PM From: Les H Read Replies (1) | Respond to of 48953 Behind closed doors, our top CEOs say Trump is bad for business and it’s time to Make America into America Again Then there’s the uncertainty that hangs over everyone’s business during the second Trump term, and why CEOs told us that they’re watching and waiting. Across town the same day, Federal Reserve Chairman Jerome Powell described the “ low firing, low hiring environment ” in the labor market. We could have told him why. As we saw in the first Trump administration, there is also the larger question of which major capital investment announcements are truly new, or whether they are old plans dusted off and repackaged to appease an exacting president. Past examples of widely celebrated manufacturing investments that petered out include the failed $10 billion Foxconn factory in Wisconsin . And while the president may still like to hold star-studded events celebrating the supposed hundreds of billions of dollars being invested in the U.S. because of him, the validity of some of those commitments has been called into question. Other pledges are once again encountering indefinite delays . CEOs at our event repeated stories of similar quandaries. A well-known business leader with a significant manufacturing footprint in the U.S. and abroad told the group that while they want a level playing field and support the president’s goals in that regard, their company can only offset some of the tariff-related cost increases through operating efficiencies and tax benefits from the recently passed “One Big Beautiful Bill.” They added that for now, the cost of tariffs still far exceeds the benefits provided by the Trump administration, drawing murmurs of agreement from the room.finance.yahoo.com Repeated lying eventually runs into skepticism and delays. And the problem is compounded by the fact that Trump and his ceo's think it's more impressive to make the numbers larger when it really makes them less credible.