Anheuser-Busch’s new CEO said the company’s Belgium-based parent AB InBev is “very bullish” and committed to investing in the U.S. following the passage of President Trump’s tax overhaul legislation.
“We just finished our board meeting two weeks ago, where we said that we are committed to the U.S. market and that we are still very bullish on the U.S.” Michel Doukeris, Anheuser-Busch CEO and AB InBev’s North American zone president told FOX Business.
“We are also very excited because our plants that we have in the U.S, we are going to put in around $2 billion [worth] of investments,” he said. An annoucement that the company made back in May, a few months into Trump’s first term
Doukeris, who has only been at helm for less than a month, is tasked with growing U.S. sales, after many customers, especially millennials, have turned a cheek on iconic brands like Budweiser in favor of craft beers and spirits. – READ MORE
[give_form id=”79809″] [divider][/divider]A telling new survey by the Pew Research Center reveals that Democrats who considered the economy a top priority under the Obama administration have changed their tune now that the economy has taken off under Trump.
The results of the survey are stark. In 2013, an overwhelming majority of the Democratic party (87 percent) said that strengthening the economy was a top priority, whereas today just 64 percent of Democrats say they consider the economy a key issue.
Something similar has occurred in Democrats’ appreciation for the importance of jobs. In 2013, 81 percent of Democrats said they viewed improving the nation’s job situation as a top policy goal, while today just 58 percent of Democrats say this.
Taking the place of the economy and employment among Democrats’ top priorities are global warming and environmental protection. Today, 68 percent of Democrats and those leaning Democratic say that addressing climate change should be a top priority for Trump and Congress, Pew found. By contrast, a scant 18 percent of Republicans and Republican leaners say it is a top priority. – READ MORE
[give_form id=”79809″] [divider][/divider]A majority of small business owners, 63.8 percent, believe that President Trump’s policies have helped their business, according to a survey from the Job Creators Network.
More business owners—57.5 percent—believe Republicans do a better job of managing economic issues than do Democrats (14 percent). The survey finds the support is likely due to Trump’s ability to roll back regulations and red tape on businesses.
A majority of businesses also support the tax reform package that was signed into law and believe media coverage of the proposal was biased.
Sixty-eight percent of small businesses view the legislation favorably or somewhat favorably. Fifty-eight percent said the Tax Cuts and Jobs Act will benefit their business.
“Since much of the media coverage surrounding the bill has been critical (57.3 percent of respondents viewed the coverage as biased), these numbers provide insight into what the biggest job creators in the country are expecting to gain from the new tax relief,” the survey explained. – READ MORE
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