Discussion in 'UPS Discussions' started by Jkloc420, Dec 4, 2017.
invest in buildings
Bring back awards and the Turkey gift.
Don’t fool yourself, the reason the market has been exploding over Corp tax cuts is the money will go towards stock buybacks and dividend increases, not hiring. With the very low unemployement rate and stagnant wage increases, the American workers have sold themselves short.
at&t already said they will invest 1 billion creating 7000 jobs if it goes through, some will buy back stock which is good for those in the stock market. Also companies get immediate expensing
And UPS will hire enough drivers for peak. /s
The real reason Wall Street is euphoric over the tax plan
ups is already building new buildings, overdrive with the 20 percent
With money not from the tax cut, investing in AUTOMATED buildings.
Companies can instantly increase thier EPS by eliminating outstanding stock from buyback, making the stock rise even more on a beat.
But hey, believe what you want, I’m good either way
dont need to history proves all of the above can occur, going all the way back to jfk's tax
Except even Abney said this peak will rely on automation and technology even more then ever, without the need to hire more employees.
With a 4% unemployment rate, why would companies invest in creating positions that can’t be filled? Reason, they don’t.
ups hired 90000 people, the same number the year before and in case you havent notice ups is hiring a lot of off the street drivers. Their driving ranks cant keep up with the volume, thats why they will hire, they have to
and even if companies dont hire and just invest, that will create jobs, buying equipment creates jobs
And volume is up 15%. You just gave an example of doing more work with the same amount of people.
Yeah, they’ll hire more people /s
they aren hiring union people, they are hiring outside help, ups can only hire wants in the pool. Which they are
Ok, come back to this thread in a year and we’ll see which happens first.
nothing because it might be delayed a year, got to see what the final bill is, however you are right, we have a 'wait and see' approach
You're not making a lick of sense man.
He rarely does----he should do us all a favor and stay in Romper Room.
I think he was trying to convey they are subcontracting with gypsy feeders and PVD’s, least that’s what I think his arguement is.
Didn’t Obama try the same thing and the savings went to shareholders....
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