Columbus, Ohio, Dr Matt Roberts discussed on Town Hall Ohio - Joe Cornely


Say presidents always get too much credit and too much blame for the economy or like quarterbacks korda exactly like quarterbacks as we are well aware in in columbus having said that i think that it's clear the markets have decided that they can the trump presidency maybe is not as negative as they thought it was going to be early on other certainly worse than worries that were some gyrations my personal opinion i can't back this up with any real studies or data it's it's kind of anecdote driven i think what the markets have come to realize is we're not gonna have much actual change much legislative change during the trump presidency and in the re in reality when we look over the past couple of decades what we see is generally times of strongest growth were times when we had gridlock in dc why this is again personal opinion it means that as a businessperson you know this you knew the conditions you're operating in i believe is a businessperson what you don't want our continual changes in regulation continual changes uncertainty and i believe what the but wall street has come to realize as we are probably in for another four years of gridlock definitely uh i've heard before business people say give me a good tax environment give me a good regulation environment or give me a bad one just dunk keep change at on me let me have this time in the space so that i can plan dr go off yet is the owner of region now mix dr matt roberts is the owner of the kern mantle group couple of privatesector economist joining us to talk about what's going on in the economy uh bill i know the one of the things that you focus on primarily central ohio but you look at the whole state to is the fact that the oil hi oh economy is changing in what way well the uh the manufacturing sector uh is certainly shedding employment over time we had more than a million people in manufacturing twenty years ago now we've got something like six hundred thousand and so uh as those jobs gatt replaced by technology which has what's happening to the majority of them um we have a need for people with higher skill levels but we have a need for fewer people and so the the real challenge becomes figuring out what.

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