Americans’ perception of how the world views the United States soared in recent months; hitting levels not seen since the American-led invasion of Iraq in 2003.
According to a new poll published by Gallup, 58% say the United States “rates very or somewhat favorably” around the globe.
“The increase in the overall figure is the result of an increase in the percentage of political independents saying the U.S. is rated favorably abroad, up eight percentage points, from 50% to 58%. Meanwhile, the views of Americans identifying as Republican or Democratic haven’t changed,” writes the survey.
“Americans are fairly upbeat about the country’s global image, the percentage satisfied with the position of the U.S. in the world today is also at a relatively high ebb,” adds Gallup.
Read the full report here.
GREAT AGAIN: 10-Year Economic Optimism SURGES, 71% Forecast Long-Term Gains
A new financial report from UBS released this week shows long-term economic optimism jumping to 71%, with investors and insiders saying the US recovery will likely continue over the next decade.
“Long-term investor optimism is up, with more than seven-in-10 calling the economy’s fundamentals “strong,” according to a new investor and business survey,” writes the Washington Examiner. “The latest UBS Investor Watch Pulse Poll found that 71 percent are more optimistic about the 10-year economic outlook than they were just two months ago when it was still a high 68 percent.”
“The poll was the first to take the pulse of investors and business amid the government shutdown, which has prompted the administration to cut back on the size of it’s delegation to the World Economic Forum in Davos, Switzerland,” adds the report.
Read the full survey from UBS here.
GREAT AGAIN: $300 Billion ‘FLOWING BACK’ to US after GOP Tax Cuts
Billions of dollars of American currency formerly overseas is now flowing back into the United States following the GOP-sponsored tax cuts, according to Fox Business and new statistics released this week.
The data shows over $300 billion was repatriated back to the United States in the first quarter of 2018; beginning just weeks after the President signed the sweeping overhaul of the nation’s outdated tax code into law.
“The [Bureau of Economic Analysis] notes the main driver of the repatriation surge is that companies are no longer taxed on foreign earnings when returning the funds to the U.S,” writes Fox.
“U.S. firms that used to build their factories overseas in order to avoid U.S. taxes, they stopped in their tracks because of the tax bill, they are bringing all the money home,” said Kevin Hassett, chair of the president’s Council of Economic Advisers.
Read the full story at Fox Business.