Apple said it will "contribute" $350 billion in the US economy over the next 5 years.
The effort will include the creation of 20,000 new jobs and a new campus.
The tech giant expects tax repatriation payments of about $38 billion, and credits the new tax bill. Apple's CEO, Tim Cook, said "Apple is a success story that could only have happened in America, and we are proud to build on our long history of support for the US economy."
Normally, this continuous stream of good economic news would be good news for the party in power (in this case, the GOP). But the era of President Trump has analysts wondering which political rules still apply.
Certainly, Democrats hope that the 2018 elections are NOT about the economy and more about the President's behavior. Here's Rep. Maxine Waters calling Trump "the most despicable human being that could possibly ever walk the earth.”
But if the fundamentals of politics still apply and Republicans can keep voters focussed on the economy, 2018 should be a good GOP year.
In case the old rules DON'T apply, Republicans have their own plan to tie their opponents to an unpopular incumbent: Nancy Pelosi.