NEW YORK, Jan. 19, 2017 /PRNewswire/ -- "By reversing Obama administration policies, Donald Trump will create a vigorous US recovery that will generate powerful ripple effects in America, the UK and throughout the world," predicted Richard Torrenzano, CEO, The Torrenzano Group, before a gathering of ministerial and corporate leaders in Westminster, London.
"From the C-suite to the union hall, Americans are starting to feel that something big and positive is building," Torrenzano said. "The US economy will roar in 2017."
Torrenzano said he is bullish because of "a virtuous cycle" based on new spending from millions of Americans returning to work, lowering of US corporate tax rates, as well as the removal of thousands of irrational regulations.
At the meeting, Torrenzano was introduced by Lord Tim Bell, former aide to Prime Minister Margaret Thatcher, and public relations and advertising executive who has founded a new firm, Sans Frontières. For almost a decade, Torrenzano was a member of the management and executive committees of the New York Stock Exchange and was also based in London as director and senior vice president corporate affairs for SmithKline Beecham.
Torrenzano also said that it is remarkable that Donald Trump is the first president-elect to compile a record of achievement before taking the oath of office.
"President-elects are supposed to be like brides before the ceremony, unseen until the music starts. Trump has arguably done more for jobs in America as president-elect than Barack Obama did in eight years as president.
"Part of the president-elect's ability to gain job-creating concessions from United Technologies/Carrier, Sprint and several automakers is due to Trump's unique style of putting companies on the spot with frank communications and skillful use of social media.
"Donald Trump represents the triumph of social media. He will continue to use digital media as a cudgel to move people, companies and other leaders. These practices are sure to disrupt and reshape governmental and business communications throughout the world.
"Leaders of business and public organizations will need to be skilled and drilled in social media, develop armies of followers and, as automobile manufacturers learned the hard way — be ready to respond with the new timing of the 8-hour digital day."
For a full text of the prepared remarks, A Briefing for Leaders: The New Trump Administration,
What it Means for America, Britain and the World
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SOURCE The Torrenzano Group