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View Full Version : Ford to scrap Mexico plant, invest in Michigan; CEO cites Trump policies



tlongII
01-03-2017, 01:52 PM
http://www.foxnews.com/politics/2017/01/03/ford-to-scrap-mexico-plant-invest-in-michigan-ceo-cites-trump-policies.html


Before he's even taken office, President-elect Donald Trump has proven to be quite the job creator.

Ford Motor Company announced Tuesday it will cancel a $1.6 billion plant planned for Mexico and will instead invest $700 million in a Michigan assembly plant, directly tying the decision to “pro-growth policies” championed by President-elect Donald Trump.

Trump had previously been critical of Ford’s plans to build in Mexico. After the announcement, Trump tweeted a link to a story about the Ford decision and then added in a subsequent message: "Instead of driving jobs and wealth away, AMERICA will become the world's great magnet for INNOVATION & JOB CREATION."

CEO Mark Fields, speaking at an event at the Flat Rock Assembly Plant, said the policies that Trump “and the new Congress have indicated they will pursue” were vital to the company’s decision.

“We believe these tax and regulatory reforms are necessary to boost U.S. competitiveness,” Fields said.

Tuesday's announcement was the latest in a string of pre-inauguration successes for Trump in the manufacturing sector.

In early December, air conditioner and furnace maker Carrier agreed to stay in Indiana after weeks of negotiations headed by Vice President-elect Mike Pence. The decision reportedly saved about 700 jobs that would have been shifted to Mexico.

Later in the month, wireless provider Sprint and Internet company OneWeb announced they would be adding thousands of jobs in the U.S. Both companies are controlled by SoftBank founder Masayoshi Son, who had previously met with Trump.

Earlier Tuesday morning, Trump took aim at another auto giant: General Motors.

"General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A. or pay big border tax!" Trump tweeted.

GM, however, quickly pushed back on Trump's assertions.

"GM builds the Chevrolet Cruze hatchback for global markets in Mexico, with a small number sold in the U.S." a statement said.

The investment in the Flat Rock plant is set to create 700 jobs, according to Fields. The money, which was taken from the $1.6 billion earmarked for the Mexico plant, will be used to open a new factory that will build high-tech autonomous and electric vehicles as well as the Mustang and Lincoln Continental, the company said in a press release.

"I am thrilled that we have been able to secure additional UAW-Ford jobs for American workers," UAW Vice President Jimmy Settles said in the release. "The men and women of Flat Rock Assembly have shown a great commitment to manufacturing quality products, and we look forward to their continued success with a new generation of high-tech vehicles."


#WINNING!

Chucho
01-03-2017, 01:58 PM
Que some sour grapes, Leftwing nutjob article from Boots about how Henry Ford was a Nazi and created the 40 hour work week to enslave people and that a good leader would let people make 40-hour-per-week-checks for not working at all.

boutons_deux
01-03-2017, 02:07 PM
If this Ford move, which probably has a more accurate hidden story to come out later, was bad for Ford but pleasing to Trash, Ford wouldn't do it.

you Trash fellators are so fucking simple-minded

baseline bum
01-03-2017, 02:34 PM
I'll take Fields on his word here. Obama saving GM is one of the big reasons I voted for him in 2012, so if Trump can deliver jobs he'll get my 2020 vote too. I hope he does.

mavsfan1000
01-03-2017, 02:37 PM
:worthy::worthy::worthy: Trump

Fabbs
01-03-2017, 02:56 PM
What's in it for Ford profits?

Please sheeple.

boutons_deux
01-03-2017, 03:27 PM
I'll take Fields on his word here. Obama saving GM is one of the big reasons I voted for him in 2012, so if Trump can deliver jobs he'll get my 2020 vote too. I hope he does.

for you jobs only will offset all the other shit Trash and Repugs are going to deliver?

Chucho
01-03-2017, 03:36 PM
for you jobs only will offset all the other shit Trash and Repugs are going to deliver?


What scary things are they going to deliver, Chicken Little?

boutons_deux
01-03-2017, 03:40 PM
What scary things are they going to deliver, Chicken Little?

maybe a war or two, defunding PP, IRS, SEC, Education, VA, kill CFPB, killing net neutrality, killing ACA and 100Ks Americans, appointing compromised rightwing extremists to 100+ of Federal judgeships, plus one two on SCOTUS, etc, etc, etc. approving every single mega-merger, causing 100Ks of job losses

Just look at Repug platform and Trash's agenda.

And that's not even considering the rampant cronyism, corruption throughout the Repug party, national, state, local.

DD
01-03-2017, 03:47 PM
maybe a war or two, defunding PP, IRS, SEC, Education, VA, kill CFPB, killing net neutrality, killing ACA and 100Ks Americans, appointing compromised rightwing extremists to 100+ of Federal judgeships, plus one two on SCOTUS, etc, etc, etc. approving every single mega-merger, causing 100Ks of job losses

Just look at Repug platform and Trash's agenda.

And that's not even considering the rampant cronyism, corruption throughout the Repug party, national, state, local.

You're so adorable when you're angry. Let me pinch your cheek

DMC
01-03-2017, 03:49 PM
What's in it for Ford profits?

Please sheeple.
So you think people here believe Ford did it out of the goodness of their hearts?

One big reason businesses in the US aren't profitable is because they are taxed and regulated into the fucking ground. Another, especially up north, is union labor that strong arms companies into paying high prices for basically unskilled labor.

DMC
01-03-2017, 03:50 PM
maybe a war or two, defunding PP, IRS, SEC, Education, VA, kill CFPB, killing net neutrality, killing ACA and 100Ks Americans, appointing compromised rightwing extremists to 100+ of Federal judgeships, plus one two on SCOTUS, etc, etc, etc. approving every single mega-merger, causing 100Ks of job losses

Just look at Repug platform and Trash's agenda.

And that's not even considering the rampant cronyism, corruption throughout the Repug party, national, state, local.
BigFord
BigSprint
BigTelecom
BigDeal

In the past 24 years you motherfuckers have had the con for 16. What did you do? Obamacare and Lewdinsky.

CavsSuperFan
01-03-2017, 03:53 PM
Got to give Mr. Trump credit for being such a bad-ass…Can’t wait to get rid of the MOM Jeans effeminate who has been occupying the white house for the past eight years…

spurraider21
01-03-2017, 03:56 PM
Only booboo gets mad at jobs.

Party-first bullshit per par

boutons_deux
01-03-2017, 04:06 PM
Only booboo gets mad at jobs.

Party-first bullshit per par

goddam,you're stupid, and still think Trash "saved" jobs at Carrier? :lol

there's more to the Ford story than the dickless CEO sucking up to Trash, wait for it.

baseline bum
01-03-2017, 04:17 PM
Only booboo gets mad at jobs.

Party-first bullshit per par

I nearly shit when boo ragged on Trump for kicking David Koch's friend off his golf course.

CosmicCowboy
01-03-2017, 04:18 PM
Boos gonna get tired of winning.

DMC
01-03-2017, 04:22 PM
goddam,you're stupid, and still think Trash "saved" jobs at Carrier? :lol

there's more to the Ford story than the dickless CEO sucking up to Trash, wait for it.

Typical left "proof by prognostication" bullshit.

Wait till it happens, asshole, then go fuck yourself.

boutons_deux
01-03-2017, 04:23 PM
I nearly shit when boo ragged on Trump for kicking David Koch's friend off his golf course.

.... shitty take. I'm obviously not a Kock Bros supporter, sympathizer.

the point, you missed, was how that tiny little man Trash is such big bully.

Fabbs
01-03-2017, 06:09 PM
So you think people here believe Ford did it out of the goodness of their hearts?

One big reason businesses in the US aren't profitable is because they are taxed and regulated into the fucking ground. Another, especially up north, is union labor that strong arms companies into paying high prices for basically unskilled labor.
I think it will somewhere in between.
Yes Ford coming back because the ridiculous tax / labor union bosses cuts being too high might be Trumped down combined with......lets wait and see what sweetheart bullshit is included like with Carrier.

Fabbs
01-03-2017, 06:12 PM
So you think people here believe Ford did it out of the goodness of their hearts?

One big reason businesses in the US aren't profitable is because they are taxed and regulated into the fucking ground. Another, especially up north, is union labor that strong arms companies into paying high prices for basically unskilled labor.
When Barry bailed out GM a lot of 'Pubs scoffed. In retro the Volt is a damn fine car. Yes it had some bugs when it first came out. Now it seems solid as hell.
Just gotta have either low cost home plug in or access to freebie plug in like at work.

DMC
01-03-2017, 07:52 PM
When Barry bailed out GM a lot of 'Pubs scoffed. In retro the Volt is a damn fine car. Yes it had some bugs when it first came out. Now it seems solid as hell.
Just gotta have either low cost home plug in or access to freebie plug in like at work.

Wasn't aware Obama bailed out anyone. I was aware GWB signed a bailout package for GM at the end of his last term.

Clipper Nation
01-03-2017, 07:59 PM
If this Ford move, which probably has a more accurate hidden story to come out later, was bad for Ford but pleasing to Trash, Ford wouldn't do it.

you Trash fellators are so fucking simple-minded
You're just angry that those 700 people won't be put on the government teat where the Democrats can buy their votes.

Chucho
01-03-2017, 08:15 PM
maybe a war or two, defunding PP, IRS, SEC, Education, VA, kill CFPB, killing net neutrality, killing ACA and 100Ks Americans, appointing compromised rightwing extremists to 100+ of Federal judgeships, plus one two on SCOTUS, etc, etc, etc. approving every single mega-merger, causing 100Ks of job losses

Just look at Repug platform and Trash's agenda.

And that's not even considering the rampant cronyism, corruption throughout the Repug party, national, state, local.

Half of those things arent bad at all. The other half isn't stuff we havent experienced with the last two devils who preceeded him. And the corruption he will bring in will be minimal compared to the Left reanimating the burnt ashes of Joe Goerbells to run their Propaganda Ministry, let alone being owned by Soros.

ducks
01-03-2017, 09:20 PM
I'll take Fields on his word here. Obama saving GM is one of the big reasons I voted for him in 2012, so if Trump can deliver jobs he'll get my 2020 vote too. I hope he does.

http://nypost.com/2017/01/01/trump-is-already-delivering-the-jobs-he-promised-america/ THere u go

boutons_deux
01-03-2017, 09:39 PM
http://nypost.com/2017/01/01/trump-is-already-delivering-the-jobs-he-promised-america/ THere u go

Another Murdoch toilet paper that endorsed Trash.

ducks
01-03-2017, 09:40 PM
You cite liberal papers supporting Clinton

Th'Pusher
01-03-2017, 10:03 PM
Wasn't aware Obama bailed out anyone. I was aware GWB signed a bailout package for GM at the end of his last term.

Actaully no. Congress killed the bailout package so GWB diverted money from TARP to bailout the auto industry against the will of most in his party. President elect Obama publicly supported the move and, once in office, funneled $10's B more to the industry. They both deserve credit (or blame).

Sloppy mf and a partisan hack to boot.

boutons_deux
01-03-2017, 10:04 PM
You cite liberal papers supporting Clinton

...but they tell the truth, bitch slapping the Repugs with their own words, actions, while your shit LIES nonstop

We'll see what the real story is with Ford. Industry analysts say car sales have peaked, gas prices going up, so maybe Ford decided against the $1.5B MX factory while brown-nosing Trash

CosmicCowboy
01-03-2017, 10:46 PM
Winning is giving boo hives. He hates winning.

boutons_deux
01-03-2017, 10:51 PM
Winning is giving boo hives. He hates winning.

More jobs would be created by weakening the U$D to goose exports, make imports more expensive, but Repugs think a strong dollar equals big national dick.

TDMVPDPOY
01-04-2017, 12:20 AM
and what is the tax incentives for ford? ...lol wont be payin much corporate taxes anyway....

trump if he was a real nigga he would clamp down on companies corporated overseas in tax havens who are operatin in american and deferring whatever income overseas to avoid taxes

UNT Eagles 2016
01-04-2017, 12:26 AM
libtard_deux overflowing with butthurt :lol

Wild Cobra
01-04-2017, 01:34 AM
http://www.foxnews.com/politics/2017/01/03/ford-to-scrap-mexico-plant-invest-in-michigan-ceo-cites-trump-policies.html



#WINNING!

Liberals just don't get it.

Ford sees positive regulation changes, rather than punitive ones.

Wild Cobra
01-04-2017, 01:35 AM
and what is the tax incentives for ford? ...lol wont be payin much corporate taxes anyway....

trump if he was a real nigga he would clamp down on companies corporated overseas in tax havens who are operatin in american and deferring whatever income overseas to avoid taxes

Low taxes on US soil is better than no taxes if elsewhere.

boutons_deux
01-04-2017, 08:23 AM
Liberals just don't get it.

Ford sees positive regulation changes, rather than punitive ones.

what regulations are restraining Ford?

Trash threatens to punish US companies with import tariffs, but what else?

lefty
01-04-2017, 08:37 AM
It's only a matter of time before their future employees go on strike :lol

:lol Don't worry, they will lose money in a few years and relocate to Mexico

boutons_deux
01-04-2017, 08:58 AM
The real story behind that exaggerated Ford tweet from Donald Trump

"Ford's contract with the United Auto Workers prevents it from shutting down the factory in question,

the Louisville Assembly Plant, or from laying off workers there without engaging further talks with the union. The company clarified that it had merely decided not to move production of a single vehicle, the Lincoln MKC, out of Kentucky.

In the case of Ford in Louisville, “No one really thought that plant would close,” said Bernard Swiecki, a senior automotive analyst at the Center for Automotive Research in Michigan, who tracks North American automakers' investment decisions.

“These moves are not at all akin to saving the plant. That was never under consideration by anyone.”

Ford officials said late Thursday that they had intended to move it to Mexico. Union officials said Friday that the company had never indicated that to them. Reports last year suggested a plant in Chicago might pick up the MKC production.

Ford did announce plans to

move a different line of production — small cars, including the Ford Focus — from Michigan to Mexico.

It said it would ramp up other production in Michigan to ensure no workers lost their jobs from the move. Trump criticized that decision repeatedly on the campaign trail, but the

company reaffirmed this week that it is going forward with that move. ( Trash? You heard that? :lol )
Privately on Friday, Ford officials suggested that their decision to keep Lincoln production in Louisville was influenced in part by the likelihood that Trump will sign a large cut in corporate income tax rates and move to scale back fuel-economy standards issued under President Obama, which automakers have called onerous.

Swiecki suggested another factor: the auto industry's softening sales growth.

Sales were down (http://www.motortrend.com/news/october-2016-auto-sales-major-carmakers-decline/)in October for all of the Big Three American automakers.

Ford is on track to sell fewer vehicles this year than it did in 2015, a

demand reduction that could mean there was no need to move the MKC production to enable the plant to churn out more Escapes.

https://www.washingtonpost.com/news/wonk/wp/2016/11/18/the-real-story-behind-that-exaggerated-tweet-from-donald-trump-about-ford/?utm_term=.3f0d73e012dc

:lol :lol :lol :lol :lol :lol :lol :lol :lol :lol :lol :lol :lol :lol :lol :lol

All y'all Trash fellators been lied to, duped, conned YET AGAIN by Big Lying Orange Fraud Turd! :lol

The POWER OF THE UNIONS to protect its workers jobs! That's why y'all HATE unions? :lol

Capital HATES labor, attacking unions for 40 years has been the VRWC strategy. Killing salaries, benefits, in order for capital to profit by impoverishing labor.

Trash and the Repugs will do everything they can to benefit CAPITAL and fuck over LABOR (eg, Trash's voters)

Minimum wage hike? dead

Overtime threshold raised? dead

Worker protections? reduced or dead

I bet Repugs pass right-to-work laws for Federal govt employees. So employees benefit from unions but have no "skin in the game"

Ford's Lincoln line and GM's Cadillac have been and are struggling badly in the luxury car market. Moving MKS "maybe" to MX was a way eke out some more profit from a low-volume loser.

The successful Focus production IS moving to MX

If Trash and the Repugs really want to help American jobs, then put heavy tariffs on all imported cars from Japan and Europe.

That would be extremely popular! :lol

DMC
01-04-2017, 09:29 AM
It's only a matter of time before their future employees go on strike :lol

:lol Don't worry, they will lose money in a few years and relocate to Mexico

Literal Lefty going the "proof by prognostication" route. tsk tsk

boutons_deux
01-04-2017, 10:07 AM
Trash is lying, he ain't reversing, or even stopping globalization.

BigCorp bought enough politicians for decades to obtain globalization, and BigCorp still owns those politicians, Trash doesn't.

Trash has no fucking idea about how the world works, but he sure knows how corruption works.

Fabbs
01-04-2017, 10:50 AM
the Louisville Assembly Plant, or from laying off workers there without engaging further talks with the union. The company clarified that it had merely decided not to move production of a single vehicle, the Lincoln MKC, out of Kentucky.

[/FONT][/SIZE][/FONT][/COLOR]
[COLOR=#111111][FONT=Georgia][SIZE=3][FONT=arial]Ford did announce plans to

move a different line of production — small cars, including the Ford Focus — from Michigan to Mexico.

It said it would ramp up other production in Michigan to ensure no workers lost their jobs from the move. Trump criticized that decision repeatedly on the campaign trail, but the

company reaffirmed this week that it is going forward with that move. ( Trash? You heard that? :lol )

Response, Trump supporters?

Winehole23
01-04-2017, 10:59 AM
The rooster takes credit for the sunrise.

Ford was singled out by DJT during the campaign -- didn't Trump threaten 35% tariffs on Ford imports from Mexico? -- buttering him up now is a PR counteroffensive.

Chucho
01-04-2017, 12:18 PM
and what is the tax incentives for ford? ...lol wont be payin much corporate taxes anyway....

trump if he was a real nigga he would clamp down on companies corporated overseas in tax havens who are operatin in american and deferring whatever income overseas to avoid taxes


Starting with motherfucking Apple.

Wild Cobra
01-04-2017, 12:29 PM
The real story behind that exaggerated Ford tweet from Donald Trump

"Ford's contract with the United Auto Workers prevents it from shutting down the factory in question

Union contracts are available online.

Link please.

If the blogger you got this from is any good, then they provided a source link.

boutons_deux
01-04-2017, 12:35 PM
Union contracts are available online.

Link please.

If the blogger you got this from is any good, then they provided a source link.

"Do You Own Research -- WC"

Wild Cobra
01-04-2017, 01:13 PM
"Do You Own Research -- WC"

The point I am getting at is you are believing what is likely a bad source, because it fits your confirmation bias.

You believe without verification.

That makes you a total idiot.

Wait... you already are a total idiot!

boutons_deux
01-04-2017, 01:19 PM
The point I am getting at is you are believing what is likely a bad source

...in your highly self-esteemed opinion only

If you can "do your own research" and prove that Ford stopped the MKS factory export ONLY because Trash threatened Ford, then let's see it, ace.

Wild Cobra
01-04-2017, 01:54 PM
...in your highly self-esteemed opinion only

If you can "do your own research" and prove that Ford stopped the MKS factory export ONLY because Trash threatened Ford, then let's see it, ace.

That is not my opinion.

Time will tell. Trump will likely push for a more business friendly relationship, and if he does, the economy will grow like we haven't seen since Reagan or the Y2K scare.

boutons_deux
01-04-2017, 01:59 PM
That is not my opinion.

Time will tell. Trump will likely push for a more business friendly relationship, and if he does, the economy will grow like we haven't seen since Reagan or the Y2K scare.

BigFIRE and inequality will grow, GDP and FIRE/1% income will continue to increase (capital "rentier" income, not earned income), but inequality has blocked and will block income growth for the 90%, which has been true since the late 70s.

RandomGuy
01-04-2017, 02:15 PM
http://www.foxnews.com/politics/2017/01/03/ford-to-scrap-mexico-plant-invest-in-michigan-ceo-cites-trump-policies.html



#WINNING!

So you think the president should be interfering in the free market, to the detriment of shareholders?

RandomGuy
01-04-2017, 02:17 PM
That is not my opinion.

Time will tell. Trump will likely push for a more business friendly relationship, and if he does, the economy will grow like we haven't seen since Reagan or the Y2K scare.

I doubt that CEO's will find public threats of taxes and sanctions "business friendly".

Winehole23
01-04-2017, 02:32 PM
DJT is playing with fire, but it seems that people think he is #winning against impersonal economic forces.

if he can credibly maintain the pose -- for example, by continuing to wage a war against unemployment by pinpricks, shaming one company at a time -- the popularity it brings him might be worth pissing off a few CEOs.

tlongII
01-04-2017, 02:59 PM
So you think the president should be interfering in the free market, to the detriment of shareholders?

President Elect

tlongII
01-04-2017, 03:00 PM
I doubt that CEO's will find public threats of taxes and sanctions "business friendly".

Interesting that the market is up. Again.

DMC
01-04-2017, 03:16 PM
Response, Trump supporters?

So now you're Bobo's lap dog, reselling his shit no one else reads? lol

Fabbs
01-04-2017, 03:39 PM
So now you're Bobo's lap dog, reselling his shit no one else reads? lol
bok bok bok bok ba-Gawk!

Splits
01-04-2017, 05:05 PM
lol the hypocrisy of wingers and their "free market" absolution is out the window now that they've taken power

:cry gummit shouldn't pick winners and losers :cry

dbestpro
01-04-2017, 05:07 PM
It seems the liberals keep getting Trumped.

boutons_deux
01-05-2017, 04:15 PM
told ya, all y'all conned suckers been LIED to again

The truth about Ford’s decision to cancel a plant in Mexico

“We didn’t cut a deal with Trump,” the CEO said. “We did it for our business.” :lol

Ford’s CEO, Mark Fields, was very clear about that point on Tuesday.

“We didn’t cut a deal with Trump,” he said (http://thehill.com/policy/transportation/312483-ford-switches-gears-on-mexico-plant-expresses-vote-of-confidence-in) while talking about the decision on CNN.

“We did it for our business.”

He told (https://twitter.com/FoxBusiness/status/816333903027994624) Fox Business that the same decision would have been made

even if Trump hadn’t won the election. :lol

And company sources (http://www.cnbc.com/2017/01/03/ford-canceling-plans-for-16-billion-plant-in-mexico-investing-700-million-in-michigan-expansion-instead.html) indicated (https://twitter.com/davidshepardson/status/816321211433123841) that there were no negotiations between Trump and the company ahead of the announcement; Fields called Trump to tell him about the announcement on Tuesday morning after it had been made.

Instead, Fields indicated (http://www.reuters.com/article/us-usa-trump-autos-idUSKBN14N1T0) that he expects to get incentives from Michigan to expand its plant in Flat Rock.

https://thinkprogress.org/trump-ford-mexico-fac7e4a914e7#.pp6m9avbs


:lol

boutons_deux
01-05-2017, 04:19 PM
In "Trash's reality", here are all the stores and jobs lost BECAUSE of Trash being elected.

Here Are All Of The Kmart, Sears, And Macy’s Stores Closing This Spring

Sears Holdings announced it would be shutting down 150 Kmart and Sears stores (https://consumerist.com/2017/01/05/sears-and-kmart-announce-150-store-closures-including-the-first-kmart/) in the next few months, and

Macy’s notifying customers that 68 stores would close (https://consumerist.com/2017/01/04/macys-announces-68-store-closings-across-the-countryacross-the-country-heres-the-list/).

https://consumerist.com/2017/01/05/here-are-all-of-the-kmart-sears-and-macys-stores-closing-this-spring/

Macy's is killing 10K jobs

boutons_deux
01-05-2017, 04:20 PM
It seems the liberals keep getting Trumped.

:lol :lol :lol :lol :lol :lol :lol :lol :lol :lol :lol :lol :lol

SnakeBoy
01-05-2017, 08:29 PM
In "Trash's reality", here are all the stores and jobs lost BECAUSE of Trash being elected.

Here Are All Of The Kmart, Sears, And Macy’s Stores Closing This Spring

Sears Holdings announced it would be shutting down 150 Kmart and Sears stores (https://consumerist.com/2017/01/05/sears-and-kmart-announce-150-store-closures-including-the-first-kmart/) in the next few months, and

Macy’s notifying customers that 68 stores would close (https://consumerist.com/2017/01/04/macys-announces-68-store-closings-across-the-countryacross-the-country-heres-the-list/).

https://consumerist.com/2017/01/05/here-are-all-of-the-kmart-sears-and-macys-stores-closing-this-spring/

Macy's is killing 10K jobs


:lol Yeah why did Trump invent online shopping

boutons_deux
01-05-2017, 08:33 PM
:lol Yeah why did Trump invent online shopping

He's lying to get credit for jobs he didn't save, so he gets debit for jobs didn't kill

see how Trump World works?

TeyshaBlue
01-05-2017, 10:59 PM
I see how pretzel logic works.

FuzzyLumpkins
01-06-2017, 04:51 AM
Wow, if he does this at the current rate over the course of his presidency then he will have unemployment licked in 20 terms.

Then of course the Mexican parliament is already drafting punitive trade tariffs in preparation for what will soon become a trade war.

Penny rich, pound poor. Mercantilism isn't suddenly going to start working.

boutons_deux
01-06-2017, 07:48 AM
Donald J. TrumpVerified account ‏@realDonaldTrump (https://twitter.com/realDonaldTrump) 18h18 hours ago (https://twitter.com/realDonaldTrump/status/817071792711942145)

Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax.

https://twitter.com/search?q=trump+toyota&ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Ese arch


As Trump targets Toyota over Mexico, Nissan faces bigger risk

But it is Nissan, Japan's second-largest automaker, which would be the bigger victim of any tax punishment.

Nissan built its first overseas plant in Mexico in 50 years ago and now produces more than 800,000 cars there, mainly its entry-level Versa and Sentra sedans.

Nissan's production dwarfs that of Toyota, Honda Motor Co (7267.T (http://www.reuters.com/finance/stocks/overview?symbol=7267.T)) and Mazda Motor Corp (7261.T (http://www.reuters.com/finance/stocks/overview?symbol=7261.T)) in Mexico. It exports roughly half of its output to the United States, where it also has production plants.

Vehicles made in Mexico comprise roughly one-quarter of Nissan's total U.S. vehicle sales, industry experts say, compared with around 30 percent for smaller rival Mazda, but less than 10 percent for Toyota and Honda.

http://www.reuters.com/article/us-japan-autos-nissan-idUSKBN14Q12O?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F +US+%2F+Top+News%29

35% import tariff? No doubt that US car buyers would love to pay 35%+ more to teach those Nips a lesson. America, Fuck Yeah!

boutons_deux
01-06-2017, 07:53 AM
Donald Trump Doesn't Even Know Which Mexican Toyota Plant To Be Mad About (http://jalopnik.com/donald-trump-doesnt-even-know-which-mexican-toyota-plan-1790828111)

Donald Trump is angry on Twitter at an automaker again, calling out Toyota earlier today for building a new plant in “Baja, Mexico” to manufacture the Corolla sedan. He probably meant the new plant actually being built in Guanajuato, Mexico.

http://jalopnik.com/donald-trump-doesnt-even-know-which-mexican-toyota-plan-1790828111?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+gizmodo%2Ffull+%28Gizmodo%29

Baja is easier for Trash to pronounce. Too many syllables and vowels in Guanajuato

RandomGuy
01-06-2017, 09:36 AM
http://www.foxnews.com/politics/2017/01/03/ford-to-scrap-mexico-plant-invest-in-michigan-ceo-cites-trump-policies.html



#WINNING!

Ford CEO: Main reason for canceling Mexico plant was market demand, not Trump


In an interview on CNBC's "Halftime Report," Fields said the decision not move forward with its San Luis Potosi, Mexico, plant was due to market demand.

"The bottom line is we're not seeing the volume and the demand that we expected for that plant. And, therefore, we're looking at our capacity and saying, 'You know what, we can build that in an existing facility and use capacity that we already have,'" he said.

"Over the last couple of years we've seen small cars markedly decline. Every year we're looking at our capacity. We're looking at our forecast for demand. It became very clear that we didn't need this plant."

On Tuesday, Ford announced it will instead invest $700 million in its Flat Rock, Michigan, plant and add 700 direct new jobs. The company said it will continue to build its Ford Focus at an existing plant in Hermosillo, Mexico, to improve company profitability.

#SUCKERED BY FOX "NEWS"

:lmao

boutons_deux
01-06-2017, 10:03 AM
Ford CEO: Main reason for canceling Mexico plant was market demand, not Trump



#SUCKERED BY FOX "NEWS"

:lmao


http://www.spurstalk.com/forums/showthread.php?t=265548&p=8851542&viewfull=1#post8851542

tlongII
01-06-2017, 10:14 AM
Ford CEO: Main reason for canceling Mexico plant was market demand, not Trump



#SUCKERED BY FOX "NEWS"

:lmao

Not suckered at all you twit. It was clearly a business decision, but please see the following quote directly from Ford CEO Mark Fields...


CEO Mark Fields calls the move a "vote of confidence" in the Trump administration's pro-business policy agenda.

http://money.cnn.com/video/news/2017/01/03/ford-ceo-mark-fields-us-expansion-mexico-trump.cnnmoney/

boutons_deux
01-06-2017, 11:04 AM
Not suckered at all you twit.

you are about the biggest Trash sucker on this board.

boutons_deux
01-06-2017, 11:40 AM
I bet Trash warned some short-selling investors (of his money) that he was going to attack Toyota, whose stock went down.

The corruption, grifting will be unpresidented.

tlongII
01-06-2017, 11:51 AM
I am convinced that Trump will be good for business in America and that's what we need right now.

boutons_deux
01-06-2017, 11:55 AM
I am convinced that Trump will be good for business in America and that's what we need right now.

Inequality proves that nearly all the gains from GDP growth, good business, go to the top, not to the 99%.

Inequality will get worse under the Repugs, while many 10Ms of Americans, esp Trash's voters, will become worse off.

tlongII
01-07-2017, 02:17 PM
Inequality proves that nearly all the gains from GDP growth, good business, go to the top, not to the 99%.

Inequality will get worse under the Repugs, while many 10Ms of Americans, esp Trash's voters, will become worse off.

Bullshit.

boutons_deux
01-07-2017, 02:29 PM
Bullshit.

Bet against me.

tlongII
01-07-2017, 02:34 PM
Bet against me.

You have nothing to bet.

mavsfan1000
01-07-2017, 06:00 PM
Boutons totally sucked into the mainstream media propaganda.

boutons_deux
01-08-2017, 01:26 PM
Macy's cuts 10,000 jobs after Trump-demanded boycott (http://www.dailykos.com/stories/2017/1/5/1617367/-Macy-s-cuts-10-000-jobs-after-Trump-demanded-boycott)

Shannon Watts (https://twitter.com/shannonrwatts)
(https://twitter.com/shannonrwatts)✔@shannonrwatts (https://twitter.com/shannonrwatts)

I think we can give Donald Trump credit for 10K Macy's layoffs, wiping out alleged Ford and Carrier job saves: http://www.nytimes.com/2017/01/04/business/macys-jobs-layoffs.html?_r=0 … (https://t.co/dqFLJTLPM8) https://twitter.com/realDonaldTrump/status/621669173534584833 … (https://t.co/eivpvPaGwB)


The clothing company stopped carrying his Trump-brand clothing line after Trump descended the gilded escalator of blowhardism to declare that Mexicans were "rapists";

Trump responded to the slight with a #BoycottMacy's hashtag (https://www.washingtonpost.com/news/business/wp/2015/11/12/donald-trump-calls-for-a-macys-boycott/?utm_term=.3c8fc3a97614) and a mocking of their troubles ever since.

So he's responsible, right?

He was already taking credit for the company's troubles in July of 2015; as of the following November his "boycott" was still going strong.

So now, because Donald Trump is just that all-powerful, Donald Trump has cost 10,000 Americans their jobs.

http://www.dailykos.com/stories/2017/1/5/1617367/-Macy-s-cuts-10-000-jobs-after-Trump-demanded-boycott?detail=emailclassic&link_id=1&can_id=4217e8eb109c68bd0c2e4143dd2d8c15&source=email-macys-cuts-10000-jobs-after-trump-demanded-boycott&email_referrer=macys-cuts-10000-jobs-after-trump-demanded-boycott&email_subject=macys-cuts-10000-jobs-after-trump-demanded-boycott

CosmicCowboy
01-08-2017, 06:04 PM
:lol

Boo, is your mind so blown you really believe this shit?

It's the omnipotent trumps fault and not the rise of online shopping?

:lmao

#boolosingmind
#circlingthedrain

DMC
01-08-2017, 06:19 PM
:lol Yeah why did Trump invent online shopping

Blame Al Gore, he invented the internet.

DMC
01-08-2017, 06:22 PM
Wow, if he does this at the current rate over the course of his presidency then he will have unemployment licked in 20 terms.

Then of course the Mexican parliament is already drafting punitive trade tariffs in preparation for what will soon become a trade war.

Penny rich, pound poor. Mercantilism isn't suddenly going to start working.

lol... so all the broken down vehicles being hauled into Mexico by the thousands with shoddy, make-shift towing devices will be taxed crossing the border? Oh noes! Damn there goes my huge Mexican market.

And I think you mean "penny wise, pound foolish" unless you think you're being cute.

boutons_deux
01-09-2017, 11:29 AM
General Motors CEO won’t change production plans despite Trump tweet


https://www.thestar.com/news/world/2017/01/08/general-motors-ceo-wont-change-production-plans-despite-trump-tweet.html

boutons_deux
01-10-2017, 07:35 PM
U.S. companies have new business risk - being labeled 'anti-American' by Trump

Some U.S. companies are reviewing potential mergers while others are rethinking job cuts or looking at their manufacturing operations in China for fear of being cast as "anti-American" by President-elect Donald Trump, according to Wall Street bankers, company executives and crisis management consultants.

Having seen some of America's largest companies, including General Motors Co, Lockheed Martin Corp and United Technologies Corp, bluntly and publicly rebuked by Trump on Twitter, many others are worried they may be his next target - especially if they have significant overseas manufacturing, have had U.S. job cuts or price increases for consumers.

"Any business that leaves our country for another country, fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the U.S. without retribution or consequence is WRONG!" Trump, who assumes office on Jan. 20, tweeted in December.

http://www.reuters.com/article/us-usa-trump-companies-insight-idUSKBN14U2I4?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F +US+%2F+Top+News%29

Will Trash go after the companies that have used inversion to evade taxes? or does Trash think evading taxes is patriotic, like The Old Lesbian from SC says?

SnakeBoy
01-10-2017, 10:43 PM
Ford CEO: Main reason for canceling Mexico plant was market demand, not Trump



Poor RandomGuy

RandomGuy
01-18-2017, 02:25 PM
Inequality proves that nearly all the gains from GDP growth, good business, go to the top, not to the 99%.

Inequality will get worse under the Repugs, while many 10Ms of Americans, esp Trash's voters, will become worse off.



Bullshit.

http://cdn.equitablegrowth.org/wp-content/uploads/2016/07/01094723/070116-top1percent-earners1.png

RandomGuy
01-18-2017, 02:27 PM
lol... so all the broken down vehicles being hauled into Mexico by the thousands with shoddy, make-shift towing devices will be taxed crossing the border? Oh noes! Damn there goes my huge Mexican market.

And I think you mean "penny wise, pound foolish" unless you think you're being cute.

https://en.wikipedia.org/wiki/Comparative_advantage

tlongII
01-18-2017, 05:39 PM
http://cdn.equitablegrowth.org/wp-content/uploads/2016/07/01094723/070116-top1percent-earners1.png

You just proved my point without realizing it.

boutons_deux
01-18-2017, 05:41 PM
You just proved my point without realizing it.

You just proved how fucking stupid you are.

over 90% of all income gains since 2008 have gone to the top 1%.

and of course the gains are from capital not labor

The claim that all gains have gone to the top 1 percent of U.S. households comes from his January 2015 summary (http://eml.berkeley.edu/~saez/saez-UStopincomes-2013.pdf), where he noted that 91 percent of the income growth in the U.S. between 2009 and 2012 went to the top 1 percent of tax units. But Saez's June 2015 summary (http://eml.berkeley.edu/~saez/saez-UStopincomes-2014.pdf) updated his data through 2014 and reported that the top 1 percent had received 58 percent of income gains from 2009 to 2014.

http://economics21.org/html/have-all-income-gains-gone-top-1-percent-1638.html

the above will continue unabated, meaning inequality will continue to get worse, with Trash's voters taking it in all orifices

SpursforSix
01-18-2017, 05:47 PM
over 90% of all income gains since 2008 have gone to the top 1%.



https://lh4.googleusercontent.com/-BKdUEC7-2kw/UOnkU3xHBAI/AAAAAAAAAs0/SdKvaqjemKI/s480/to.gif

tlongII
01-18-2017, 07:07 PM
You just proved how fucking stupid you are.

over 90% of all income gains since 2008 have gone to the top 1%.

and of course the gains are from capital not labor

The claim that all gains have gone to the top 1 percent of U.S. households comes from his January 2015 summary (http://eml.berkeley.edu/~saez/saez-UStopincomes-2013.pdf), where he noted that 91 percent of the income growth in the U.S. between 2009 and 2012 went to the top 1 percent of tax units. But Saez's June 2015 summary (http://eml.berkeley.edu/~saez/saez-UStopincomes-2014.pdf) updated his data through 2014 and reported that the top 1 percent had received 58 percent of income gains from 2009 to 2014.

http://economics21.org/html/have-all-income-gains-gone-top-1-percent-1638.html

the above will continue unabated, meaning inequality will continue to get worse, with Trash's voters taking it in all orifices




From you Boo ->
Inequality will get worse under the Repugs, while many 10Ms of Americans, esp Trash's voters, will become worse off.

The graph above clearly does not demonstrate your claim.

boutons_deux
01-18-2017, 07:11 PM
From you Boo ->

The graph above clearly does not demonstrate your claim.

fuck the graph. anybody who has the data says 90% of all income gains have gone to the top 1%

RandomGuy
01-26-2017, 01:19 PM
You just proved my point without realizing it.

How so?

Be as specific as you can.

In particular, I would like you to address how you have incorporated the time value of money into your response.

tlongII
01-26-2017, 02:25 PM
nm

RandomGuy
01-26-2017, 05:42 PM
nm

Ah. So you realized why the time value of money is important to the graph.

Reality has a profound liberal bias in the age of alternative facts.

CosmicCowboy
01-26-2017, 05:53 PM
Ah. So you realized why the time value of money is important to the graph.

Reality has a profound liberal bias in the age of alternative facts.

uhhhh....look on the left bar. The chart was already adjusted for time value of money...(to 2015 dollars)

tlongII
01-26-2017, 07:24 PM
Ah. So you realized why the time value of money is important to the graph.

Reality has a profound liberal bias in the age of alternative facts.

nm means no message. I didn't have time to finish my message. CC has responded appropriately though.

boutons_deux
01-26-2017, 09:17 PM
From you Boo ->

The graph above clearly does not demonstrate your claim.

your graph doesn't address what I read everywhere else, try another graph.

Anyway, Trash and the Repugs' sociopathic polices, regs are just getting started.

inequality will continue to get worse, the number of people in or near poverty in daily economic precocity will increase.

Repugs will not increase the Fed minimum wage significantly if at all, while the Ryan's budgets, and defuding govt, will cut the social safety net, cut the number jobs, continue very slow growth.

Trash has had a week now, spouted a bunch lies and bullshit, but where is his financial assistance for his voters? nowhere

the wall and immigration are bullshit campaign "social/immigration" issues like abortion/guns/lgbt, not a policy issues.

illegal immigrants aren't a real problem, not for Trash's voters, they are fabricated bullshit "campaign " topic.

Why isn't Trash talking about white rural, small town middle class dying prematurely, unique among industrial countries where longevity continues to increase?

Why is Trash not blocking Repugs attack on gutting CFPB which has kept, put $Bs into the pockets of his voters?

Trash will not block corporate consolidation which reduces competition, increases prices, decreases services to his voters

Adam Lambert
05-16-2017, 02:32 PM
ford cutting 10% of workforce in North america and asia

http://mobile.reuters.com/article/idUSKCN18C03P?utm_source=twitter&utm_medium=Social

you were saying?

Adam Lambert
06-20-2017, 10:03 AM
ford scraps plans to import focus from mexico
www.freep.com/story/money/cars/ford/2017/06/20/ford-import-focus-china/411600001/

spoiler alert: theyll import from china instead

SO MUCH WINNING!!

MultiTroll
06-20-2017, 10:23 AM
ford scraps plans to import focus from mexico
www.freep.com/story/money/cars/ford/2017/06/20/ford-import-focus-china/411600001/ (http://www.freep.com/story/money/cars/ford/2017/06/20/ford-import-focus-china/411600001/)

spoiler alert: theyll import from china instead

SO MUCH WINNING!!
I'm sure we'll be seeing this on Faux News, right Adam? :lol

boutons_deux
06-20-2017, 11:11 AM
Trash gonna impose 35% tariff on Chinese Fords? LOL

hell no, Trash is huge gasbag of bullshit farts

Adam Lambert
06-20-2017, 11:30 AM
cricket-wearing-MAGA-hat.jpg

RandomGuy
06-21-2017, 12:10 PM
Saw that.

More failed lies from the Golfer in Chief.

Maybe if he would golf less and work more...

Winehole23
01-10-2019, 01:11 AM
HEY LOOK GOOD NEWS GUISE


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