Ford Motors cancels plan for $1.3 billion plant in Mexico. Will instead invest $700 million in Michigan plant

HardLoper wrote:

R u confused wrote:

Read an economics book. Who cares about the countries history? The UK once ruled with a King, who gives a shit?

Free market capitalism which the US builst itself on is not about the government forcing the arms of private companies. How am I having to explain this to so-called republicans? You are supposed to love the private sector.

Maybe Trump will offer up a Nationalised Health insurance service and that will be lapped up by the confused new republican-socialists.

Tariffs are not a new socialist idea bro. Don't project your own confusion and self admitted ignorance of history on everyone els.

Forcing companies to do business in a way that the government wants is not capitalist. Plain and simple.

R u confused wrote:

HardLoper wrote:

Tariffs are not a new socialist idea bro. Don't project your own confusion and self admitted ignorance of history on everyone els.

Forcing companies to do business in a way that the government wants is not capitalist. Plain and simple.

I sincerely doubt you have a clue what capitalism is and is not or its history so who cares what you think.

HardLoper wrote:

R u confused wrote:

You just can't even understand what I'm trying to say. This is not republican style politics. It is not a conservative fiscal policy. It is not capitalist. It is not free market friendly.

I don't care because I think those things are bullshit, but republicans don't. I'm just wondering what happened to politics. When did the right wing start putting forward socialist policies and the conservative populus agree that they are good ideas?

Read a history book. For most of the country's history we had ONLY tariffs, and no income tax.

The consensus here on wall street is that overall corporate earnings will increase due to reduced regulation and certain sectors will boom (energy, for example). But you have to ask yourself who the regulations were made for in the first place? If you don't believe in or care about climate change then you'll like the energy de-regulation. Fair enough. But, often times the regulations are aimed to protect consumers, people who can't organize, the little guy.

NO ONE I've talked to, including over a dozen executives in the tech/media/telecom sectors think that wages will increase for the working class. They are all trying to be the quickest to automate to reduce labor costs and gain an advantage against their closest competitors. That's how they are incentivized. In fact, the board of directors has a fiduciary duty to promote this behavior and could, in theory (although it would never happen in practice), go to jail if they refused to automate to the detriment of their shareholders. Trump is has proposed nothing to change these incentives.

Try to keep up wrote:

dad bod wrote:

11% unemployment is full employment?

We're talking about the U.S. Try to keep up.

You mean Detroit, MI, USA? You know, the place where the Ford's Detroit plant is located? Unemployment is 11% there.

Man, you just don't get much dumber than this.

Dang, a 500 million payout. Why not the full 1.3 billion?

Rigged for Hillary wrote:

Trump has for the next 8 years flipped Michigan to a red state. But, but, but it was the rascally Wussians, bahahahahaha

MAGA!!!

And as soon as someone speaks badly about your daddy Trump, you start with the "big bwad media is so mwean to Twump."

ha ha ha wrote:

Rigged for Hillary wrote:

Trump has for the next 8 years flipped Michigan to a red state. But, but, but it was the rascally Wussians, bahahahahaha

MAGA!!!

And as soon as someone speaks badly about your daddy Trump, you start with the "big bwad media is so mwean to Twump."

Look in the mirror Hillbot, you have been crying about the popular vote and the Russians for over a month now. Give it a rest.

Let me get this straight. Ford is going to save $600M by keeping the plant in the US and people think this has something to do with Trump? That is 12,000 man years at $50k /yr. This is a pure business decision that has nothing to do with who is president.

** wrote:

Trump saves jobs and liberals continue to melt down. I love it!

Trump proves global warming does not exist and that the Earth is flat and liberals continue to melt down. I love it!

Rigged for Hillary wrote:

Look in the mirror Hillbot, you have been crying about the popular vote and the Russians for over a month now. Give it a rest.

Your handle is Rigged for Hillary. You just called me a Hillbot. Ask yourself, do you really want people to give it a rest? This is obviously what gives your life meaning.

HardLoper wrote:

R u confused wrote:

Forcing companies to do business in a way that the government wants is not capitalist. Plain and simple.

I sincerely doubt you have a clue what capitalism is and is not or its history so who cares what you think.

So you are comfortable with the soon to be president targeting individual companies and telling them how to do business? Threatening them with huge taxes should they wish to have factories in certain places? You think that is free market capitalism that the republicans go on about?

You lot just like whatever Trump says regardless of the leftness or rightness of his politics. Completely abandoned your principles about how governments should operate.

R u confused wrote:

So you are comfortable with the soon to be president targeting individual companies and telling them how to do business? Threatening them with huge taxes should they wish to have factories in certain places? You think that is free market capitalism that the republicans go on about?

You lot just like whatever Trump says regardless of the leftness or rightness of his politics. Completely abandoned your principles about how governments should operate.

You all need to stop thinking of Trump as a Republican, they turned their backs on him, they disowned him as publicly as possible. The silent majority support Trump.

He doesn't have to follow traditional Republican policy, why should he? He's doing what's best for America, for the American people. If that means singling out big business then good on him.

What Trump offers is a commonsense approach. You've got an American company, manufacturing overseas but selling back to American people - meanwhile people are struggling to find jobs... Seems reasonable.

Hopefully he tackles the horrendous problems with healthcare (1000% markups etc.) and education.

This. By raising the minimum wage in NY to $15 that is only going to cause the prices of goods to rise....Oh wait that's not what you are talking about?

fantastic! wrote:

Great! so a few people in a state I will never enter keep their jobs, and I pay 35% more for everything I buy. Sounds like good policy.

ha ha ha wrote:

Rigged for Hillary wrote:

Look in the mirror Hillbot, you have been crying about the popular vote and the Russians for over a month now. Give it a rest.

Your handle is Rigged for Hillary. You just called me a Hillbot. Ask yourself, do you really want people to give it a rest? This is obviously what gives your life meaning.

Hillbot! Fact check Trump economic plan

Hillary won the popular vote.

Ford needs to cap executive wages and bonuses to keep profits up and share prices climbing.

Yes, when he puts forwards a nationalised health insurance service, an Obamacare take 2, the hypocrites will lap it up.

Except that congress won't be having any of it.

Liberal as they come wrote:

This is really bad news. I hope other companies don't cave into trump and keep jobs in America.

There is no free market. All governments interfere in the free market for their benefits. Trump is just trying to equalize the playing field. This is why he talks about reworking the trade agreements. He claims they are one-sided with little or no benefit to the US worker. He also claims this is because government official with no experience whatsoever to negotiate trade deals.

People should not view Trump putting pressure on big manufactures to build in the US as Trump being anti-Mexican, racist or anything of the like. Mexico gives sweet deals like cheap land, tax free, breaks on regulations, etc. There is nothing wrong with demanding that car production destined for the US should be built here or taxed. Production destined for Mexico should stay in Mexico. This is common sense. You can thing of this tariff as a co-pay for your well being.

There is currently a race to the bottom in many industries. Companies are moving to cheaper places because their competitors do and they need to match prices. It is just a short term gain. It reduces employment in the US which forces the government to have to interfere even more.

If this was truly a free market, the government would not care about minimum wage, working standards, safety standard, clean air, clear water, housing standards, medical care, etc. It appears like the pendulum has swung too far to one side and Trump got elected to correct it.

Economics prof wrote:

You seem to think that plant only employs people who live in the city of Detroit.

That's a pretty obvious straw man, don't you think?

The point is Detroit has available workers, so it's a logical fallacy to assume there's a void that only foreign workers can fill.

But now I know you are both "Economics prof" and "Try to keep up" (ironic) it'll be easier to troll your dumb a$$ lololol. You took this one hook, line and sinker, son.