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Longhi is willing to bring as many as 10,000 jobs back to the United States
That's what great american PATRIOTS do.Outsource jobs & then bring them back so they can take credit.
He will probably pay workers $0.10 over minimum wage.
6 Ex-Lax and quart of pure 100% organic prune juice - what do you think ?
Don't go too far from the house (and bathroom)...
May as well go for a colonoscopy. You're half way there already.
"We NEED people in the administration who know how to MAKE money not SPEND money"
Sure, he knows all right. Cut wages. Cut pensions. Cut benefits. Move jobs overseas. That's how you make money.
Boeing better have some much better airplane models in development quick then! Everyone knows that once you manufacture a product in a China the designs are immediately stolen and a Chinese company arises making the same exact product for much less. Talk about cutting your own throat! This will go down as one of the stupidest moves Boeing has made.
And what about those good high paying jobs with benefits or is that an after thought. Hell at the rate the incoming administration is going I wouldn't be surprised if they resurrect Sparrows Point and convert those old mills in the Lehigh Valley back from Casinos into running mills again.
Last time I past Sparrows Point, the mill was still there. Kind of surprised it hasn't been turned into upscale housing, since it's prime waterfront real estate.
manufacturing challenges exist exclusively in the United States thanks to oppressive regulation set forth by President Obama.
Such as?
Boeing better have some much better airplane models in development quick then! Everyone knows that once you manufacture a product in a China the designs are immediately stolen and a Chinese company arises making the same exact product for much less. Talk about cutting your own throat! This will go down as one of the stupidest moves Boeing has made.
Yup. No doubt CoMac is rubbing their hands with glee, knowing the government is going to steal Boeing's secrets from the Factory and give it to them. They're working on 737/Airbus competitor planes and this new Boeing factory will really help as a source of manufacturing secrets.
Then again no one wants to comment how closely the future success or failure of many of these mills is tied to the success of the U.S. Auto Industry which is getting a bit long in the tooth now. No one really wants to admit to buying all that imported steel (except the Bay Bridge project) but it sure as hell went somewhere in this country besides the bay bridge.
You have the most accurate characterization of the Steel Mill Manufacturing challenges, benefits, and limitations. Take tomorrow off............
Yup. No doubt CoMac is rubbing their hands with glee, knowing the government is going to steal Boeing's secrets from the Factory and give it to them. They're working on 737/Airbus competitor planes and this new Boeing factory will really help as a source of manufacturing secrets.
Any comments on having both world leading AC manufactures in China, its effects on the EU and US economically?
Any comments on how China could within a few year control the destiny of Air Travel?
Any comments on how China could use this to make all type of other AC, and if they employ evil, every type of weapon and delivery system, while the US and EU will be segregated out of the ability to have jobs, national defense.
Is this not trading the free worlds sovereignty for the sake of NAFTA-like outsourcing upon steroids?
Weve all watched while Continental and US AIR have been consumed during the "time of scarcity" engineered by NAFTA/Clinton/Obama.
This is trickle up economics, where viable firms that serve all the US, had the economic rug harmed by NAFTA in more than one way: 1) Individuals hurt by CRA and NAFTA are traveling less, 2) More Buracrasy is happening due to terrorism and the costs of insurance, indemnity, etc.
Now with the Democrats "trickle up" economics, not one person who made these rules never worked making a resistor, let alone work in an aircraft factor. When a bunch of Lawyers and Politicians with no experience in working start making decision for the rest of its citizens, its called __________?
Trickle Up economics is really Trickle Away economics.
Article hides the fact that this wasn’t US Steel that was laying off.
Typical for lying Democrats.
U.S. Steel expansions touted by President Trump not happening
Just look at Harley Davidson. Even with tax cuts they find it more economical to move some manufacturing overseas, because they save $90 million per year
Companies offshoring jobs at a record pace under trump. Trumps first year 93,000 vs 87,000 average obama's last 4 years. MAGA.
We cannot compete in manufacturing blue collar industries like steel and autos, because other countries have lower wages, lower benefits, less union problems, better workers, and more efficiency. Lowering taxes aint gonna cut it.
Dear Trump,
As much as I love your policies, some of them are fucking stupid. DO NOT TELL COMPANIES WHAT'S GOOD FOR THEM. They are in a much better position to figure that out for themselves. You have no idea about the intricate details of every company. Stop the silly micro management, and focus on the macros. You are beginning to do more harm to US corporations, than good.
Thank You for the tax cuts, they are working. Now concentrate on NK, Iran, Mid East, Pakistan, Islam. Please fuck them up. Thank You.
Companies offshoring jobs at a record pace under trump. Trumps first year 93,000 vs 87,000 average obama's last 4 years.
HD is moving production to avoid european tariffs that are in retaliation for trumps tariffs.
According to a study by the U.S. Bureau of Economic Analysis, large American companies in 2010 barely added any workers in the United States, increasing their numbers by 0.1 percent, while they expanded their foreign workforce by 1.5 percent.
HD is moving production to avoid european tariffs that are in retaliation for trumps tariffs.
Wrong again, HD is moving production closer to where demand is and because sales have fallen the last 4 years (because of Trump, right?). The demand has dropped in the US, so they are moving to where the demand is better, in Europe.
I guess marketwatch didn't bother to read the filing.
HD is moving production closer to where demand is and because sales have fallen the last 4 years (because of Trump, right?). The demand has dropped in the US, so they are moving to where the demand is better, in Europe.
Anyone seen those 10,000 jobs ?
http://thetruthdivision.com/2016/12/breaking-u-s-steel-ceo-says-10000-jobs-ready-to-be-brought-back-thanks-to-trump/
U.S. Steel CEO Mario Longhi admitted that manufacturing challenges exist exclusively in the United States thanks to oppressive regulation set forth by President Obama.
Longhi is willing to bring as many as 10,000 jobs back to the United States because of the prosperity predicted with the advent of the incoming Trump administration. Jobs were lost to lay offs and downsizing during the Obama administration, and many employees found work overseas.
Europe and other countries have not established the same set of confining rules for manufacturing companies that American workers and business owners face.
There’s been little confidence among companies in the United States about their ability to compete in a global economy because of burdensome air pollution and water standards that are downright absurd. Longhi mentions the example of having to treat the water his company uses so that it is more pure than what’s found in nature.
#trump #jobs