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Canceled Ford Plant Adds To Mexico's Economic Frustrations (say "gnashing of teeth" in spanish)
NPR.org ^ | 1/5/2017 | Carri Kahn

Posted on 01/05/2017 3:46:49 PM PST by raybbr

Ford Motor Co.'s decision this week to cancel construction of an auto plant in Mexico has shocked that country, causing the peso to slump and stirring up outrage toward President-elect Donald Trump. Anger is high toward the incoming U.S. president in the state where the Ford plant was under construction — and was slated to employ nearly 3,000 local workers.

Usually the dusty construction site of the now-shuttered Mexican Ford auto plant is full of activity. Now only one large tractor can be seen grading roads at the 700-acre site, located outside the small town of Villa de Reyes in the central Mexican state of San Luis Potosi.

Usually the dusty construction site of the now-shuttered Mexican Ford auto plant is full of activity. Now only one large tractor can be seen grading roads at the 700-acre site, located outside the small town of Villa de Reyes in the central Mexican state of San Luis Potosi.

Guards at the site's entrance say the mood is very tense and that the situation is deeply discouraging.

"We all thought this was a long-term project," says Juan Gonzalez, who had hoped to stay on when the Ford plant opened in three years.

Gustavo Puente Orozco, San Luis Potosi's secretary of economic development, says the news, while not totally unexpected, came as a shock. Donald Trump began putting a lot of pressure on Ford to pull out of Mexico during the campaign, but Puente says Ford officials in Mexico kept assuring him the project was moving forward, and he says construction kept going.

Ford says market forces prompted it to cancel the Mexico plant — small cars, like the Ford Focus that was to be built there, just haven't been selling well, especially with low gas prices.

(Excerpt) Read more at npr.org ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS:
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"It should be a relationship that allows us to strengthen bilateral ties," says Pena Nieto. And, he adds, one that doesn't undermine the sovereignty or the dignity of Mexicans.

Yeah, because the U.S. president's primary responsibility is to foreigners. /s

I listened to this report live yesterday. The reporterette gave a much more desperate sounding verbal report.

All I kept yelling at the radio was: "Who gives a shit!?!?"

1 posted on 01/05/2017 3:46:49 PM PST by raybbr
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To: raybbr

Cease drug exportation and we’ll see if we can’t come do some fracking and mining.


2 posted on 01/05/2017 3:49:20 PM PST by Paladin2 (No spellcheck. It's too much work to undo the auto wrong word substitution on mobile devices.)
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To: Paladin2

Chingao!


3 posted on 01/05/2017 3:50:31 PM PST by chris37 (It's time to burn the GOP down.)
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To: raybbr

Hey Mexico, get ready to pay for that wall and take your illegals back.


4 posted on 01/05/2017 3:52:06 PM PST by Hugin (Conservatism without Nationalism is a fraud.)
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To: raybbr

No offense to Mexico, but try solving your own problems instead of shipping them to us. We have our own problems, and would gladly do a trade. For each quality worker you provide us, we will give you give (5) liberals.

We will throw in non-achievement marshmallow major politicians of any quantity at no cost whatsoever.

We also offer Hollywood airheads for which we will PAY you one kilobuck for each one you accept.

(Note, absoutely NO returns on any of our losers going your way.)


5 posted on 01/05/2017 3:52:16 PM PST by Da Coyote
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To: raybbr

Here’s a VERY good article about how Rockefeller and Kissinger planned to move US manufacturing to China in the early 70s. Nixon opposed it and they had him impeached for it.

http://21stcenturywire.com/2016/12/31/us-middle-class-still-suffering-from-rockefeller-kissinger-industrial-transfer-scheme-to-china/


6 posted on 01/05/2017 3:54:56 PM PST by Vic S
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To: raybbr

Sucks when it happens to you.


7 posted on 01/05/2017 3:55:12 PM PST by AU72
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To: raybbr

Chinga Mejico. They need to address their own employment problems.


8 posted on 01/05/2017 3:57:59 PM PST by laplata ( Liberals/Progressives have diseased minds.)
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To: raybbr
Mexico develop a middle class in your country.

Serfs and peasants are so European from the middle ages.

9 posted on 01/05/2017 4:00:11 PM PST by TYVets
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To: raybbr
They have a saying,

"Poor Mexico, so far from God and so close to the United States!"

10 posted on 01/05/2017 4:00:20 PM PST by billorites (freepo ergo sum)
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To: raybbr

Are Mexicans lazy or stupid?
Mexico is a sovereign nation. Instead of being a country of poor parasites, perhaps they could invest their considerable resources, oil wealth and personnel and create their own indiustrial goods. LED lights, perhaps a truck or car, perhaps laptop computers. Dell and Apple can use some solid competition.

So, which excuse will they choose? Too stupid or too lazy?


11 posted on 01/05/2017 4:06:15 PM PST by Hodar (A man can fail many times, but he isn't a failure until he begins to blame somebody else.- Burroughs)
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To: raybbr

Crujir de dientes.


12 posted on 01/05/2017 4:06:30 PM PST by JaguarXKE (n1973: Reporters investigate All the President's Men. 2013: Reporters ARE all the President's men d)
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To: raybbr

How long before Mexico begs to pay for the wall?


13 posted on 01/05/2017 4:08:47 PM PST by Raycpa
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To: Raycpa

I think a 50% surcharge on all western union money transfers back to Mexico, would be the last straw. It would also be the easiest way to self-deport millions of the illegals.


14 posted on 01/05/2017 4:14:18 PM PST by Arkansas Tider (Army EOD (Ret))
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To: raybbr

Bilateral ties are made after you build that wall and pay for it.


15 posted on 01/05/2017 4:16:50 PM PST by 353FMG (AMERICA IS ALL THAT TRULY MATTERS)
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To: raybbr

Tough Fn Tacos


16 posted on 01/05/2017 4:18:40 PM PST by A_Former_Democrat ("Liberalism is a mental disorder" On FULL Display NOW BOYCOTT PepsiCO Kellogg's)
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To: raybbr; All

I see Trump devoting some time to helping other countries negotiate deals that the USA is not involved in.


17 posted on 01/05/2017 4:20:00 PM PST by Amendment10
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To: Da Coyote

” For each quality worker you provide us, we will give you give (5) liberals.”

.
And to sweeten the deal even more, we’ll add 5 peaceful muslims and a freshly constructed mosque.


18 posted on 01/05/2017 4:22:09 PM PST by 353FMG (AMERICA IS ALL THAT TRULY MATTERS)
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To: raybbr

Crujir de dientes?


19 posted on 01/05/2017 4:24:26 PM PST by Gamecock (Gun owner. Christian. Pro-American. Pro Law and Order. I am in the https:// basket of deplorables.)
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To: raybbr

Love your creative license with the headline. Keep up the good work!


20 posted on 01/05/2017 4:24:41 PM PST by ChinaGotTheGoodsOnClinton (Go Egypt on 0bama)
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