Posted on 02/10/2016 5:42:19 PM PST by BlackFemaleArmyColonel
One of the cornerstones of Donald Trump's campaign has been the fact that millions of jobs have been lost to overseas industries because it is often too expensive to do business in America anymore.
Many liberals have criticized Trump for these statements, but the Wall Street Journal recently reported that Ford's latest production move showed that Trump was exactly right.
Ford planned to build a new assembly plant in Mexico in order to produce 500,000 more vehicles in Mexico than it currently does. Last year Ford's Mexican output was 433,000 vehicles, which translates to about 14 percent of its total production in North America. This deal had not been publicly confirmed and a Ford spokesperson simply stated, "We do not comment on speculation," when asked about the company's plans for Mexico. Mexico has become a serious competitor in the car-making market with "low wages, improved logistics and an arsenal of free-trade deals," the Wall Street Journal explained.
If the report proves true, Ford will join a long line of auto dealers making the pivot to Mexico, including BMW, General Motors, Volkswagen, Toyota, Honda and Kia. This shift is only expected to grow because the United Auto Workers labor union recently struck a deal to increase wages for U.S. factory workers, making domestic production just that much more cost-prohibitive. As wages in the U.S. go up, Mexican wages stay the same, and it therefore becomes even cheaper to do business with Mexican factory workers as opposed to American laborers.
The UAW insisted that auto companies don't need to run to Mexico because they can afford to pay their workers high wages. "They're making huge amounts of profits," UAW President Dennis Williams stated. "There is no reason mathematically to go ahead and run to countries like Mexico, Taiwan, Thailand and Vietnam."
(Excerpt) Read more at conservativetribune.com ...
PING
DO NOT BUY FORD!!
“SHOCK: Ford Makes Massive Announcement - Trump Was Right About Everything”
Not only that, Trump was YUUUGELY Right about EVERYTHING and he’s going to make being right GREAT again FOREVER and he’s going to make Mexico pay for it. Its going to be AMAAZING, the most AMAZING thing ever in the history of being right. Because, Trump.
Maybe Ford should not have cut this deal with the UAW. On the other hand, maybe the UAW should not have pushed for it. The Union screwed over the workers, not Ford.
American overregulation did this.
Obama did this.
MASSIVE! Please...does Phineas T.J. Trump hold a monopoly on being correct about political positions? I don’t think so!
I have a little Ford stock and that’s it.
Furthermore, he’s the only candidate talking about these issues.
Motivated by the labor union’s contract. How is Trump going to fix that? And would he?
Trump knows what he is talking about...always has...
That’s why he has the biggest support group of all the candidates...
These people that wait in line for hours in the snow, wind, rain and heat are not there because they have nothing better to do, they are there because they are angry at the way we have been treated by our government...
COLD ANGER is the term for this revolt, revolution or what ever you want to call it...you don’t see this with the other candidates speeches, but you see it, feel it and hear it and yesterday they started telling you so by Trump winning New Hampshire...
We are going to lose our Country if we don’t wake up and smell the roses, and Trump has the know how to get America back on tract...
GO.TRUMP.GO!!! ALL THE WAY TO THE OVAL OFFICE!!!
So I should buy Government Motors )GM) or 0bama Motors (Chrysler)?
Maybe I’ll buy a Toyota or a Honda. If I had the money, I’d go BMW. Better to give my money to the Germans while there are still a few of them around.
This isn’t news except to maybe just you. Companies are sending business elsewhere in droves. Trump in not Nostradamus as much as you want him to be.
Ford intends to stay in business without government handouts.
Don’t support corporate cronyism. Buy Ford.
“Trump Was Right About Everything”
Funny how that keeps happening.
“Blue Oval” ping.
I but Ford because I will never buy a car from Government Motors or Fiat Chrysler. They already got my money in a bailout, and I got nothing.
30% upcharge on Ford trucks made in Mexico and coming across the border sounds about right.
We have a government that chases businesses, and especially manufacturing businesses OUT of the country with their strangling rules and regulations from a bunch of alphabet-soup agencies trying to prove their worth when they have none. Then, they tax the entity to death, and dictate who they should and should not hire.
I can’t blame anybody for moving their operation to another country. This one is not the home of the free any more. It is a fascist country.
You are going to love how amazing it is.
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