Posted on 03/24/2016 1:09:34 PM PDT by Mensius
When the Ford Motor Co. decided to move jobs south to Mexico so that it could pay its workers less, billionaire businessman Donald Trump was furious. He made trade inequalities and Ford’s betrayal of American workers a central issue of his campaign.
And, without his even being in the Oval Office, it worked.
In an interview with CNBC, Ford CEO Mark Fields said that the automaker would be “here to stay.” He also said he had outlined his company’s plans in a letter to Trump.
(Excerpt) Read more at conservativetribune.com ...
They're offshoring for cheap labor and not to forgo regulations and taxes. They use those taxes and regulations as cover to garner the support from ignorant gullible people like you (Limaubciles) while they continue to sell out the American workforce.
True. But what is being missed is that Ford's new plants in Mexico are being built, not if Trump has a say, to boost their production of lower priced cars in Mexico in order to concentrate on manufacturing high margin SUVs and pickups in the US. Higher margins are a way of coping with higher labor costs, in the real world. Sounds sensible to me. And to the extent that the Mexican production is not destined to the US, the tariff has no impact. To the extent it is destined here, smaller cars will rise in price significantly, which is a good thing for American consumers I guess. This problem was largely settled in the early Clinton years. At this point you work around the edges, or withdraw from NAFTA which requires Congress. And a policy for Canada.
True. This was the story one of the CNBC correspondents was reporting yesterday and it seemed logical, but I haven't had the chance to follow up and research it.
They already build cars in Mexico. That probably won’t change. But if they move ANYTHING ELSE to Mexico, Ford and their POS vehicles can go to blazes. There’s no shortage of excellent vehicles besides Fords out there.
The company is free to do what it wants, unlike GM when 0 took it over.
The government, who has a proven track record in using our money for what it is intended, like they do with the Social Security lock box. Or are you still buying the wall hyperbole?
This article sounds exciting. But it’s wrong. Entirely.
Ford is expanding into Mexico:
http://www.freerepublic.com/focus/f-news/3413394/posts
Dated Feb. 7th
That said, the conversation has been started because of Trump. If he had not entered the race, no one would have even have been talking trade imbalance and the ramifications on the working class.
I think you would gripe if you were hung with a new rope.
Oh, I’ve never bought the wall hyperbole.
The Art of the Deal. Ford might be saying that factory's already in the works but if you don't tax us out of business, we'll keep our other plants here.
Trump still stopped the bleeding and I doubt there will be no tariff on their products just not so high. IMHO
There seems to be a difference because the Wall Street Journal is reporting Ford is not only building a new factory but will be ramping up auto production in Mexico
http://www.freerepublic.com/focus/f-news/3413394/posts
Are you joking? Ford is still moving the jobs to Mexico...nothing has changed. Ford has already made the moves it wanted to, so the letter is a no brainer.
So, the tariff will be paid by the consumer, passed along by Ford as higher prices. And you admit it won’t go to pay for a wall.
Who is Trump’s plan punishing? The Ford truck buyer. You and I.
I could send a letter to Trump saying, I am here in the US to stay and it would be as meaningful.
I believe the polls. They were correct in 2008 and 2012. The primary polls have been pretty good, too. So, yes, Clinton is in front right now, by a lot.
But once Trump gets a loan to finance the general election campaign (according to his financial papers he released last summer, he has $300 million in liquid assets which is not enough for a general election campaign), and if he threatens a few less people and behaves himself, he just may beat her.
But at the moment, he is way behind. NO ONE at my place of work is voting for him and I am in Virginia, which is a state he needs. He will need some of these voters.
Cass Sunstein was President Obama’s regulatory czar when he came up with the 54.5 MPG for cars. Steven Rattner was the car czar that closed all those dealerships. With Obama’s appointees, they all seem to have a hand into everything with zero responsibility.
I agree
Except that nothing has changed. No jobs were saved but Trump has a letter. Big deal
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