Ford CEO: U.S. plant expansion is 'vote of confidence' in Trump

[Tom Joad]

Originally Posted by finnbow

These (mutually independent) decisions were made 3 weeks before Trump becomes President and months to years before any meaningful tax changes or import tariffs (illegal under NAFTA, BTW) could be passed and implemented (if passed at all). The contents and likelihood of passage of any such changes is unknown, as are their impacts upon Ford. Yet, Ford chooses to flatter Trump by saying that his policies had something to do with their decision (just as the SoftBank CEO did earlier), knowing that they could thereby curry Trump's favor (without doing anything they didn't plan to do anyway). Trump tweets about his responsibility for Ford's decision and you buy it, hook, line and sinker.

How's that for substance?

Bully Pulpit.

Google it.

[BlueStreak]

Once again a move is made that has little to do with Trump, beyond a top executive commenting that his company has "confidence" in the president-elect and policies that have as yet to become law, and out come the brass bands and fireworks to celebrate the new king and his glorious reign.

This is easily the best entertainment I've had since gleeful Republicans informed me that Reagan had "ended Communism".

I love you guys, you truly are a hoot.

[whell]

Originally Posted by BlueStreak

Once again a move is made that has little to do with Trump, beyond a top executive commenting that his company has "confidence" in the president-elect and policies that have as yet to become law, and out come the brass bands and fireworks to celebrate the new king and his glorious reign.

This is easily the best entertainment I've had since gleeful Republicans informed me that Reagan had "ended Communism".

I love you guys, you truly are a hoot.

http://www.detroitnews.com/story/bus...lays/96134996/

Ford Motor Co. already got the message. As part of a sweeping announcement detailing the company’s vision for next-generation mobility, the Blue Oval said it is canceling plans to build a new assembly plant in Mexico. Trump openly criticized the plan throughout his campaign, even as senior Ford officials publicly defended the decision as recently as last month.

Instead, as part of a $4.5 billion investment in electrification and self-driving vehicles, Ford will invest $700 million in its Flat Rock Assembly Plant, create 700 jobs, establish a Manufacturing Innovation Center and produce electrified versions of its iconic F-150 pickup and Mustang sports car in Michigan.

The decisions are a political win for Trump and Vice President-elect Mike Pence, who were briefed separately by phone on Ford’s plans earlier Tuesday by Executive Chairman Bill Ford Jr. and CEO Mark Fields. Trump’s Build America rhetoric on the campaign trail powered his victory in the industrial Midwest, put American businesses like Ford and GM, Boeing Co. and Lockheed Martin Corp. on notice and could redraw the heartland electoral map to favor Republicans.

In other words, yes, Trump did have an impact. Yes, it is a "win" for Michigan in particular.

On the other hand, Trump's strategy is not without risks, but companies like Ford are reacting to it, so far in favorable ways. But other folks, including editors at the Det News, are noticing.

Glad you're entertained by all this, Dave.

[whell]

Well, some Mexicans certainly think Trump has had something to do with all this:

http://hosted.ap.org/dynamic/stories...01-04-14-45-38

Two weeks before inauguration, the scuttling of the planned Ford factory and Trump's pressure on General Motors should be a "much-needed wake-up call," said Mexico analyst Alejandro Hope.

It shows "how much actual leverage Trump has within specific companies, which is far greater than what Mexican elites thought until recently," Hope said. "They claimed that at the end of the day economic interests would prevail over political messaging. That's clearly not the case."

In an editorial, El Universal also recalled the deal Trump struck in December with Carrier to keep 800 of 1,300 jobs at an Indiana furnace factory from being sent to Mexico, in return for millions of dollars in tax incentives. It also implicitly criticized the Mexican government's response to the incoming administration.

"Mexico loses thousands of jobs with no word on a clear strategy for confronting the next U.S. government which has presented itself as protectionist and, especially, anti-Mexican," the paper wrote. "Trump will try to recover as many U.S. companies that have set up in Mexico as possible. He will try to make them return at whatever cost, through threats or using public resources."

[CarlV]

700 jobs is 700 jobs. That will not have much affect on the entire country. It is nice that MI Goppers will have more workers to exploit and feed leaded water to I reckon.


Carl

[finnbow]

It amuses me how conservatives cheer Trump as he runs around like some third world soci@list autocrat claiming that job creation or preservation is a result of his actions. Should we saddle him with the 10K job losses Macy's just announced?

[MrPots]

Originally Posted by finnbow

It amuses me how conservatives cheer Trump as he runs around like some third world soci@list autocrat claiming that job creation or preservation is a result of his actions. Should we saddle him with the 10K job losses Macy's just announced?

Yup. all Trumps fault.

[Tom Joad]

Originally Posted by finnbow

Should we saddle him with the 10K job losses Macy's just announced?

Damn right. It's payback for crossing him.

Let that be a lesson for anyone out there considering going against him.

http://www.cnn.com/2015/07/01/politi...d-trump-macys/

[finnbow]

Originally Posted by Tom Joad

Damn right. It's payback for crossing him.

Let that be a lesson for anyone out there considering going against him.

http://www.cnn.com/2015/07/01/politi...d-trump-macys/

Yeh, I'm sure it's a lack of Trump merchandise that caused the problem. Damn, you're as stupid and impressionable as Whell.

[Dondilion]

Originally Posted by Tom Joad

Damn right. It's payback for crossing him.

Let that be a lesson for anyone out there considering going against him.

http://www.cnn.com/2015/07/01/politi...d-trump-macys/

And it took only about 6 months.

Probably Macy should just swallow its pride and restock with Trump's merchandise.