Obama saved auto industry jobs, Trump is taking them away?
http://fortune.com/2018/10/09/ford-stock-today-layoffs-trump-trade-tariffs/
True.
We're not selling enough American cars to other countries.
Why should these "jobs" be saved? Ford showed decades ago that Mexican labor produces perfectly good cars that sell well in America -- only a couple of decades after Japanese automakers showed the same with Filipino labor.
Why would a "domestic" car company be affected by Trump's tariffs? Don't they buy American?
(snicker)
- Who is a better President, Obama with a 1.5 percent GDP, or Trump with a current 4.9 percent GDP? GDP Averages - US Dept. Of Commerce Johnson 5.3 percent, Kennedy 4.3 percent, Clinton 3.9 percent, Reagan 3.5 percent, Carter 3.3 percent, Eisenhower 3.0 percent, (post-WWII average of 2.9 percent) Nixon 2.8 percent, Ford 2.6 percent, Bush 41 2.3 percent, Bush 43 2.1 percent, Truman 1.7 percent, Obama 1.5 percent My Good Witch of The North Pose
- What's the difference in the level of the errors, here? Obama said there were 57 States and that Ford invented the automobile. Trump said? Airports instead of seaports or just ports. It looks like the same basic thing. Slip of the tongue. How can libs make such a big deal out of one without seeing that the other is almost identically the same kind of error? .
- Trump mixed up the Star Spangled Banner - written during the War of 1812 - with the Revolutionary War. Anyone remember Obama saying? Henry Ford invented the automobile? Kinda comes with the territory of very long speeches, sweltering conditions and more distractions than most of us would dare tackle.
- Stocks fall on trade news, weak jobs report. Ford recalls trucks, SUVs over gear indicator. How's Trump going to try and spin this? Stocks fall because of his tariffs threat to China. He's not creating jobs like he claimed he would. Deregulation only hurts the consumers.