No... but when they meet with the president elect and hear how his policies are going to make doing business in the US more attractive, it can sure be encouragement they needed to pull the trigger. I see this as just the beginning of the moves back and to the US under Trump.
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iPhone Assembler Foxconn in Early Talks to Expand U.S. Operations
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No... but when they meet with the president elect and hear how his policies are going to make doing business in the US more attractive, it can sure be encouragement they needed to pull the trigger. I see this as just the beginning of the moves back and to the US under Trump.
Making promises is one thing and delivering on them is another.....
I can make all kinds of promises but simply stating them are not enough.
Also what kinds of jobs are they going to be?
I am sure they are going to have all kinds of skilled labour applying for jobs that pay $20.00 /hr
I can make all kinds of promises but simply stating them are not enough.
Also what kinds of jobs are they going to be?
I am sure they are going to have all kinds of skilled labour applying for jobs that pay $20.00 /hr
So you expect everyone in the US can be a technology worker? No offense, but there are people that just don't have the skills or capacity to work a technical or a white collar job. There is a huge number of people that just want a good paying job that does not involve flipping burgers or greeting people at Walmart.
As for the "rich become richer" statement. I started in the software industry in 1987. The company I worked for was making money hand over fist and it was great! My raises went from 10% to 30% increases each year and stock options were plentiful. Now a days, in a tighter economy, and harder business environment raises are 0% to a massive 3%, bonuses are hit and miss, and stock options are no where to be seen. I sure hope we can go back to where my company is rich again... because I know, I'll benefit too.
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I wonder when Trump talks about deregulation .
The cost of building factories and using toxic chemicals.
http://www.dailytech.com/Apples+Chi...+for+Environmental+Pollution/article33103.htm
Trump won't be affected by such pollution.
Heck most likely he will push the factories far aways from his businesses.
Heck..Republicans will love the idea of deregulation and removing Obamacare..
Imagine, people getting sick on their jobs and have to pay exorbitant fees for healthcare.
Corporation will make a killing.Wall street will be reaching new peaks.....
Draining the swamp? Heck no....
The cost of building factories and using toxic chemicals.
http://www.dailytech.com/Apples+Chi...+for+Environmental+Pollution/article33103.htm
Trump won't be affected by such pollution.
Heck most likely he will push the factories far aways from his businesses.
Heck..Republicans will love the idea of deregulation and removing Obamacare..
Imagine, people getting sick on their jobs and have to pay exorbitant fees for healthcare.
Corporation will make a killing.Wall street will be reaching new peaks.....
Draining the swamp? Heck no....
I'm not a Liberal. But I am concerned @rGiskard will end up being right on all points. This is a man who lives to feed his ego, according to a vast history of anecdotal evidence. This could work in the favor of the public whose devotion he seeks to court. It could also go very very badly. Many of the actions he's taken and policies he's weakly espoused are far from conservative. I rarely agree with Sarah Palin on anything but she did write a pretty good critical analysis of how his deal with Carrier failed as a conservative move and in fact is the opposite of a conservative move.
There is a huge misconception that manufacturing jobs means unskilled or uneducated labor. Some of the jobs that are repetitive and simplistic are already done by automation. The people who organize, implement and maintain operations at a factory are in fact enormously skilled.
We have been brainwashed into thinking a conventional four year University degree means brains and a future loaded with money. I have a good friend who has the highest certifications his field as an electrician can offer. He has gone through training more rigorous than anything college ever put me and my peers through.
We all know there are those who will NEVER give Trump ANY credit for anything he accomplishes.
One of my concerns for his coming term is conflicts of interest with his many business holdings, as well as corruption. It almost defies logic, but if he can avoid those pitfalls, he should be able (as an outsider) to bring about meaningful and permanent change to the way things are done in Washington. The business mindset of Trump will certainly bring a whole new perspective to governing.
Ivanka and Jared moving to Washington makes me suspect they will hold some advisory or emissarial role in the President-elect's administration, ostensibly leaving DonJr and Eric to run the business, still a less than ideal solution to the potential for huge conflicts of interest, even if only in appearance. Being family, there are obviously going to be dinners and conversations that will not, but ought to be, off-limits. We didn't think that thru very well when we elected a successful business tycoon, owning or having a stake in over 500 companies spread out over the globe, and it is beyond unlikely he will totally divest himself of those business interests to concentrate on running the country.
Nevertheless, a fresh perspective to governing, and a tougher stance towards those having used us and taken us for granted for too long, gives me reason to be optimistic for the future, and I wish the President-elect and his administration every success in his promised goals of restoring our manufacturing sector, replacing ObamaCare, and securing our borders.
A tall order considering there are so many international issues that will probably take up the bulk of his time and energy, if not totally overwhelming him by their sheer scope and the potential ramifications of addressing the most urgent of those.
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I am not opposing the fact that Trump should enjoy being a key in the "SoftBank-deal". Foxconn and SoftBank are run by effective managements and I am sure they already for long time ago have drawn up different solutions for USA depending on how the next administration would be. Foxconn invested in facilities in the US already several years ago, but probably received some good words from the next president, and decided to go ahead and increasing their commitment. Even better for them is by being endorsed so heavily by Trump, if the whatever facility (tax reduction or other incentive) will not be passed in congress for some reason or will not be feasible, Trump will take the fall. They will quickly switch to plan B and continue as almost nothing has happened.
I agree with Palin that the way Trump have made deals by deals only with corporations threatening to outsource or bigger flagship corporations look a lot like micro-management by the government. And not something a republican should do. But as long as he is not functioning it is better to wait and see what actually will happen. It is also worrisome if a (future) president will agree on a case by case basis under threat from otherwise we will move. Then Sanders will be right in that the corporations hold Trump hostage, just because he so desperately want to win his primary campaign slogan, no matter the cost.
Speaking of Sanders, for US to be able to provide these skilled workers without resorting to importing them, they have to seriously shake up their educational system. It is another reason why i.e China are able to muster huge amount of skilled workers, because education is supported for those pursuing the education the country needs, without selling arms and legs and bankrupt themselves. China does however have another problem that they have an excess of higher educated individuals. Which is why even vocational trained people can be hired cheap.
Nah. Trump is a builder. That's all he knows. Hence why he talked so much about roads and bridges and airports on the campaign trail.
Obamacare already has "exorbitant fees" that is stifling the economy and hurting people such as myself that have a $10,000 "better not get sick" deductible.
Oh, and talk about premiums skyrocketing this quarter leaving some of us to have to choose between gasoline and food or having health insurance. Oh, but guess what? You'd better go hungry and go with the health insurance, or the Government will slap a $3,000+ penalty on your ass.
Billion dollar corporations make jobs. It's a corporation that gives me checks I put in my bank that puts food on my table and buys my iPhones.
Remind me again why I want them to have greater taxes?
Nothing. Other than the fact that he got played by a Japanese billionaire.
In case anyone is missing the point, Softbank had already announced plans for making "strategic acquisitions" in the United States back in October, with a $100 billion fund it had created with Saudi Arabia back in October. Long before anyone thought Trump was going to be the next President. Softbank is planning on spending the money in Silicon Valley, buying promising tech start-ups. Not building factories in the rust belt.
In other words: A multi-billion dollar "investment" does not mean opening new factories for low-skill US workers. Far from it. And it certainly doesn't mean Foxconn is going to start assembling iPhones here anytime soon, if ever.
What did Trump give up? Answer: The chance to get a one-on-one with next US President. Which may come in very handy if Softbank wants to go through with its real aim: Which is for Sprint (which is majority owned by Softbank) to buy T-Mobile.
If anyone thinks that selling the best US tech startups to Japanese billionaires or the Saudi sovereign wealth fund is going to magically create millions of well-paying US jobs, they are kidding themselves. The last big Silicon Valley acquisition (WhatsApp) had 55 employees when it was bought by Facebook for $20 billion back in 2014.
That's the real problem with a US President who thinks he can cut one-on-one "deals" with the sort of guys who actually run successful companies.
Foxconn factory where people are payed $2 / hour. Is this really what you want in US?
Yes. They aren't going to make $2 an hour though.
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I'm seeing the optimism in my area. Those that were pro Hillary are mostly saying lets see what he does. If he turns things around economically, they seem to be saying they will be OK with him.
This is great news! Trump has done more positive stuff in a month then his idiot predessor did in 8 years. It's almost over, good riddence bambam. Now go make all your money and spew your divisiveness. You truly did "fundamentally change" the US, but, Mr Trump is going to change it back and make it great again. Thank goodness that thieving lying pos hrd didn't get elected. So happy for my kids and yours!!
Because they're not coming back, ever. 85% of manufacturing jobs have been lost to automation. If they can replace you with a robot, they will, because robots work 24/7 and don't need health care.
A whole $16 a day? You first.
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Let me break this down for you since you seem confused: He was already planning on investing in the US. Now he's going to buy T-Mobile and Sprint and merge them, since Obama had blocked that merger in order to protect consumers from increased prices. Trump doesn't care about consumers, so he'll allow the merger. T-mobile and Sprint already have about 50,000 jobs combined, so those won't be new jobs (in fact I'd wager he fires people due to redundancies.) So a rich guy gets richer, a corporation gets more power over consumers including increased prices, and Trump gets to take credit for an investment that was already planned and for "new" jobs that aren't really new. Anyone who believes Trump's spin story is quite gullible.
Cut the crap, Cook
Apple produces in China because you can get away with paying slave wages. Period
Apple produces in China because you can get away with paying slave wages. Period
Although I am just itching to blast my politics here, I will hold back as it truly doesn't serve much purpose. I do want to say, however, that I am very much hopeful for a resurgence of American manufacturing. No, not a shunning of other nations. But I believe our economy should be strong enough to support both the vision and the production of products. I understand why companies have moved manufacturing to China, Mexico, Japan, India, Thailand, and South Korea, though. I believe a revision of US policies, a one-time tax reduction for repatriation of cash, the catching on of the "Made in the USA" mantra, and various other factors could develop into a positive forecast for American manufacturing.
I have nothing against other countries, and would certainly still buy products imported into the USA. However, it's just hard for me to swallow the fact that our own companies rarely manufacture anything here. It's disconcerting to me that it's a total no-brainer for any company based in the United States to manufacture outside the country. I cannot wrap my head around the fact that, somehow, building products literally on the other side of the planet is more economical. It's more than cheap labor that has lead us here; it's a combination bad US policies and other nations harming their own citizenry. Perhaps arguments that include humanitarian and environmental aspects could begin to shift the narrative toward a desire to boost American made products. I hope that is the case.
I have nothing against other countries, and would certainly still buy products imported into the USA. However, it's just hard for me to swallow the fact that our own companies rarely manufacture anything here. It's disconcerting to me that it's a total no-brainer for any company based in the United States to manufacture outside the country. I cannot wrap my head around the fact that, somehow, building products literally on the other side of the planet is more economical. It's more than cheap labor that has lead us here; it's a combination bad US policies and other nations harming their own citizenry. Perhaps arguments that include humanitarian and environmental aspects could begin to shift the narrative toward a desire to boost American made products. I hope that is the case.
Huh... just like the guy that removes your trash someone has to do it... Wow you really put yourself above others i'm sure royalty or something real great.. LOL
Just to be clear, what Trump wants to remove is the one-size-fits-all policies and regulations that work in some area's but are excessive for others. But this does not mean there won't be regulation, it's just that the States will have more control over what's right for them. The way our system was designed to work. Federal oversight has gotten out of control and this is what Trump wants to change.
As an example, where I live, we'll benefit from these changes. The State of PA has established a standard for dams, but the federal regulations that are set up for the highest common denominator override the PA regulations. The Dam on our lake does not meet federal standards and will cost our community $3 million to fix. Under PA law, we already meet the standards and the cost to us is $0. If the Fed regulations are dropped, we're $3 million ahead.
Manufacturing jobs aren't coming back. The reason they went to these other countries is because labor is way, and I mean WAY cheaper over there, to the point that providing some tax incentives or something isn't going to bring it back here. If Trump were to put huge tariffs on foreign goods or something, more might take place here just so some goods are available, but guess what would happen to the price. That's right prices on those high tariff and then locally made goods would double overnight. Do you realize how much of the things we buy are made in these countries? Practically everything, and the prices would suddenly go up. Even if we were handing out $20/hour jobs like candy, people wouldn't be better off, because now they have to buy the $20 t-shirt at Walmart instead of the $5 t-shirt.