Nothing wrong with that
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by Thermodolia » Fri Jan 12, 2018 7:37 pm
by Grand Britannia » Fri Jan 12, 2018 7:39 pm
by The Derpy Democratic Republic Of Herp » Fri Jan 12, 2018 7:54 pm
Grand Britannia wrote:Internationalist Bastard wrote:I'm just wondering if this will create as many jobs as they claim. If the world is gonna beat me into being a cynic don't be surprised that I'm a cynic
The amount of workers needed to man a factory is determined before the factory is even constructed.
So yes, if they said they need 2,000, it's likely because they've determined that's what will take to man their operations.
by Improved werpland » Fri Jan 12, 2018 8:15 pm
Trumptonium wrote:Economically speaking, he's by far the most successful President the US had since the war. There hasn't been a boom like this for a long time. Of course it won't be sustained, but for now...
by Ethel mermania » Fri Jan 12, 2018 8:29 pm
by Ethel mermania » Fri Jan 12, 2018 8:31 pm
Improved werpland wrote:Trumptonium wrote:Economically speaking, he's by far the most successful President the US had since the war. There hasn't been a boom like this for a long time. Of course it won't be sustained, but for now...
No this unpopular tax reform is the Republicans' fault, not Trump's. He jeapardized the chances and popularity of "Cut Cut Cut" by merely being president at the time it was written and passed.
by Improved werpland » Fri Jan 12, 2018 8:49 pm
Ethel mermania wrote:Improved werpland wrote:No this unpopular tax reform is the Republicans' fault, not Trump's. He jeapardized the chances and popularity of "Cut Cut Cut" by merely being president at the time it was written and passed.
i am up 5 grand by the tax calculators in the papers, and using that money for the monthly car payment, i bought a car this week.
by Ethel mermania » Fri Jan 12, 2018 8:59 pm
Improved werpland wrote:Ethel mermania wrote:i am up 5 grand by the tax calculators in the papers, and using that money for the monthly car payment, i bought a car this week.
Trump inherited an economy which was already picking up and has done relatively little to regulate or spurn it. I'm not saying it's all thanks to Obama either, but Trump himself had no hand in this.
by Improved werpland » Fri Jan 12, 2018 9:53 pm
Ethel mermania wrote:Improved werpland wrote:Trump inherited an economy which was already picking up and has done relatively little to regulate or spurn it. I'm not saying it's all thanks to Obama either, but Trump himself had no hand in this.
obama didnt do the tax cut that put 5 grand in my pocket. i bought the car based on my changed tax situation, the money i am going to save in taxes, makes the purchase an easy decision. thats a result of tax policy, thats all on trump.
after the crash, business's recover, thats how the business cycle works, we give to much credit to politics for natural business cycles, and the things (like the mortgage crises that business does)
also the market didnt pick up till trump was elected. (whether this is a bubble or not is a topic for a different thread).
back to topic: this is a smart move by chrysler which these days is an italian company
by The Black Forrest » Fri Jan 12, 2018 10:08 pm
Ethel mermania wrote:Improved werpland wrote:No this unpopular tax reform is the Republicans' fault, not Trump's. He jeapardized the chances and popularity of "Cut Cut Cut" by merely being president at the time it was written and passed.
i am up 5 grand by the tax calculators in the papers, and using that money for the monthly car payment, i bought a car this week.
by Costa Fierro » Fri Jan 12, 2018 10:08 pm
Trumptonium wrote:In what is possibly the first economic effect of Trump's tax cut legislation for corporations, Fiat-Chrysler Group has officially announced that they will be moving the production of the RAM trucks (formerly Dodge Ram series) from Mexico to Detroit.
The news follows an earlier announcement yesterday that Toyota and Mazda will be investing $1.6 billion to begin a joint venture in constructing an auto assembly plant in Alabama, but have not related their decision to the tax cut. Plans were announced after the election but before any talks of a tax cut.
The move will be accompanied by a $1.4 billion investment and 2500 extra jobs in Detroit. The Warren Assembly Plant will begin production of heavy-duty trucks from 2020. The Mexican plant will be 'repurposed', although it is unknown for what future commercial production. Staff have been notified of job losses in Mexico, but it is understood that there will likely be a new light duty truck production for a new model, yet unnamed and unseen.
FCA said it also would make a special bonus payment of $2,000 to about 60,000 FCA hourly and salaried employees in the United States totaling about $120 million. The CEO said this is because "the new [tax cut] bill allows us to share our savings with you [employees]"
Fiat Chrysler Chief Executive Sergio Marchionne a year ago raised the possibility that the automaker would move production of its heavy-duty pickups to the United States, saying U.S. tax and trade policy would influence the decision. If the United States exits NAFTA, it could mean that automakers would pay a 25 percent duty on pickup trucks assembled in Mexico and shipped to the United States. About 90 percent of the Ram heavy-duty pickups made at Fiat Chrysler’s Saltillo plant in Mexico are sold in the United States or Canada, company officials said.
Vice President Mike Pence praised Fiat Chrysler’s announcement. ”Manufacturing is back. Great announcement. Proof that this admin’s AMERICA FIRST policies are WORKING!” Pence said in a Twitter posting.
The Italian-American manufacturer is basking in high share gains as it finishes the second week of 2018 with a 21% growth.
(Image)
With the slew of companies announcing several positive changes to their governance, employee compensation/standards or community relations, it seems like the usual fears by anti-business Democrats
Most importantly, do you attribute this as a win for the Trump administration?
by The Conez Imperium » Sat Jan 13, 2018 12:48 am
Improved werpland wrote:Trumptonium wrote:Economically speaking, he's by far the most successful President the US had since the war. There hasn't been a boom like this for a long time. Of course it won't be sustained, but for now...
No this unpopular tax reform is the Republicans' fault, not Trump's. He jeapardized the chances and popularity of "Cut Cut Cut" by merely being president at the time it was written and passed.
by Ethel mermania » Sat Jan 13, 2018 9:21 pm
by Infected Mushroom » Sat Jan 13, 2018 11:29 pm
by Petrolheadia » Sun Jan 14, 2018 2:15 am
LimaUniformNovemberAlpha wrote:Detroit was a mistake, Japan's better at automotive engineering anyway.
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