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U.S. Steel CEO Says 10,000 Jobs To Be Brought Back All Because Of Trump

By zzyzzx following x   2016 Dec 7, 6:13pm 3,744 views   32 comments   watch   sfw   quote     share    


http://thetruthdivision.com/2016/12/breaking-u-s-steel-ceo-says-10000-jobs-ready-to-be-brought-back-thanks-to-trump/

U.S. Steel CEO Mario Longhi admitted that manufacturing challenges exist exclusively in the United States thanks to oppressive regulation set forth by President Obama.

Longhi is willing to bring as many as 10,000 jobs back to the United States because of the prosperity predicted with the advent of the incoming Trump administration. Jobs were lost to lay offs and downsizing during the Obama administration, and many employees found work overseas.

Europe and other countries have not established the same set of confining rules for manufacturing companies that American workers and business owners face.

There’s been little confidence among companies in the United States about their ability to compete in a global economy because of burdensome air pollution and water standards that are downright absurd. Longhi mentions the example of having to treat the water his company uses so that it is more pure than what’s found in nature.

#trump #jobs

2   HEY YOU   ignore (7)   2016 Dec 7, 7:30pm   ↑ like (1)   ↓ dislike (0)   quote        

zzyzzx says

Longhi is willing to bring as many as 10,000 jobs back to the United States

That's what great american PATRIOTS do.Outsource jobs & then bring them back so they can take credit.
He will probably pay workers $0.10 over minimum wage.

3   Strategist   ignore (1)   2016 Dec 7, 8:50pm   ↑ like (3)   ↓ dislike (0)   quote        

Ironman says

anonymous says

6 Ex-Lax and quart of pure 100% organic prune juice - what do you think ?

Don't go too far from the house (and bathroom)...

May as well go for a colonoscopy. You're half way there already.

5   joeyjojojunior   ignore (1)   2016 Dec 8, 5:13am   ↑ like (0)   ↓ dislike (0)   quote        

"We NEED people in the administration who know how to MAKE money not SPEND money"

Sure, he knows all right. Cut wages. Cut pensions. Cut benefits. Move jobs overseas. That's how you make money.

6   Quigley   ignore (0)   2016 Dec 8, 5:44am   ↑ like (1)   ↓ dislike (1)   quote        

Boeing better have some much better airplane models in development quick then! Everyone knows that once you manufacture a product in a China the designs are immediately stolen and a Chinese company arises making the same exact product for much less. Talk about cutting your own throat! This will go down as one of the stupidest moves Boeing has made.

7   zzyzzx   ignore (1)   2016 Dec 8, 7:09am   ↑ like (0)   ↓ dislike (0)   quote        

anonymous says

And what about those good high paying jobs with benefits or is that an after thought. Hell at the rate the incoming administration is going I wouldn't be surprised if they resurrect Sparrows Point and convert those old mills in the Lehigh Valley back from Casinos into running mills again.

Last time I past Sparrows Point, the mill was still there. Kind of surprised it hasn't been turned into upscale housing, since it's prime waterfront real estate.

8   finehoe   ignore (0)   2016 Dec 8, 8:07am   ↑ like (0)   ↓ dislike (0)   quote        

zzyzzx says

manufacturing challenges exist exclusively in the United States thanks to oppressive regulation set forth by President Obama.

Such as?

9   TwoScoopsOfWompWomp   ignore (2)   2016 Dec 8, 8:25am   ↑ like (1)   ↓ dislike (0)   quote        

Quigley says

Boeing better have some much better airplane models in development quick then! Everyone knows that once you manufacture a product in a China the designs are immediately stolen and a Chinese company arises making the same exact product for much less. Talk about cutting your own throat! This will go down as one of the stupidest moves Boeing has made.

Yup. No doubt CoMac is rubbing their hands with glee, knowing the government is going to steal Boeing's secrets from the Factory and give it to them. They're working on 737/Airbus competitor planes and this new Boeing factory will really help as a source of manufacturing secrets.

10   Entitlemented   ignore (0)   2016 Dec 8, 8:44am   ↑ like (1)   ↓ dislike (0)   quote        

anonymous says

Then again no one wants to comment how closely the future success or failure of many of these mills is tied to the success of the U.S. Auto Industry which is getting a bit long in the tooth now. No one really wants to admit to buying all that imported steel (except the Bay Bridge project) but it sure as hell went somewhere in this country besides the bay bridge.

You have the most accurate characterization of the Steel Mill Manufacturing challenges, benefits, and limitations. Take tomorrow off............

11   Entitlemented   ignore (0)   2016 Dec 8, 8:51am   ↑ like (2)   ↓ dislike (0)   quote        

Thunderlips is Tovbot2 says

Yup. No doubt CoMac is rubbing their hands with glee, knowing the government is going to steal Boeing's secrets from the Factory and give it to them. They're working on 737/Airbus competitor planes and this new Boeing factory will really help as a source of manufacturing secrets.

Any comments on having both world leading AC manufactures in China, its effects on the EU and US economically?

Any comments on how China could within a few year control the destiny of Air Travel?

Any comments on how China could use this to make all type of other AC, and if they employ evil, every type of weapon and delivery system, while the US and EU will be segregated out of the ability to have jobs, national defense.

Is this not trading the free worlds sovereignty for the sake of NAFTA-like outsourcing upon steroids?

12   Entitlemented   ignore (0)   2016 Dec 8, 9:08am   ↑ like (0)   ↓ dislike (0)   quote        

Weve all watched while Continental and US AIR have been consumed during the "time of scarcity" engineered by NAFTA/Clinton/Obama.

This is trickle up economics, where viable firms that serve all the US, had the economic rug harmed by NAFTA in more than one way: 1) Individuals hurt by CRA and NAFTA are traveling less, 2) More Buracrasy is happening due to terrorism and the costs of insurance, indemnity, etc.

Now with the Democrats "trickle up" economics, not one person who made these rules never worked making a resistor, let alone work in an aircraft factor. When a bunch of Lawyers and Politicians with no experience in working start making decision for the rest of its citizens, its called __________?

Trickle Up economics is really Trickle Away economics.

13   WatermelonUniversity   ignore (1)   2017 Dec 23, 2:59am   ↑ like (1)   ↓ dislike (0)   quote        

$1.4Trillion give away and only 10K jobs came back?

That is $140M a job. All hail trump the GREAT job negotiator!
14   APOCALYPSEFUCKisShostikovitch   ignore (32)   2017 Dec 23, 4:45am   ↑ like (0)   ↓ dislike (0)   quote        

AMERICA! needs to be sucking this Longhi's dick, everyone in the country, no exceptions, because he produced a press release that MAGA!'ed all over TRUMPLIGULA!'s face and made it look like he was doing something for industry that would have otherwise been impossible while the criminally insane nazi jaihadi Obama held AMERICA! hostage.
15   Quigley   ignore (0)   2017 Dec 23, 5:59am   ↑ like (2)   ↓ dislike (1)   quote        

Article hides the fact that this wasn’t US Steel that was laying off.
Typical for lying Democrats.
16   HappyGilmore   ignore (2)   2017 Dec 23, 6:04am   ↑ like (2)   ↓ dislike (1)   quote        

Quigley says
Article hides the fact that this wasn’t US Steel that was laying off.
Typical for lying Democrats.


Because the point of the article was that Trump lied about protecting the steel industry.
17   Strategist   ignore (1)   2018 Jun 28, 8:29pm   ↑ like (0)   ↓ dislike (0)   quote        

Feux Follets says
U.S. Steel expansions touted by President Trump not happening


It's not gonna happen, because it cannot happen. Cutting taxes is good, but that's not always enough to bring back steel, autos, solar, manufacturing, and what not.
We cannot compete in manufacturing blue collar industries like steel and autos, because other countries have lower wages, lower benefits, less union problems, better workers, and more efficiency. Lowering taxes aint gonna cut it.
Just look at Harley Davidson. Even with tax cuts they find it more economical to move some manufacturing overseas, because they save $90 million per year.
Dear Trump,
As much as I love your policies, some of them are fucking stupid. DO NOT TELL COMPANIES WHAT'S GOOD FOR THEM. They are in a much better position to figure that out for themselves. You have no idea about the intricate details of every company. Stop the silly micro management, and focus on the macros. You are beginning to do more harm to US corporations, than good.
Thank You for the tax cuts, they are working. Now concentrate on NK, Iran, Mid East, Pakistan, Islam. Please fuck them up. Thank You.
18   bob2356   ignore (1)   2018 Jun 29, 3:58am   ↑ like (1)   ↓ dislike (0)   quote        

Strategist says
Just look at Harley Davidson. Even with tax cuts they find it more economical to move some manufacturing overseas, because they save $90 million per year


HD is moving production to avoid european tariffs that are in retaliation for trumps tariffs.
20   CBOEtrader   ignore (2)   2018 Jun 29, 4:24am   ↑ like (1)   ↓ dislike (1)   quote        

bob2356 says
Companies offshoring jobs at a record pace under trump. Trumps first year 93,000 vs 87,000 average obama's last 4 years. MAGA.


Trump is so good he's creating jobs in foreign lands. #MAGA
21   bob2356   ignore (1)   2018 Jun 29, 5:19am   ↑ like (1)   ↓ dislike (0)   quote        

Strategist says
We cannot compete in manufacturing blue collar industries like steel and autos, because other countries have lower wages, lower benefits, less union problems, better workers, and more efficiency. Lowering taxes aint gonna cut it.


So that's why 13 foreign automakers employ 130,000 people in America manufacturing cars. Because we cannot compete. Manufacturing and international trade is a lot more complicated than simple minded Trump sound bites.
22   Tenpoundbass   ignore (10)   2018 Jun 29, 6:12am   ↑ like (1)   ↓ dislike (1)   quote        

Strategist says
Dear Trump,
As much as I love your policies, some of them are fucking stupid. DO NOT TELL COMPANIES WHAT'S GOOD FOR THEM. They are in a much better position to figure that out for themselves. You have no idea about the intricate details of every company. Stop the silly micro management, and focus on the macros. You are beginning to do more harm to US corporations, than good.
Thank You for the tax cuts, they are working. Now concentrate on NK, Iran, Mid East, Pakistan, Islam. Please fuck them up. Thank You.


Don't let the door hit them in the ass. And I'll gladly be the recipient of any money he can pull out of them in higher taxes and tariffs to give me loans and subsidies.
Trump needs to focus on building the Small companies, repatriate the money large self serving corporations cut out of the middle class years ago.

Tax Harley fund a healthy SBA. Sounds like a win to me. I'll drive a used $3500 Harley from CL if I want a degenerate bike.
23   MrMagic   ignore (9)   2018 Jun 29, 8:23am   ↑ like (1)   ↓ dislike (2)   quote        

bob2356 says
Companies offshoring jobs at a record pace under trump. Trumps first year 93,000 vs 87,000 average obama's last 4 years.


How about an apples to apples, like comparing Obama's FIRST four years..

Oops... Liberal Logic again. Here, I'll help:

...."American jobs have been shifting to low-wage countries for years, and the trend has continued during Obama’s presidency. From 2008 to 2010, U.S. trade with China alone cost about 450,000 American jobs because of the growth of Chinese exports, said Robert E. Scott, a pro-labor advocate at the liberal Economic Policy Institute. According to a study by the U.S. Bureau of Economic Analysis, large American companies in 2010 barely added any workers in the United States, increasing their numbers by 0.1 percent, while they expanded their foreign workforce by 1.5 percent.

https://www.washingtonpost.com/business/economy/obamas-record-on-outsourcing-draws-criticism-from-the-left/2012/07/09/gJQAljJCZW_story.html?noredirect=on&utm_term=.633f3a3979e4
24   TwoScoopsOfWompWomp   ignore (2)   2018 Jun 29, 8:37am   ↑ like (0)   ↓ dislike (0)   quote        

bob2356 says
HD is moving production to avoid european tariffs that are in retaliation for trumps tariffs.


And our tariffs are retailiation for their high, non-free trade tariffs. Like their total ban on all poultry (which has nothing to do with the methods, they've been tariffing the fuck out of US Chicken since the War Ended pretty much, the methods just gave them cover to permaban it) to prevent it entering the European diet as a healthy, high protein competitor to expensive Eurofish and Eurocows.

Canada tariffs US Diary at 270% because they can't compete.

Outdated NAFTA rules allow Europeans and Chinese to manufacture cars with 35% their parts in Canada and Mexico for export into the USA tariff free; that loophole needs to shut.
25   TwoScoopsOfWompWomp   ignore (2)   2018 Jun 29, 8:39am   ↑ like (1)   ↓ dislike (0)   quote        

Sniper says
According to a study by the U.S. Bureau of Economic Analysis, large American companies in 2010 barely added any workers in the United States, increasing their numbers by 0.1 percent, while they expanded their foreign workforce by 1.5 percent.


TWO YEARS after a recession. Amazing.
26   TwoScoopsOfWompWomp   ignore (2)   2018 Jun 29, 8:40am   ↑ like (1)   ↓ dislike (0)   quote        

Don't forget the huge FOXCONN Facility opening up, which is god knows how many Harleys worth of Jobs.
27   MrMagic   ignore (9)   2018 Jun 29, 9:04am   ↑ like (1)   ↓ dislike (2)   quote        

bob2356 says
HD is moving production to avoid european tariffs that are in retaliation for trumps tariffs.


Wrong again, HD is moving production closer to where demand is and because sales have fallen the last 4 years (because of Trump, right?). The demand has dropped in the US, so they are moving to where the demand is better, in Europe.

Harley-Davidson isn’t riding off to Europe simply because of the Trump tariffs.

Harley-Davison made its first foray outside the U.S. near the end of the Clinton administration in 1999 when it opened a plant in Brazil. The company later acquired a parts maker in Australia during the Bush years. It opened a plant in India in 2011 when Barack Obama was president.

It was probably inevitable that Harley-Davidson would plant a flag in Europe, however. Sales are slowing in the U.S. because of demographic shifts and they are growing in Europe, the company’s second-largest market.

The company eventually aims to generate half its revenue outside the United States.

What the company also failed to mention is that while one Trump policy could cost them money, another saves them plenty of coin. The company could save up to $100 million a year at the lower corporate tax rate under the new Trump tax rules.


https://www.marketwatch.com/story/harley-davidson-isnt-riding-off-to-europe-simply-because-of-the-trump-tariffs-2018-06-26

Those pesky facts again....
28   bob2356   ignore (1)   2018 Jun 29, 12:58pm   ↑ like (1)   ↓ dislike (0)   quote        

Sniper says
Wrong again, HD is moving production closer to where demand is and because sales have fallen the last 4 years (because of Trump, right?). The demand has dropped in the US, so they are moving to where the demand is better, in Europe.


So you are saying HD is lying to the SEC? Really? http://investor.harley-davidson.com/node/17401/html

I guess marketwatch didn't bother to read the filing. Those pesky facts again.
29   MrMagic   ignore (9)   2018 Jun 29, 3:01pm   ↑ like (1)   ↓ dislike (2)   quote        

bob2356 says
I guess marketwatch didn't bother to read the filing.


Apparently, you didn't either, here , I'll help again:

..."Harley-Davidson will be implementing a plan to shift production of motorcycles for EU destinations from the U.S. to its international facilities to avoid the tariff burden. "

Why ship them from the US if they're destined for the EU? Just build them there to reduce costs, what a novel economic idea!

...."Europe is a critical market for Harley-Davidson. In 2017, nearly 40,000 riders bought new Harley-Davidson motorcycles in Europe, and the revenue generated from the EU countries is second only to the U.S."

Hmmmm... yep, makes no sense to build them near their final destination, right?

What was that I said about sales?

Sniper says
HD is moving production closer to where demand is and because sales have fallen the last 4 years (because of Trump, right?). The demand has dropped in the US, so they are moving to where the demand is better, in Europe.


Yep, those pesky facts...
30   HEYYOU   ignore (17)   2018 Jun 29, 6:21pm   ↑ like (0)   ↓ dislike (0)   quote        

At least consumers will never pay more for anything that is tariff-ed.
Glad it's not a tax.
31   jazz_music   ignore (4)   2018 Jun 30, 4:36pm   ↑ like (0)   ↓ dislike (0)   quote        

HEY YOU says
He will probably pay workers $0.10 over minimum wage.

Or use one of the thousand methods of screwing workers out of minimum wages.

Entitlemented says


Any comments on how China could within a few year control the destiny of Air Travel?


They could mass manufacture large scale 4 engine, highly efficient, optimum speed tilt rotor, VTOL transports that either carry passengers or standard containers from shopping mall type properties all over China to points all over the world.
https://www.globalsecurity.org/military/systems/aircraft/tr36.htm
This cannot happen in America because the same oligarchs must keep winning all.

Large surface effect low-altitude transports could also render shipping industry obsolete too, crossing the pacific in one afternoon with multi hundred tonne payloads, but the same political barriers exist.

Boeing's timid manufacturing processes are all driven by the fear of civil lawsuits and offer no significant secrets.
32   jazz_music   ignore (4)   2018 Jun 30, 4:46pm   ↑ like (0)   ↓ dislike (0)   quote        

zzyzzx says
burdensome air pollution and water standards that are downright absurd. Longhi mentions the example of having to treat the water his company uses so that it is more pure than what’s found in nature.

The bastards got to shut up about cancer, they can get their treatments after the lay-offs where they indemnify their ex employer from litigations.

https://www.popularmechanics.com/science/energy/a4947/4339171/




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