Posted on 12/07/2016 4:28:44 PM PST by Hojczyk
Wednesday on CNBC’s “Power Lunch,” the CEO of U.S. Steel Mario Longhi said after the election of Donald Trump, he has “felt an environment of positive optimism where forces are converging to provide for a better environment,” which he hopes means he can rehire up to 10,000 employees.
Longhi said, “I have not felt an environment of positive optimism where forces are converging to provide for a better environment in quite a while. And this is pretty widespread. Customer suppliers, you know, throughout the communities.”
He added, “I’m more than happy to bring back the employees that we were forced to lay off during the depression … It could be close to 10,000.”
(Excerpt) Read more at breitbart.com ...
SeeSharp doesn’t shiv a git about American workers.
Last time I looked the US and Canada were both in North America. Last time I looked the US and China were both on planet Earth. Do you imagine the laws of economics aren't the same in other countries? If it benefits Americans to keep all their dollars in the US then why wouldn't it benefit Texans to keep all of their dollars in Texas? Please explain. Why can't you?
The fact is that dollars are just claims on goods and services. It is those goods and services we can buy that are real wealth. When prices are higher our dollars buy less. When our dollars buy less we are poorer, not richer. Tariffs only benefit the very few who are in the industry the tariff protects. Tariffs hurt everyone else by making prices higher.
You really are a dummy democrat aren’t you. That’s a shame.
The average automobile price increase due to the Bush tariff was $600.
Liar.
See. I can be rude too. Do you have an argument or do you just want to type childish insults?
Which brings us right back to where we started. Why can't it be the same price? It doesn't take import tariffs to lower domestic prices. Tariff raise import prices.
Do you understand that simple logic??
Yes. Do you?
Hint: Are imports and exports the only terms in that formula?
Do you not feel childish when you post something like that?
So you want American workers to work for the same wages as the guy in China? That is why it can not be the same price without tariffs. It is called cheap labor for a reason. Pay a little higher price and keep an American working, not the guy in China.
But...but...Funemployment!
No! Not when it’s the truth. You are nothing more than a liberal troll that hasn’t a clue about what it takes to make this country great again.
After Reagan, there was a period where the US made the best cheapest steel in the world. He is projecting a future environment like the Reagan era.
Show me where I said that.
That is why it can not be the same price without tariffs.
And yet there is more manufacturing in America now than at any other time in our history. And most industries have no protection at all. It's just a few, the usual suspects, who are always balling for a subsidy of one form or another. The steel industry has historically been the worst of the bunch.
It costs to manufacture overseas and ship goods here. Our factories are more automated so the difference in worker wages doesn't make as big of a difference as you think. It's regulations, taxes, and frivolous lawsuits that are the primary reasons companies move overseas.
People without jobs cannot buy goods no matter how cheap. And it is better to have have American workers employed than Chicoms.
If the product is not competitive, the jobs will be lost again
If the steel is not produced in right to work states, the unions will screw themselves again with greedy demands
If United Steelworkers 1999 was any good, they would have kept those jobs in Indiana. Spend more time working-less time talking. Reduce dues
Donald J. Trump @realDonaldTrump 1h1 hour ago
Chuck Jones, who is President of United Steelworkers 1999, has done a terrible job representing workers. No wonder companies flee country!
And yet there is more manufacturing in America now than at any other time in our history
Where in the hell did you get that tid bit of BS info?
Source please?
It really is up to the worker to stand up to the unions and tell them to stand down in closed shop states.
But they can lower their wage demands, or change professions. This is just natural technological progress and protectionism will not stop it.
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