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Trump Reality Check


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#1 Restorium2

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Posted 24 January 2017 - 08:55 AM

Is Trump's ability to bring jobs back to the US fact or fiction? I keep getting the feeling it's all smoke and mirrors.

So let's test it:

GM has a new vehicle in it's line up that will be built in China and imported to the US for our market.

It's the Buick Envision.

It stands out as the most obvious target for Trump to turn around.

If nothing is said, or nothing happens about it, then I'm thinking it's proof that Trump has no power with the automakers and is just spoofing us with fluff.

On the other hand, if Trump turns this around, I'm sold that he is working for us. 

Here's the vehicle;

http://www.autoblog....6/#slide-endcap

 



#2 Restorium2

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Posted 24 January 2017 - 09:04 AM

Trump calls for more U.S. auto jobs, factories ahead of CEO meeting

BY DAVID SHEPARDSON, REUTERS - 6:32 AM ET 1/24/2017TOP NEWS

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201701240629RTRSNEWSPHOTOS___L1N1FE42N_1

WASHINGTON, Jan 24 (Reuters) - U.S. President Donald Trump on Tuesday will push the chief executives of General Motors Co ( GM ) 

    retailLoader_lg.gifLoading...     , Ford Motor Co ( F )      retailLoader_lg.gifLoading...     and Fiat Chrysler Automobiles NV to increase production in the United States and boost American employment.

 

"I want new plants to be built here for cars sold here!" Trump said in a tweet ahead of the breakfast meeting with automakers, saying he would discuss U.S. jobs with the chief executives.

Trump has criticized automakers for building cars in Mexico and elsewhere and has threatened to impose 35 percent tariffs on imported vehicles.

The meeting is the latest sign of Trump's uncommon degree of intervention for a U.S. president into corporate affairs as he has repeatedly jawboned automakers and other manufacturers to "buy American and hire American."

It will be the first time the CEOs of the big three automakers meet jointly with a U.S. president since a July 2011session with then-president Barack Obama to tout a deal to nearly double fuel efficiency standards to 54.5 miles per gallon by 2025. Fiat Chrysler is the Italian-American parent of the former Michigan-based Chrysler.

White House spokesman Sean Spicer on Monday said Trump "looks forward to hearing their ideas about how we can work together to bring more jobs back to this industry."

U.S. and foreign automakers have been touting plans to boost American jobs and investments in the face of Trump's comments. The Republican president made attacks on Ford's Mexico investments a cornerstone of his campaign.

Automakers have praised Trump's policies, but emphasized that the recent employment moves were the result of business, not political decisions, that had mostly been in the works for a long period. (Reporting by David Shepardson; Additional reporting by Susan Heavey; Editing by Jeremy Gaunt)



#3 joeonmm

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Posted 24 January 2017 - 09:26 AM

Are you saying he isnt doint what could help get jobs back to this country,  he said he wants to get the taxes down for the middle class and businesses to around 15 to 20%  and if company's build parts out of country they will be taxed at 35% or more, build in america and buy america, probably 75% of things I own say made in china!

 

Im going to be alot more diligent in not buying chinese goods!  I know I cant buy all american but maybe one day we all will be working in the u.s and buying u.s goods!

 

I agree with the 3 executive orders he signed on monday!


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#4 Restorium2

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Posted 24 January 2017 - 09:38 AM

Are you saying he isnt doint what could help get jobs back to this country,  he said he wants to get the taxes down for the middle class and businesses to around 15 to 20%  and if company's build parts out of country they will be taxed at 35% or more, build in america and buy america, probably 75% of things I own say made in china!

 

Im going to be alot more diligent in not buying chinese goods!  I know I cant buy all american but maybe one day we all will be working in the u.s and buying u.s goods!

 

I agree with the 3 executive orders he signed on monday!

Fluffy stuff. Just saying things. Not really providing any results.

That's why I put up a reality check. It's a fair test. Even the Trump 'yes men' should be able to understand that. 

If the Buick Envision is going to be built in China and sold in America then Trump isn't doing what he said he is doing. He's just stroking us with horseshit. That Buick should be built in Flint. Period. Not China. 


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#5 Restorium2

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Posted 24 January 2017 - 09:43 AM

Further; They are building a brand new plant in China for the Envision. GM gives excuses why, saying they will eventually build it in the US. 



#6 Malamute

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Posted 24 January 2017 - 09:44 AM

Trump cant pass Tariffs or Pass a new NAFTA deal.

 

Only Congress.

 

*shrug*

 

Bluster...



#7 Malamute

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Posted 24 January 2017 - 09:48 AM

Who thinks the wholly owned Corporate Congress will completely screew over corporations?  Including Trump himself?

 

Hahahaha....

 

He will attempt to take credit for things that have nothing to do with himself.

 

Numbers that matter..

 

Unemployment at 4.7%.

 

Currently 81 months of consecutive private sector job growth.  <--- a historical record.

 

 

Lets see what happens there...


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#8 Restorium2

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Posted 24 January 2017 - 09:50 AM

Right. We are being lead to believe he can sit down with executive auto makers and entice them to build our cars here.

 

This Envision is low hanging fruit. It's exactly what Trump has said is wrong with manufacturing. It's right in his wheel house.

 

It's a fair test to see what is actually going on and what is total BS. Cutting through the propaganda and looking for the meat and potatoes. Where's the BEEF Donald?


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#9 semicaregiver

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Posted 24 January 2017 - 09:51 AM

Smoke and mirrors!    Trump and the big 3 are all PR savvy.   They will end the meeting and put out news releases about all their upcoming investment in US manufacturing.   Truth is the investment plans were made months ago w/o any consideration for Trump.   Trump will tout how his meeting produced $x of new capital investment and the big 3 will share a sigh of relief that he will now move on to picking on Lockheed Martin and the F35.  



#10 Malamute

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Posted 24 January 2017 - 09:53 AM

Trump will attempt to take credit for infrastructure projects that were already in the budget every year.

 

I mean,... yea sure.... tariffs are great until inflation skyrockets.

 

 

Will republicans be willing to increase the deficit?



#11 Malamute

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Posted 24 January 2017 - 09:58 AM

Tax cuts for corporations? That is likely to happen. :-)

 

A tax cut cutting tax for Social security funding? That's a possibility.  That is the "middle class tax break".  Cut money going to S.S. in the payroll tax. Cripple the program so they can cut it, raise retirement age etc....

 

 

Those are possible. :-)



#12 Restorium2

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Posted 24 January 2017 - 10:02 AM

If Trump has any pull at all with GM then he will mention the Envision.

 

It would be a win for GM too. It would be a advertisement for GM every time Trump mentioned it.

 

It's a litmus test. Who is stronger, GM or Trump. 

 

This is one of those opportunities. It could be huge. Or it could point to how powerless Trump really is.

 

The R legislature doesn't like GM all that much, they would play along. 


Edited by Restorium2, 24 January 2017 - 10:03 AM.


#13 Restorium2

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Posted 24 January 2017 - 10:05 AM

Smoke and mirrors!    Trump and the big 3 are all PR savvy.   They will end the meeting and put out news releases about all their upcoming investment in US manufacturing.   Truth is the investment plans were made months ago w/o any consideration for Trump.   Trump will tout how his meeting produced $x of new capital investment and the big 3 will share a sigh of relief that he will now move on to picking on Lockheed Martin and the F35.  

Exactly. If something happens with the Envision we will have to believe it's real. I've been watching this since 2014.



#14 Malamute

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Posted 24 January 2017 - 10:19 AM

DPCCPrivateSectorPayroll120216.png

 

Lets see what happens to that.

 

I suspect short term gains and long term losses. :-)


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#15 Restorium2

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Posted 24 January 2017 - 11:01 AM

We are being 'sold' today, yes this very day, that Trump can and will turn around things exactly like the new plant in China building cars that are targeting a niche American car market. GM hasn't hidden their plans. 

This is an 'up to the minute' test of the Emerging Presidential Broadcast System. BS or not, this is a test. Can we believe the hype?

Call me a fool for even testing it out. But I believe we have to give him a chance. 



#16 Restorium2

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Posted 24 January 2017 - 02:11 PM

Trump talks to U.S. automakers, pushes for new American plants

BY DAVID SHEPARDSON AND ROBERTA RAMPTON, REUTERS - 16 MINUTES AGOTOP NEWS

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WASHINGTON (Reuters) - U.S. President Donald Trump urged the chief executives of the Big Three U.S. automakers on Tuesday to build more cars in the country, pressing his pledge to bring jobs to America and discourage the car industry from investing inMexico.

Trump, who has threatened to impose 35 percent tariffs on imported vehicles, opened a White Housemeeting with General Motors Co CEO Mary Barra, Ford Motor Co CEO Mark Fields and Fiat Chrysler Automobiles NV CEO Sergio Marchionne saying he wants to see more auto plants in the United States.

In return, the new Republican president has vowed to cut regulations and taxes to make it more attractive for businesses to operate in the United States. He promised frequently during his election campaign to be a job-creating president and stressed that message in his inaugural speech last Friday.

"We have a very big push on to have auto plants and other plants - many other plants," he told reporters at the start of the meeting. "It's happening. It’s happening big league."

The auto executives raised the issue of fuel efficiency rules, trade policy and other regulatory issues, a person briefed on the meeting said. Marchionne told reporters after the meeting that Trump did not give them specifics on what regulations he would cut.

The hour-long meeting was the latest sign of Trump's uncommon degree of intervention for a U.S. president into corporate affairs as he has repeatedly pressured automakers and other manufacturers to "buy American and hire American."

With flattening U.S. auto sales and some excess capacity, U.S. automakers have been reluctant to open new U.S. auto plants in recent years. GM and Ford last built new U.S. assembly plants in 2004, while Fiat Chrysler opened a new transmission plant in Indiana in 2014.

But they have expanded operations at existing U.S. plants to meet rising demand for trucks and SUVs. GM, Ford, Fiat Chrysler as well as foreign automakers have announced a string of new U.S. jobs and investments in recent weeks.

Coinciding with Tuesday's meeting, Toyota Motor Corp said it would add 400 jobs and invest $600 million in anIndiana plant, aiming to boost production of a popular SUV by 10 percent.

Ford's Fields said automakers wanted to work with Trump to create a "renaissance in American manufacturing", and said Trump's economic priorities were encouraging, including his move on Monday to formally bow out of the 12-nation Trans-Pacific Partnership (TPP) trade pact that was championed by his predecessor in the White House, Democrat Barack Obama.

"The mother of all trade barriers is currency manipulation. And TPP failed in meaningfully dealing with that, and we appreciate the president's courage to walk away from a bad trade deal," Fields told reporters after the meeting.

Barra said there was a "huge opportunity" to work together with the government to "improve the environment, improve safety and improve the jobs creation."

U.S. automakers have collectively added more than 78,000 jobs since 2009, the year when GM and Chrysler, now a unit of Fiat Chrysler, filed for bankruptcy as part of government bailouts during the U.S. recession. They have invested more than $40 billion in U.S. facilities during that period.

 

BUSINESS CASE

Despite the vocal pressure from Trump, the companies are unlikely to truly change their existing business plans for now, said Sam Fiorani, vice president of global vehicle forecasting with AutoForecast Solutions.

"We need to have more concrete policies from the president," he said. "Automakers will make decisions on whether there is a solid business case,” said Fiorini. "Does it make more sense to build outside the U.S. or to build in the U.S.?"

GM said in 2014 it would invest $5 billion in Mexico through 2018, a move that would allow it to double its production capacity, and Barra has said the automaker is not reconsidering the plan.

While automakers are adding U.S. jobs, they are also cutting U.S. production of small cars. On Monday, GM ended two shifts of production of small cars in Ohio and Michigan, cutting about 2,000 jobs.

Tuesday's gathering was the first time the CEOs of the big three automakers have met jointly with a U.S. president since a 2011 session with Obama to tout a deal to nearly double fuel efficiency standards by 2025. Automakers have urged the Trump administration to rethink those aggressive fuel efficiency mandates.

Barclays auto analyst Brian Johnson said in a note Tuesday that he thinks "automakers will be willing to make a deal that would bring back jobs to the U.S. in return for a slower ramp of (fuel efficiency) targets and related state-level mandates."

Auto stocks rose on Tuesday morning. U.S.-listed shares of Fiat Chrysler rose 6.3 percent to $10.93, while Ford was up 1.6 percent and GM rose 1.3 percent.

Tuesday's meeting included the former Republican governor of Missouri, Matt Blunt, who heads a U.S. automaker trade association. Vice President Mike Pence, White House chief of staff Reince Priebus and other senior administration officials also attended the meeting.

 

(Reporting by David Shepardson; Additional reporting by Susan Heavey and Bernie Woodall Editing bySoyoung Kim and Frances Kerry)



#17 Restorium2

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Posted 24 January 2017 - 02:15 PM

My take from the previous article;

 

Trump had nothing of substance to use as leverage, no specifics, no art of the deal. Fail.

 
Marchionne told reporters after the meeting that Trump did not give them specifics on what regulations he would cut.
 
 

Despite the vocal pressure from Trump, the companies are unlikely to truly change their existing business plans for now, said Sam Fiorani, vice president of global vehicle forecasting with AutoForecast Solutions.

"We need to have more concrete policies from the president," he said. "Automakers will make decisions on whether there is a solid business case,” said Fiorini. "Does it make more sense to build outside the U.S. or to build in the U.S.?"


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#18 cristinew

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Posted 24 January 2017 - 04:35 PM

I already got a new Trump phone  dint have to pay a dime,,



#19 Malamute

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Posted 24 January 2017 - 05:22 PM

Trump is offering to pay them billions in corporate welfare(tax breaks) so they keep a few jobs here,... for a couple years,.... maybe.



#20 Greg Rx

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Posted 24 January 2017 - 06:48 PM

Trump cant pass Tariffs or Pass a new NAFTA deal.

 

Only Congress.

 

*shrug*

 

Bluster...

Tariffs, no NAFTA is a done deal






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