Companies outsourseing jobs at a record pace during Trump administration

[eagle1462010]

Now for the standard BS...............libs will say it's Obama who created jobs..........if job don't increase at a good pace it's your fault........Wash Rinse Spin Dry.......

Then start over.....................

When all else fails.................blame Bush..............then call you a Racist.

 

[Penelope]

The Companies Offshoring Jobs at a Record Pace Under Trump

So, is this what Trump was talking about when he said:

https://nypost.com/2015/06/16/i-will-be-the-greatest-jobs-president-that-god-ever-created-trump/

And what will these alleged outsourcers do now, when big tariffs will meet their products trying to come into the US ?

Lots of companies are moving BACK into the US - GM, IBM, Hyundai, Kia, WalMart, Bayer AG, Monsanto, Carrier, Ford, Amazon, Sprint, Broadcom Limited, Lockheed Martin, etc.

10 Companies That Are Bringing Jobs Back to America

Trump Effect? Companies Announce Billions in U.S. Investments, New Jobs

Jan 23, 2017, 3:06 pm EDT

dates of article, Fox just copied.

Too funny. He must of said he plans on lowering corp taxes. So tired of the corp subsidies, we needed them to stop the bankruptcy of the US after Bush , but today we do not.

 

[Penelope]

2 million jobs added last year..............

U.S. economy added 2 million jobs in 2017

Still, industries across the economy added jobs last year.

Manufacturing, an industry that President Trump has sought to boost, added almost 200,000 jobs last year, a turnaround from 2016, when it lost jobs. Construction added 210,000 jobs in 2017. Bars and restaurants hired about 250,000 waiters, cooks and hostesses. Health care continued to lead the pack, adding 300,000 jobs in 2017.

Trump can't take any credit for 2017, that is under Obama.

Looks like we didn't need the tax cut after all did we?

The U.S. economy added 2 million jobs in 2017, another solid year of gains.

 

[Penelope]

2 million jobs added last year..............

U.S. economy added 2 million jobs in 2017

Still, industries across the economy added jobs last year.

Manufacturing, an industry that President Trump has sought to boost, added almost 200,000 jobs last year, a turnaround from 2016, when it lost jobs. Construction added 210,000 jobs in 2017. Bars and restaurants hired about 250,000 waiters, cooks and hostesses. Health care continued to lead the pack, adding 300,000 jobs in 2017.

The number of Americans who are working part-time but want a full-time job is about 5 million, still above where it was before the Great Recession began in late 2007.

That number has come down significantly since it peaked at 9.1 million in 2010. But these workers often are paid less, receive far fewer benefits like health care and are much more likely to live in poverty.

More broadly, the job market is shifting in a way that economists say helps explain why wage growth has been so sluggish.

Shortly after the recession, employers and hiring managers could pick and choose employees because unemployment was so high. Eight years later, with unemployment at 4.1%, workers have the upper hand.

Thank Obama.

 

[eagle1462010]

2 million jobs added last year..............

U.S. economy added 2 million jobs in 2017

Still, industries across the economy added jobs last year.

Manufacturing, an industry that President Trump has sought to boost, added almost 200,000 jobs last year, a turnaround from 2016, when it lost jobs. Construction added 210,000 jobs in 2017. Bars and restaurants hired about 250,000 waiters, cooks and hostesses. Health care continued to lead the pack, adding 300,000 jobs in 2017.

The number of Americans who are working part-time but want a full-time job is about 5 million, still above where it was before the Great Recession began in late 2007.

That number has come down significantly since it peaked at 9.1 million in 2010. But these workers often are paid less, receive far fewer benefits like health care and are much more likely to live in poverty.

More broadly, the job market is shifting in a way that economists say helps explain why wage growth has been so sluggish.

Shortly after the recession, employers and hiring managers could pick and choose employees because unemployment was so high. Eight years later, with unemployment at 4.1%, workers have the upper hand.

Thank Obama.

LOL

Color me shocked that you would say that................

Standard comments 101

 

[Vandalshandle]

Meantime, Iowa farmers are finally waking up to the damage that Trump's trade war threats with China can do to their economy:

independentmail.com: AP News

Businesses outsource BECAUSE of an unlevel field. The tariffs need to make up the difference between paying a Chinese worker, or a Filipino worker, or an Indian worker a dollar an hour and paying a U.S. worker $40 an hour.

...and Trump is actually going to make it happen, that Indonesian workers and American workers are going to be on the same cost basis! He will accomplish this right after he locks Hillary up and builds his wall!

,
With democrats whining like bitches at every turn? Probably not.

Look at this thread...with one breath you bitch about outsourcing, and with the very next you whine about tariffs.

You are mistaken, Missouri. Trump and the conservatives whine about outsourcing. I consider it part of the laws of economics. Americans should be manufacturing computer chips, not underwear. i just enjoy pointing out that trump is unable to repeal the law of gravity, even though you guys believe that he can.

 

[Vandalshandle]

The Companies Offshoring Jobs at a Record Pace Under Trump

So, is this what Trump was talking about when he said:

https://nypost.com/2015/06/16/i-will-be-the-greatest-jobs-president-that-god-ever-created-trump/

And what will these alleged outsourcers do now, when big tariffs will meet their products trying to come into the US ?

Lots of companies are moving BACK into the US - GM, IBM, Hyundai, Kia, WalMart, Bayer AG, Monsanto, Carrier, Ford, Amazon, Sprint, Broadcom Limited, Lockheed Martin, etc.

10 Companies That Are Bringing Jobs Back to America

Trump Effect? Companies Announce Billions in U.S. Investments, New Jobs

 

[Vandalshandle]

What will those companies do? Why, they will manufacture outside the USa, and sell outside the US. Then, they will manufacture stuff in Canada and Mexico and sett THAT in the US.

i suspect that you have not thought this through.

 

[Vandalshandle]

I guess that the most interesting was GM, who received $323,000,000 in federal contracts, while outsourcing another 2,781 jobs.

GM is one of the companies bringing jobs BACK INTO the US. ex. >> GM has spent over $21 billion on its U.S. operations — including 6,000 in manufacturing. $1 billion will be spent on “multiple new vehicle, advanced technology and component projects” and will result in 1,500 new or retained jobs, some going from Mexico to Michigan.

10 Companies That Are Bringing Jobs Back to America

And your course is right and mine is wrong? OK, when is Trump going to bring back coal, TV manufacturing and textiles? He can't. Artificial manipulation of the world economy has been tried....by the Soviets.

 

[Rambunctious]

Actually, small businesses are folding, And Walmart is taking all of their customers

You don't know what you are talking about...like I said you need to get out more...There are new businesses popping up all over the place...there are help wanted signs in windows again...my local paper has not had a help wanted section this filled in years...look around and turn off CNN....

 

[Vandalshandle]

Actually, small businesses are folding, And Walmart is taking all of their customers

You don't know what you are talking about...like I said you need to get out more...There are new businesses popping up all over the place...there are help wanted signs in windows again...my local paper has not had a help wanted section this filled in years...look around and turn off CNN....

Don't wad in the water. There are crocodiles in the Nile.

 

[Rambunctious]

Don't wad in the water. There are crocodiles in the Nile.

So I see you have been up all night...

 

[eagle1462010]

While we struggle to get 3% Growth.......China maintains 6 to 7% growth..........Our allowing unfair trade practices by China and not maintaining our own industries is helping China to become the greatest economic power in the World.

We can manufacture just about anything.....................and to allow massive trade deficits to continue is not in the best interest of this country.

 

[eagle1462010]

http://www.industryweek.com/trade/it-time-stand-china

Still another argument used by conservatives is that anything we do to stop China from cheating will be viewed by China as protectionism, which could lead to a trade war. I find this kind of thinking laughable. We are already in the trade war, and China is a decisive winner. Mao Zedong said, “Communism is not love. Communism is a hammer which we will use to crush the enemy.” When will we wake up to the fact that China is a rogue economic power that will always take advantage of weak nations thatwon’t confront cheaters?

It is time to confront China, and we should begin with currency manipulation. It seems that government’s biggest fear is that China will stop loaning us money to finance the trade deficit. But there is a precedent for taking action. In 1971, both Germany and Japan began manipulating their currencies. The Reagan administration imposed a 10% surcharge on their imports, and they immediately quit manipulating their currencies. We need to do the same thing to China and other Asian countries, but the surcharge should start at 25% and be reduced accordingly if they comply.

New York Times columnist Paul Krugman makes the case that this surcharge (tariff) with China is not as dangerous as people think. He says, “Clearly, nothing will happened until or unless the United States shows that it is willing to do what it normally does when another country subsidizes its imports: impose a temporary tariff that offsets the subsidy.” He goes on to say, “It is true that the dollar would fall if China decided to dump some American holdings. But this would actually help the U.S. economy, making our exports more competitive.” The tariff should be announced as proportional to the deficit and be reduced as the trade deficit is reduced.

 

[eagle1462010]

Mexico slaps tariffs on Chinese steel pipe for 'unfair' pricing

EU imposes anti-dumping duties on iron castings from China - Xinhua | English.news.cn

The duties range from 15.5 percent to 38.1 percent on the imports, which are a family of products that include for instance manhole covers and grates used in street drainage, according to the European Union's official journal on Tuesday.

http://www.afr.com/news/world/asia/...hina-with-new-antidumping-law-20170914-gyhn95

According to a list of "current cases" published by the Australian Anti-Dumping Commission, Chinese firms accounted for nearly 70 per cent of all actions over the last four months.

This involved 41 cases against Chinese firms, almost three times more than the next largest, Taiwan.


The politically sensitive steel and aluminium sectors are set to be the biggest winners from the new laws, following complaints by local manufactures Bluescope, Arrium and Capral.


And there are more who are taking action against trade abuses from China........Yet here in this country placing tariffs on China steel and aluminum is TABOO...........yet the world is fighting back against unfair trade from China.........