skews13
Diamond Member
- Mar 18, 2017
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Donald Trump’s sideshow trade war with China is a roiling disaster. On Tuesday reports came out that US Steel, the strong-like-ox jingoistic symbol of Trump’s America First policies, was downsizing due to … Trump’s America First policies. And while the trade war tariffs as well as outdated infrastructure are the cause of US Steel’s profit problems, the fact of the matter is that any and every move by Trump and the Republican Party have led to the downsizing of decent American jobs. Whether it has been outrageous tax breaks for the “job creators” or their corporations, deregulated markets, and rolled-back consumer protections, nothing Republicans have done under the current administration has boosted the markets.
Here’s a short list of some of the downsizing, the slowdowns, and the broken promises over the past couple of years of Trump et al:
But wait, there's more...
Here’s a short list of some of the downsizing, the slowdowns, and the broken promises over the past couple of years of Trump et al:
- Trump and media outlets touted his great deal in saving 1,000 American jobs at Carrier. It turned out that he didn’t save anyone anything. Layoffs and relocation of their facilities to Mexico continued on.
- Those corporate tax breaks came with lies from telecoms like AT&T and Verizon, who claimed that the money saved would be going into workers bonuses and infrastructure build outs. Besides laying more workers off, as soon as any of the numerous “incentives” handed out to telecoms were collected, CEOs readily admitted they had no plans to do anything. And then fired some more workers.
- Companies like Pepsi decided to try and work more quietly, announcing “some” bonuses while laying off workers.
- Huggies and Kleenex used their tax breaks to pay off their shareholders while firing 5,000 employees! Winning!
But wait, there's more...