Trade: Ford´s decision to build a factory in the U.S. instead of Mexico, saving 700 jobs, is a good thing. But is it because Ford fears what Donald Trump might do to it, or because it thinks the corporate environment will be so much better under Trump than under Obama? And, yes, the answer really matters. Ford´s move to invest $700 million in Michigan, creating about 700 new jobs here has created quite a political stir. The new plant, slated for Flat Rock, Mich., will make cutting-edge electric and self-driving cars, which Ford has said will likely outsell traditional cars
IBD made the point that automation is the big driver of job loss. They did not spend any time explaining what drive automation. That would be regulations. Regulations are increasing at an exponential rate and will eventually destroy the economy. Note the recent increase in the minimum wage in many states. In some cases union wages are tied to the minimum wage. So when the minimum wage goes up other wages go up also.
$4, the bailout accepted by GM and Chrysler was more a union bailout. I´m troubled by the use of ´protectionism´ as defined as keeping jobs here instead of shipping them overseas. Protectionism, in a clkassic sense, was creating tariff barriers to keep foreign goods out. (Steel is the best example.) President Trump, convincing American compannies to keep their production facilities in the U.S., is common sense. Negotiating trade agreements, NAFTA for example, is insanity, since it creates incentives to move production facilities out of the U.S.
For an Investor´s journal, this is a pretty stupid question. Anything that impacts the business is important. Therefore the answer is: ALL of the above, and more.
Trump is going to shine a spotlight on companies shipping jobs out of the Country. That´s bad PR for the company. Keeping jobs will be good PR. With optimism and business already picking up in anticipation of Trump making the business climate better, companies need to SERIOUSLY reevaluate their business plans to take these changes into account. When Trump calls out a company, it forces that reevaluation to happen in real time.
Ford made an easy choice to do something that looks good, makes nice with the new administration, and will probably be a good business decision. Now they can get to making product with their path clear and heads held high.
These decisions to go over seas are based on low production costs and no tariffs or duty on products. Add to that new taxes for foreign incomes. The playing field looks better and better.
Trump has always hated being unable to purchase domestic products for his projects. (I know, I know, he just didn´t want to pay the price.)
Nope! Try buying domestic steel in quantities sufficient to build a skyscraper. Try buying 20,000 toilets, sinks and water heaters, etc. There are those who might produce them, but the lag time to get them too often puts them into the unrealistic.
Try buying a pair of wire cutters in Lowes, Home Depot, Grainger, etc that is made in the USA. Hmmmmm!
What could possibly motivate Maxine Waters to claim twice that she never called for Donald Trump´s impeachment when the video evidence is so compelling? It is one thing for conservative websites to call her out, but even MSNBC, the broadcast leader in Trump-hatred, is taking notice of the absolute falsity of her claim. Yesterday, in an on-air discussion among Hallie Jackson, Craig Melvin, and Mark Murray, the California congresswoman was explicitly called out for her denial of reality: JACKSON: "... pretty strong words from somebody else on the other side of the aisle. Maxine Waters, right? The congresswoman [indecipherable] during that interview
Two days ago, the death toll in Venezuela´s gargantuan protests stood at three. Now it´s jumped to 20. In absolute numbers, it´s appalling. But to some, it may not seem like much, given that Venezuela has one of the world´s highest murder rates, or that millions and millions of people marched against the socialist regime, which has systematically shut down democracy and closed off all legitimate avenues for change by stripping the opposition-controlled legislature of power, corrupting the courts, and ruling by decree as poverty and narco-crime engulf the country.
Immigration: President Trump´s executive order to limit American companies´ use of foreign high-tech professionals sounds great. But it won´t lead to a hiring boom for American computer workers. And it may do more economic harm than good. It´s true that if you limit the flow of tech workers coming into the U.S. under the H-1B visa program, you will likely see more native-born Americans being hired in the short run. But it won´t last. And long-term, limiting the flow of highly productive, highly trained workers will hurt our economy — not help it. We´re not open-border types by a long shot. But
Environmentalism: This Earth Day, protests around the country will focus on "science." What they won´t focus on is facts, because the facts show that the U.S. has made huge strides in cleaning up the environment. Given the trends in air quality, water quality, toxics and, yes, even CO2 emissions, you´d think Earth Day would be a grand celebration of a monumental achievement that has allowed this country to produce vastly more goods and services for millions more people while sharply cutting pollution. The fact is that by any important measure, the environment is cleaner and healthier today than it was 60 years
After years of kowtowing and collaborating with Venezuela´s socialist regime, the General Motors plant finally got expropriated by the Chavista government for its trouble. GM claimed it was done ´unexpectedly.´ But it´s hard to shed a tear, given that ExxonMobil, Chevron, Harvest International Resources, Clorox, Procter & Gamble, Kleenex, Crystallex, Schlumberger, and at least 1,000 Venezuelans farms, apartment buildings, businesses (including some very big ones such as the Polar grain and beer company) and homes had already been similarly expropriated. Unexpectedly? Had GM not noticed? Or did GM think it was too big to fail, or more accurately, be subject
Organizers promised that hundreds of thousands would participate in an April 22 March for Science planned for hundreds of cities worldwide and an April 29 People´s Climate March in Washington, DC. These events have no more to do with science or climate change than do UN programs or the Paris climate treaty. Their own leaders make that perfectly clear. A climate website asserts that marchers intend to mark President Trump´s 100th day in office "with a massive demonstration that shows our resistance is not going to wane." They intend to "block Trump´s entire fossil fuel agenda," with Berkeley-style tantrums and riots, most
Agenda: Shortly after Donald Trump won the election, House Speaker Paul Ryan said that Republicans had to "go big, go bold, and do things." So far, the GOP has not delivered. "They have the House, they have the Senate, they have the presidency — and nothing´s happening," lamented PJ Media co-founder Roger Simon earlier this week. "Nothing, that is, that Donald Trump doesn´t do by himself. ... The Republicans in the legislature are a disgrace." Congress did pass, and Trump signed, 13 bills to undo last-minute Obama administration regulations. And the Senate approved Trump´s Supreme Court pick. But what about actually advancing
Police deployed tear gas against crowds of illegal immigrants who attempted to storm a town hall in a Paris suburb, demanding a meeting with local authorities over the rights of foreigners, French media said. At least 14 migrants were reportedly injured during the scuffles. The incident took place on Tuesday morning in the Alfortville commune in the Paris suburbs, some 4km from the French capital. Crowds of undocumented migrants from several communes, including the neighboring Vitry, Montreuil, and Courbevoie, headed to the town hall, Le Parisien reported.
The socialist failures of Chavista Venezuela are well worth noting, given their hugeness and their totality. But there´s something deeply disturbing about the small, individual, personal horrors that cannot but draw one´s attention, because they shock the conscience. At the Mother of all Marches, held in 12 or 13 cities across Venezuela, the Chavistas did what they always do: They sent in some motorcycle goons to casually fire a weapon at the crowd, killing one or two members, in a calculated move to scare the others off. Nobody ever gets punished for these state-sponsored murders. The Chavistas attribute them to random street
Politics: The special election held in Georgia on Tuesday was supposed to a blockbuster event showcasing the anti-Trump wave sweeping the nation. Instead, it was an overhyped dud. So sure that Georgians shared their loathing of Donald Trump, Democrats from around the country poured more than $8 million — almost none of which came from people in Georgia´s 6th District — into the campaign of 30-year-old political novice Jon Ossoff. Celebrities endorsed him. The media showered him with free publicity. And he was running against 11 Republican candidates. But even with all that support, Ossoff wasn´t able to win a majority of
Media Bias: By now, it should be no surprise at all that the big media lean left and, at times, behave as if they were an arm of the Democratic Party, not a fair dispenser of news and commentary. But a new report shows that, under President Trump, the problem has grown even worse. The conservative-leaning Media Research Center did a lot of TV watching earlier this year, looking at all of the mainstream evening news coverage — from ABC, CBS and NBC — of Trump and his new administration from Jan. 20 through April 9. During that time, they counted 869
Donald Trump met with advisors and Cabinet members Tuesday to decide whether to take the U.S. out of the Paris Climate Treaty — a deal that was sold to the public based on the idea it would lessen the threat of global warming. In fact, it´s really nothing more than an attempt by other, less-well-to-do nations to shame the U.S. into dismantling its economy and its standard of living. Walking away from the sham treaty shouldn´t be a hard decision. Trump promised several times to exit the Paris treaty during his presidential campaign. He should keep his promise. It was a bad idea
Donald Trump has a “dangerous mental illness” and is not fit to lead the US, a group of psychiatrists has warned during a conference at Yale University. Mental health experts claimed the President was “paranoid and delusional”, and said it was their “ethical responsibility” to warn the American public about the “dangers” Mr Trump’s psychological state poses to the country. (Snip) James Gilligan, a psychiatrist and professor at New York University, told the conference he had worked some of the “most dangerous people in society”, including murderers and rapists — but that he was convinced by the “dangerousness” of Mr
The Obamas have been taking a much-deserved break from politics since moving out of the White House. But next week, it´s back to reality. President Barack Obama will be in Chicago on Monday to discuss community organization and civic engagement. As we all know, the Obamas have impeccable taste in food, so it wouldn´t be surprising to see the former president surveying the Chicago dining scene when he returns stateside. Will he visit the renowned Alinea? Or return to an old Obama favorite, Spiaggia? Last September, my husband and I had a chance run-in with Barack and Michelle, who were in New York City for their last visit as
Tucker Carlson is moving to the much-coveted 8 pm time slot on Fox News on Monday, and with it comes news from Fox today that his first big interview will be with none other than Caitlyn Jenner. Per Fox News, Carlson and Jenner will speak on issues including “President Donald Trump’s administration, the current political climate and divide in America, as well as her thoughts on how to bring Americans together.” Jenner is returning to 20/20 tonight to speak once again with Diane Sawyer, and her appearance on Fox News Monday comes after Jenner’s comments to Sawyer about how while
Steel yourselves. Barack Obama’s about to emerge from the shadows — and first stop, University of Chicago. Why there? No doubt, it’s one of the more receptive breeding grounds for his particular brand of activism — the activism he’ll be touting to malleable student-age minds while engaging in, as his people called it, a “conversation about community organizing and civic engagement.” Make no mistake about it. This is about teaching the upcoming generation, loud as it already is about all topics that offend, to get even louder, even Leftist Prouder, and to — here’s the gist — use that Leftist
A Chicago artist has finished his mural of Michelle Obama in a colorful image that features the former first lady as an Egyptian queen. The painting by artist Chris Devins was completed Friday on the southeast corner of Chappel Avenue and 74th Street in South Shore. That´s two blocks from the former first lady´s childhood home at 7436 S. Euclid Ave. and across the street from Bouchet Elementary, which she attended when it was known as Bryn Mawr School. "I wanted to present her as what I think she is, so she´s clothed as an Egyptian queen. I thought that was appropriate,"
A Harvard University office devoted to LGBT issues reportedly has issued a flier telling students that gender identity can change as frequently as “day to day.” The flier from the Ivy League schools BGLTQ Student Life office, headlined “Get the facts about gender diversity,” informs readers that “Sex assigned at birth and gender identity are not necessarily the same,” Campus Reform reported Thursday. The flyer adds that “gender identity, gender expression, sexual orientation, hormonal makeup, physical anatomy, and/or how one is perceived in daily life.” The document also seems to categorize speech that challenges or disagrees with transgenderism as “violence.” “Transphobic misinformation is a
Outraged Muslims are reportedly planning a May 1 demonstration at the Amazon headquarters in Seattle, Washington. The company is under fire after several Muslim security guards demanded time and space to pray five times a day, while on the job. The guards contend in a lawsuit filed this week that the subcontractor who employs them does not appropriately accommodate their faith and retaliates against those who speak out. The Service Employees International Union and the guards allege that Amazon grants high-earning tech workers conference rooms to pray in, but they do not provide the same accommodation for contracted security officers
By his twenties, Kyle Kaylor imagined he would be living on his own, nearing a college degree, and on his way to a job that fulfilled him. Instead, at 21, he found himself out of school, living with his parents, and "stuck" working as a manager at a fast food restaurant scraping to make hand-to-mouth. Launching into adulthood has been tricky, he said. "It became too difficult financially to be in school and not working," says Kaylor, who dropped out of Lincoln Christian University, in Illinois, after one semester because of a money crunch. "And without schooling, you can´t get a job that
Former Vermont governor and Democratic National Comittee chairman Howard Dean called out conservative pundit Ann Coulter on Twitter. (Snip) The comment was in response to a former New York Times reporter who tweeted, "Free Speech Defenders Don´t Forget: Ann Coulter once said: My only regret w/ Timothy McVeigh is he did not go to the New York Times building." The U.S. Supreme Court has ruled that "fighting words" are not constitutionally protected, meaning that the words would have to directly incite violence. Timothy McVeigh was an American terrorist responsible for the Oklahoma City bombings that killed 168 people and injured
The September 2016 article in Politico championing Hillary Clinton’s use of "data analytics" now looks—how shall we put it?—rather premature. Politico swooned that computer algorithms "underlie nearly all of the Clinton campaign´s most important strategic decisions." Computer guru Elan Kriegel had crunched the numbers for campaign manager Robby Mook, allowing Team Clinton to precisely target her potential voters and thus not waste one dime on appealing to the deplorables. "Clintonites saw it as their secret weapon in building an insurmountable delegate lead over Bernie Sanders," Politico reported. And come the general election the Clintonistas were downright giddy about the edge Big Data
The day before Bill O´Reilly was cut loose from Fox News after 20 years with the network, his handlers appeared to believe they had at least one more card to pull that might help save his job in the midst of a sexual harassment scandal engulfing the top-rated prime time host.On Tuesday, O´Reilly and his legal team debated whether to share with the leadership of parent company 21st Century Fox an April 13 email from Mary Pat Bonner, a Democratic fundraiser and ally of the liberal watchdog group Media Matters, which had spearheaded what she called an "advertiser education campaign"
Former President Barack Obama will make his first public appearance Monday, hosting an event on civic engagement on his old stomping grounds at the University of Chicago. The event, open to the public but with limited tickets, will bring together younger leaders and students “for a conversation on community organizing and civic engagement.” It won’t be an explicitly political event. As an Illinois state senator, Obama once represented the neighborhood where the campus is located and also was a law professor at the university. He last stopped by the campus in 2016, using an event at the law school to make a