Blindsided by Trump Tweet, UAW Meets With Ford

Trump isn't even president yet and he's already turning the tide and bringing American jobs home. This is going to be a great eight years!!!!

"Talks With Trump
After Trump’s tweets, the company acknowledged for the first time it had been considering moving production of the MKC to Mexico, allowing the plant to boost output of the Escape, one of its hottest models. After talks between Executive Chairman Bill Ford and the president-elect, the automaker decided to keep building the MKC in Louisville after the UAW’s current contract expires in 2019.
“We had planned to move the Lincoln MKC out of Louisville Assembly Plant,” Christin Baker, a Ford spokeswoman, said in an e-mail, noting the UAW contract signed last year allowed for such a move. "Cuautitlan plant in Mexico was likely the plant for MKC."
During his campaign, Trump was relentless in his criticism of Ford for planning to move all its North American small-car production to Mexico, where wages are 80 percent lower than in the U.S. Ford also builds the Lincoln MKZ sedan at a factory in Hermosillo, Mexico. During the campaign, Trump threatened to slap Ford’s Mexican-built cars with a 35 percent tariff. He also said he would terminate the North American Free Trade Agreement, which lets goods flow between Mexico, the U.S. and Canada without tariffs."

Ford, which has expressed a willingness to work with Trump since he was elected, has been in "constant contact" with his transition team, Chief Financial Officer Bob Shanks told analysts Thursday. Ford’s change of heart on moving the MKC to Mexico followed those discussions.
“We are encouraged that President-elect Trump and the new Congress will pursue policies that will improve U.S. competitiveness and make it possible to keep production of this vehicle here in the U.S.,” the automaker said in an e-mailed statement after Trump’s tweets"

http://www.bloomberg.com/news/artic...lled-to-say-keeping-lincoln-plant-in-kentucky

 

Expect sales of Ford to tumble.
Company with a union = higher wages for workers.
Higher wages for workers = more expensive product.
More expensive product = loss of sales to cheaper competitors.

Legislation is introduced to curb union control of how companies operate.
https://rewire.news/article/2016/03/11/anti-union-right-work-laws-passed-majority-states/

The unions are panicking
https://www.washingtonpost.com/local/virginia-politics/right-to-work-is-hot-election-issue-between-unions-business-in-va-and-4-other-states/2016/10/14/c49c1862-8f25-11e6-a6a3-d50061aa9fae_story.html
and may use their power to call a strike which will lose even more business for Ford.

 

Phase two is for Unions to cooperate with Ford keeping jobs in America and having more reasonable contract demands. Time to work together here and trump may be ushering in a new era of cooperation or time for Unions to go away, take your pick

 

With all the worker protections we now have are unions needed anymore?
I also realize that the $1 million a year union bosses will not go quietly.
http://mediatrackers.org/national/2013/09/13/americas-100-highest-paid-union-bosses

 

People are not going to be buying Ford if they can't afford a new car. Kudos to Trump, but the rubber meets the road when he decides if he is really gonna give that tax cut to the top 1% or to the middle class.

 

The unions should either get real or get out of the way. I copied this from the Hyundai site ...

http://www.hmmausa.com/?page_id=123

If Hyundai can do it (and they are just one example) Ford can do it.

 

Why does it have to be either or,why not both?

 

We got bills to pay there, Salty One. We have some room in the budget for debt, but once we cross $30T or so, America is effectively insolvent as our stated debt and unstated debt cross the estimated value of US government assets.

 

Trump had nothing to do with Ford,s decision. Trump lies , ge lied about the phone call, he will continue to lie for as long as God allows him to Talk or tweet.

 

So you didn't take the time to read the article. Figures.

 

Trump is going to shake things up. Those who say otherwise are not paying close enough attention...

Unions were useful at one time, but that's no longer the case. Their leaders look too much like Jimmy Hoffa...

Agree 100%. It's doable, it just takes the will to do it. Trump will provide that will.

 

We are going to win so much under President Trump that we are going to get tired of all the winning!

 

Bills to pay is because of overspending not under taxation. Government has been growing at 4% as our economy has been anemically growing at 1% or very slightly better. If Trump could get a handle on government growth and cut taxes to the rich to invest in business and purchase things that put people to work we could grow our way out of this debt.

 

Apparently you didn't read the link in the OP.

"After Trump’s tweets, the company acknowledged for the first time it had been considering moving production of the MKC to Mexico, allowing the plant to boost output of the Escape, one of its hottest models. After talks between Executive Chairman Bill Ford and the president-elect, the automaker decided to keep building the MKC in Louisville after the UAW’s current contract expires in 2019."

 

It is new for America. Instead of having leaders that want to redistribute American wealth around the world, we have a leader that wants to redistribute the worlds wealth to America. Rebuilding America could set Gazis (global socialist) back 20-30 years because they would have to re-tear down America.

 

If Clinton won, like expected, Ford would of moved, like expected. The Gazis (global socialist) have been running American business out of America for 50 years. Ford was gunna go because staying and operating in America, under an anti-American government, wasn't going to work. Ford can see the Americans are tired of being sold out by their leaders.

 

I expect this is going to quickly look like falling dominoes as companies that were leaving stay put and companies that have left come back. I wonder how the left will find fault in that? I'm sure they will come up with something though, maybe news story's on how people in third world countries that had American job are now starving to death.

 

Maybe Ford is racist/sexist?

 

We will never grow out of debt. All we can do is debase our currency and monetize the debt, which is what you are really talking about. Bush/Obama already took care of that. It is why the economy is only growing at 1%. Increases in money supply decrease economic velocity/real dollar growth. To put it another way, people in New York pay to have dandelions in their over priced salad while people in the south spend quite a bit of money trying to keep them out of their yards. It is the same dynamic--the more abundant something is, the less demand for it there is. Businesses don't need you to spend a lot of money on products when they can get that money from the stock exchanges. Public policy then shifts to favor inflating the markets instead of inflating your wages. The rich are not going to invest in anything other than more stocks and bonds if their taxes are cut. The only way it will trickle down is through perhaps a retirement plan that is heavy in the markets, and that is after more rich people take a big old cut off the top of your plate.

 

You make my point for me. Investing in stock is investing in companies that need capital to modernize and grow. Better yet though is all the small privately owned businesses that are owned by the so called rich. They can use money the government would have taken and expand and hire thus growing the economy and yes we can grow our way out of debt. Its simple math really. What in the world are government sKools teaching you kids? Nothing apparently.

 

They don't use that money to modernize and grow. They use that money to buy back and cancel stock to drive up the price of the stock that is still out there by shorting the supply. That way, the CEO's get their golden parachute a little golder.

 

I am one of those small privately owned businesses. When I have acquired more money through tax cuts and profit I don't hire more staff. What I have done is buy up other similar businesses and reduce the total number of staff as there is always duplication in work between the businesses. Yes, we are ruthless but that is the way it goes. Tax cuts at the top end do not increase employment

 

You don't represent all small business owners though. When I was one before retirement I used them to buy new and better equipment and grow my business. The last time I was in that circumstance I bought another log truck and hired a man to drive it, see how that works?

 

Spoken like a true all business is evil and corrupt brainwashed by our liberal education( indoctrination) school system millennial, how sad. What's your life goal might I ask, a government job?

 

I worked for the government for awhile. Now I don't. My life goal is to escape alive. Nice strawman. Maybe you can burn it to keep warm.